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A comment on The Tax Haven That's Saving Google Billions.

Re:The Tax Haven That's Saving Google Billions by nysauhem on Thursday October 21, 2010 @10:35AM (#1815536)
"The setup lowers Google's overseas tax bill, but it also affects U.S. tax revenues as the government struggles to close a projected $1.4 trillion budget gap."

It's a ridiculous notion that any single corporation's tax contribution will put even the slightest dent in the budget deficit. Government spending is like gas in a vacuum, it will expand to fill whatever space you give it.

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Re:The Tax Haven That's Saving Google Billions by ceejayoz on Thursday October 21, 2010 @10:56AM (#1815664)
Google is hardly the only corporation doing this.
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Re:The Tax Haven That's Saving Google Billions by jacoblyles on Thursday October 21, 2010 @03:36PM (#1817096)
Government spending is up 100% over 10 years. Maybe someone should look into that.
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Re:The Tax Haven That's Saving Google Billions by vermontdevil on Thursday October 21, 2010 @04:04PM (#1817212)
But the US can actually reduce the gap by cutting down on wasteful spending (see Iraq and Afghanistan adventures). This should be a priority but alas our politicians love to spend and that applies to both sides.
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