Barney's Blog

Blog archive

Google: the Teflon Company

The arrogance that is Google knows no bounds. That is because there are barely any consequences for what it does or what its executives say. It is amazing that Google can talk about doing no evil and not get laughed out of the room.

Here is a rundown on recent news: Google was found to be sheltering billions in profits in Bermuda (among other shelters), allowing it to pay a paltry 3.2 percent in corporate tax. Now let's not forget these profits come from co-opting the content of others -- Google, unlike Yahoo and AOL, produces no content whatsoever.

So what does Google get for this behavior? Reports came out that Google chairman Eric Schmidt was offered an Obama Cabinet post (information probably spread by Google) followed by reports that Google chairman Eric Schmidt declined an Obama Cabinet post (information probably spread by Google).

When we don't pay our taxes we lose our houses or go to jail. Google gets offered a key government positions. And you are not going to believe what the job was -- Treasury Secretary. Having Google run the treasury is like having Bernie Madoff watch your wallet.

After letting the world know that Schmidt was offered and declined the treasury post, the chairman was asked about his own company taxes:

"I am very proud of the structure that we set up. We did it based on the incentives that the governments offered us to operate," Schmidt said. "It's called capitalism. We are proudly capitalistic. I'm not confused about this."

Just because Schmidt is technically right about legally avoiding taxes doesn't make it right.

Posted by Doug Barney on 01/07/2013 at 1:19 PM


Featured

  • Microsoft Ups Its Windows 10 App Compatibility Assurances

    Microsoft gave assurances this week that organizations adopting Windows 10 likely won't face application compatibility issues.

  • SharePoint Online Users To Get 'Modern' UI Push in April

    Microsoft plans to alter some of the tenant-level blocking capabilities that may have been set up by organizations and deliver its so-called "modern" user interface (UI) to Lists and Libraries for SharePoint Online users, starting in April.

  • How To Use PowerShell Splatting

    Despite its weird name, splatting can be a really handy technique if you create a lot of PowerShell scripts.

  • New Microsoft Customer Agreement for Buying Azure Services To Start in March

    Microsoft will have a new approach for organizations buying Azure services called the "Microsoft Customer Agreement," which will be available for some customers starting as early as this March.

comments powered by Disqus
Most   Popular

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.