Microsoft admits to dodging $29B in taxes. Yes, billion with a B.

[ModBod]

Baalzamon said:

Lafiel said:

yea, better give it to some rich shareholders rather than spending for science, education, infrastructure, welfare,...

What exactly do you think happens when the rich shareholders make money off of it? For one, they pay taxes (which then goes towards science, education, infrastructure, welfare...). What is left over gets pushed right back into the economy (whether it be them spending it on goods, or them investing it in companies, which are responsible for improving science, education, infrastructure, welfare...

So I'm really confused how rich shareholders getting the money is any worse off?

Except they don't, they put it offshore so it wont be taxed.