Polikarpov U2
Posted on 03/03/2009 7:03:11 PM PST by an amused spectator
As new 'No Line on the Horizon,' album is released, Dubliners protest band's business shift to Amsterdam.
Dublin, Ireland - The band that loves to rail against global corporate malfeasance is being criticized at home over allegations of tax dodging.
U2, whose new album, "No Line on the Horizon," is being released Tuesday in the United States, has lately found itself the focus of protests in Dublin over global tax avoidance.
The controversy stems from 2006, when the band moved its publishing company to the Netherlands to avoid a potential multi-million-euro tax bill after the Irish government capped artists' tax-free earnings at €250,000 ($315,000). By basing its operations in Amsterdam, U2 is only liable for a nominal royalty tax.
"U2 might publicly support development aid to Africa, but it is taking advantage of the same tax avoidance schemes that multinational companies use to deprive developing countries of important revenue," says Hans Zomer, director of Dóchas, an association of Irish development organizations. A report by Christian Aid, titled "Death and Taxes," estimates that developing countries lose $160 billion per year through multinational corporations' shifting of profits to avoid tax.
(Excerpt) Read more at csmonitor.com ...
don’t worry Bono....you can work for Obama.
You want your favorite cause to have more money, write it a check. Otherwise get the hell out of the way.
Another hypocritical liberal - oh the huge manatee.
It’s funny how liberals always want to spend someone else’s money. Liberals are a bunch of lazy, unpatriotic, tax deadbeats.
Bono wants western taxpayers to send hundreds of billions (more) to Africa while he dodges taxes in offshore tax havens and through tax dodging corps. The band collectively are the wealthiest people in Ireland yet they pay very little in taxes. Typical phony.
“”hey are living in Ireland, so they should pay Irish taxes, especially now that the country needs the money,” says Dave Coughlan, one of hundreds lining up in Dublin’s Grafton Street last Thursday night for the first copies of U2’s new album, which was released Friday.”
How do you spell “DUFUS”?
D-A-V-E-C-O-U-G-H-L-A-N!
more to the point why these leftists are the ultimate hypocrites. I am now wondering if the title track to their new album is “Do as i say not as I do.”
“He (Bono) claimed that Ireland’s Celtic Tiger boom was partly fueled by government tax breaks and sweeteners in the financial services sector....”
Is there a seed of hope for the guy? He almost seems to realize that low taxes spur the economy! Almost!
Bono is such a foreign relations expert he should be exempt from taxes.
So are all those evil corporations.
Pavlov's dogs come immediately to mind.
I could watch old movies from Netflix and listen to great old tunes from vinyl picked up for naught at a garage sale for years.
Who in their right mind rushes out to buy something NOW because it's "new"?
Well, that's certainly true...
Oh, I get it - you're one of those rude Freepers, always going around pointing out when the Saint ain't got no clothes...
They both sport a Red Star... ;-)
Well, low taxes for him, anyways...
To be a liberal is to be an utter hypocrite. Hypocrisy is in their damn genes.
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