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776 bytes added ,  04:30, October 25, 2010
→‎Controversy: new sub-section:tax dodging
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==Controversy==
 
==Controversy==
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=== Tax Dodging ===
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A report by Bloomberg News has Google setting up offshore banks accounts to avoid paying taxes on foreign profits. More than $3.9 billion dollars have made it to [[Bermuda]] bank accounts over the last several years. Google has cut its effective tax rate abroad to just 2.4%. The practice is common and [[George Soros]] has been known to place his billions of dollars in Cayman Island banks. This costs the U.S. government more than $60 billion dollars in revenue. <ref>[http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/After-news-of-Google-tax-dodges-Obama-raises-money-with-Google-execs-105513473.html#ixzz13LE2lg1F After news of Google tax dodges, Obama raises money with Google execs, Washington Examiner, October 22, 2010]</ref>
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=== Privacy Concerns===
 
=== Privacy Concerns===
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===Hypocrisy on Net neutrality===
 
===Hypocrisy on Net neutrality===
 
Neil Stevens of Redstate.com notes that Google says one thing and does another, tarnishing their reputation in the process. He lists where Google emphasizes support then does what they want in regards to shutting down access. <ref>[http://www.redstate.com/neil_stevens/2009/08/23/google-undermines-the-internet/ Google undermines the Internet, RedState.com, August 23, 2009]</ref>
 
Neil Stevens of Redstate.com notes that Google says one thing and does another, tarnishing their reputation in the process. He lists where Google emphasizes support then does what they want in regards to shutting down access. <ref>[http://www.redstate.com/neil_stevens/2009/08/23/google-undermines-the-internet/ Google undermines the Internet, RedState.com, August 23, 2009]</ref>
      
== References ==
 
== References ==
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