That their intentions aren't pure enough for some is not a reason to not celebrate what they're doing for their employees.
That their intentions aren't pure enough for some is not a reason to not celebrate what they're doing for their employees.
This is false. What do you mean?
http://en.wikipedia.org/wiki/Corporate_tax_in_the_United_Sta...
http://www.bloomberg.com/news/2013-05-22/google-joins-apple-...
>if Google "avoids" taxes on its' income it will end up being paid (at probably a much higher rate) by the shareholders and employees
Also not true. Long term capital gains tax is 15%. Dividends are taxed at the same rate, unless you make over $400k per year, at which point you pay 20%. Corporate taxes, in contrast, are 35% at the federal level. Taken with state taxes the effective rate is close to 40% (http://www.kpmg.com/global/en/services/tax/tax-tools-and-res...). So it's a net loss when Google dodges taxes.
(And I didn't even get into shares held abroad or in retirement accounts.)
(Edits with slightly less confrontational language.)
You're dead wrong.
The corporate tax is 35% at the federal level and anywhere from 1-12% at the state level. Reductions in corporate taxes increase the net income available to shareholders. One easy way for under-levered companies to increase profits for shareholders is to go borrow a bunch of debt (interest expense is deductible). As a sidenote, Minsky thought eliminating corporate taxes might increase economic stability because it would remove the incentive for corps to increase leverage in order to minimize taxes.
You might be thinking of a REIT or a MLP where taxable income is passed through to the partners.