28 April 2005

Bill Gates' Business Dichotomy

Apparently, bill Gates has, wearing his hat as head of a charitable foundation, been saying that state schooling is failing kids. Presuably doing something about that will tkae public money to some degree, so it is interesting to learn:"Microsoft maintains a small office in Reno, Nev. -- a state with no corporate income tax. Sixty billion dollars in licensing fees for Windows and Office software has passed through that office, and an estimated $300 million in taxes has been lost to Washington for the sale of products produced in Washington.".
It's not just the USA that this affects, either.
I refer you to the campaign to redefine the legal status of corporations so that they are not only legally obligated ot produce monetary profit for shareholders but to act as good neighbours and responsible citizens. A corporation is defined as a person legally, they should have the responsibilities too.

It's an illustration of the parasitical nature of big business: willing to take the advantages that public infrastructure produces but seeking ways to avoid paying a share in that infrastructure at every point possible. As the article says: "Microsoft's familiar advertising slogan, "Your potential, our passion" is undercut by every transaction made in that Reno office. With every transaction, and with every unpaid tax dollar, Microsoft's (business) passion reduces children's potential, by making it harder to adequately fund our schools."
Bill Gates' Business Dichotomy:

No comments:

"Spend and tax" not "tax and spend"

 I got a response from my MP which got me kind of mad. You'll see why as I reproduce it here. Apologies for the strange changes in types...