Tax protesters — a more encouraging kind

Protesters drew attention at a rock concert recently.  Their complaint?  Rock stars who move to tax havens to avoid paying taxes.

“‘Tax(es) nestling in the band’s bank account should be helping to keep open the hospitals, schools and libraries that are closing all over Ireland,'” Art Uncut member Charlie Dewar said ahead of the protest.

“U2, [Ireland]’s most successful band, was heavily criticised in 2006 for moving its corporate base from Ireland to the Netherlands, where royalties on music incur virtually no tax.”

http://www.smh.com.au/entertainment/violence-erupts-as-u2-rocks-glastonbury-20110625-1gkbg.html#ixzz1QHiR2jEM

Nonviolent protests, I’m for.

What about corporations that shift income to tax havens?  Where, as Bob Dole once asked, is the outrage?

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Author: patoglesby

From 1982 to 1990, I worked in tax policy for Committees of the United States Congress. In recent years, I was Adjunct Lecturer at UNC-Chapel Hill's Business School and then Adjunct Professor at its Law School.

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