Tuesday, May 21, 2013

“There is a technical term economists like to use for behavior like this,” said Edward Kleinbard, a former staff director at the Congressional Joint Committee on Taxation. “Unbelievable chutzpah.” - NYT


The nation’s most profitable technology company has avoided tens of billions in taxes through a web of subsidiaries so complex it spanned continents and surprised experts.

“There is a technical term economists like to use for behavior like this,” said Edward Kleinbard, a former staff director at the Congressional Joint Committee on Taxation. “Unbelievable chutzpah.”

No comments:

Post a Comment