Comment Re:Will this affect overseas profits tax evasion? (Score 1) 749
Tax evasion is illegal. Tax avoidance, which is what these companies are practicing, is not.
I've heard this argument from neoliberals on CNBC. It reminds me of a teenager whose parents catch him high as a kite: "You said I shouldn't smoke pot. You didn't say anything about cooking it in brownies and eating it."
It's a reminder about why corporations are regulated. They will do their best to circumvent laws using lawyers, unless they can be sufficiently frightened into behaving. Human beings are capable of discerning right and wrong and society holds them accountable. Corporations' charters specifically require that they not discern between right and wrong and then avoid accountability by saying, "But I didn't pinky swear!".
I would never voluntarily pay more tax than I am legally required. I do not know anyone who would voluntarily pay more tax than is legally required, regardless of their political beliefs. I do not think it is wrong to take advantage of any legal means at my disposal to reduce my tax burden. This problem will continue until the lawmakers start actually doing their job instead of trying to shift the blame for their failure.