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The IRS’s Tax Rate on Google’s Foreign-Source Income Is 2.4 Percentage Points Too High

by Dan Mitchell | Oct 22, 2010 | Blogs, Taxation

There’s been considerable attention to the news that the IRS has only managed to grab 2.4 percent of Google’s overseas income. As this Bloomberg article indicates, many statists act as if this is a scandal (including a morally bankrupt quote from a Baruch College...
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