You are here Google angling for title of #1 freeloader off taxpayers?
Submitted by Scott Cleland on Sun, 2007-04-15 15:45
It seems that having ~90% gross proift margins, a $145b market capitalization, and one of the highest-flying stocks in the market is just not enough resources for Google.
Not surprisingly, Google CEO Eric Schimdt's has come up with yet another creative new answer for who should pay for upgrading Internet capacity for video -- the American taxpayer! Certainly not Google!
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Internetnews caught Schmidt proposing the government effectively pick up Google's tab for using the Internet more than any other company.
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"Schmidt thinks the government should pay more of the rising [Internet] infrastructure costs. "We didn't ask for private citizens to pay for the highway system up front," he said. He said it would be "great" if the U.S. government recognized the advanced position other countries have in providing greater broadband access to their citizens as a competitive threat leading to further investment here."
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It's not surprising that Google wants to stick it to the taxpayer. Throughout the net neutrality debate, Google has supported the position that the consumer should pay for the upgrade of the Internet and not websites like Google.
Cost avoidance and sticking it to the taxpayer is part of a pattern for Google.
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Dotcom billionaires don't have to pay for their own costs, other people do to enjoy the pleasure of their august presence.
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Seems like Google subscribes to tax-evading felon Leona Helmsley's famous line "only little people pay taxes."
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