EditorsAbout the SiteComes vs. MicrosoftUsing This Web SiteSite ArchivesCredibility IndexOOXMLOpenDocumentPatentsNovellNews DigestSite NewsRSS

03.16.09

Microsoft, a Notorious Tax Evader, Takes Money from Taxpayers to Help Its Own Business (Updated)

Posted in Finance, GNU/Linux, Microsoft at 7:58 am by Dr. Roy Schestowitz

Hands grab money

Summary: Money is being stolen from the public in order to fund projects that are beneficial to Microsoft, which increasingly experiences financial difficulties

Microsoft’s tax evasion around the world is a topic that we previously summarised right here. Almost no other company is equally notorious for taxation irregularities — an issue that’s rather consistent across the board. So how does it feel to know that this year’s public looting (more commonly known as “bailout” or — more euphemistically — “stimulus”) will go to a tax-evading monopoly abuser? That is precisely what’s likely to happen pretty soon, according to Bloomberg.

Microsoft Corp., which has $20 billion of cash in the bank, is among the first in the Puget Sound area to benefit from the investment in roads and bridges through President Barack Obama’s stimulus plan.

Local planners allotted $11 million of $214 million awarded to the region to help pay for a highway overpass in Redmond, Washington, connecting one part of Microsoft’s wooded campus with another. The world’s largest software maker will contribute almost half of the $36.5 million cost. Other federal and local money will pay the rest.

Here is the more concise summary from Slashdot:

‘Bridge to Microsoft’ Gets Federal Stimulus Funds

“Among the first to benefit from the investment in roads and bridges through Obama’s stimulus plan is Microsoft, which has $20B in the bank. Local planners have allotted $11M to help pay for a highway overpass to connect one part of Microsoft’s wooded campus with another. Microsoft will contribute almost half of the $36.5M cost; other federal and local money will pay the rest. ‘Steve Ballmer or Bill Gates could finance this out of pocket change,’ griped Steve Ellis of the Taxpayers for Common Sense. ‘Subsidizing an overpass to one of the richest companies in the country certainly isn’t going to be the best use of our precious dollars.’ Ellis called the project ‘a bridge to Microsoft,’ alluding to Alaska’s infamous ‘Bridge to Nowhere’.”

Lest we forget that Microsoft lobbied for the bailout and Steve Ballmer got personally involved in this. Microsoft is approaching debt [1, 2, 3, 4, 5] and it has been having financial problems for quite a while (with a recent investors backlash).

A few days ago we wrote about Microsoft’s prospects being further disregarded by Morgan Stanley and here is a report on the subject, which happens to come from the so-called “Wintel press”.

Microsoft shares fall on weaker PC growth outlook

[...]

Morgan Stanley analyst Adam Holt expects PC unit sales to fall by 11 percent for calendar year 2009, down from his previous outlook of a 2 percent decline.

The large majority of Windows users are stuck with Windows XP. Given that fewer people are buying new PCs nowadays, the likelihood of upgrading to GNU/Linux is increased considerably.

Updated: Coverage from the ‘Microsoft press’ (Seattle):

Share this post: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • co.mments
  • DZone
  • email
  • Google Bookmarks
  • LinkedIn
  • NewsVine
  • Print
  • Technorati
  • TwitThis
  • Facebook

If you liked this post, consider subscribing to the RSS feed or join us now at the IRC channels.

Pages that cross-reference this one

2 Comments

  1. G. Michaels said,

    March 16, 2009 at 2:39 pm

    Gravatar

    Hi Roy :)

    I was wondering if you’re also going to do a hard-hitting investigative piece about how companies like Google and IBM use offshore tax shelters to, as you say, “help their own business”?

    Also, maybe just a nitpick here as you call it when people question major chunks of your (continually incorrect) premises, but how can Microsoft be “near debt” if the article says they have $20B in the bank? Just wondering.

  2. twitter said,

    May 5, 2009 at 11:37 pm

    Gravatar

    It is worth recording that local papers are billing the bridge to M$ as a way for M$ employees to get from work to the private mall that M$ just opened. As things are, they have to take a shuttle buss. Because M$ is busy firing US citizens, the other 45,000 are not likely to buy much.

What Else is New


  1. Links 24/4/2014: OpenPower Foundation, Core Infrastructure Initiative

    Links for the day



  2. Microsoft's and Bill Gates' Biggest Patent Troll (Intellectual Ventures) Suffers Setback and Nokia is Dead While Patents Scattered to Microsoft Patent Proxies

    Microsoft's patent collectors (trolls) are to have a feast with Nokia patents while Intellectual Ventures, Microsoft's largest patent proxy, continues to attack companies including Motorola



  3. Patent Racketeering Continues With Nadella: Motorola the Latest to Join the FUD Campaign

    Nadella continues Ballmer's campaign of intimidation and alienation, showing that nothing has changed at Microsoft, not even the FUD



  4. Links 23/4/2014: GNOME Maps Application, LG in Headlines

    Links for the day



  5. Links 22/4/2014: More GNU/Linux Gains, Syria Updates

    Links for the day



  6. Links 21/4/2014: New Games for GNU/Linux, Some NatSec Politics

    Links for the day



  7. Site Focus for The Remainder of the Year

    What we plan for the rest of 2014 and why



  8. Links 20/4/2014: EFF FOSS, Easter Drone Strikes, Copyright Industry Fear of Google

    Links for the day



  9. Links 19/4/2014: Slow Easter News Day

    Links for the day



  10. Links 18/4/2014: New KDE, Kubuntu, and More

    Links for the day



  11. Some Perspective on Heartbleed®

    Our views on the whole Heartbleed® bonanza, which seems like partly a PR stunt (for multiple stakeholders)



  12. Microsoft is Leaving Windows -- Including Vista 8.1 -- Vulnerable to Non-Government Crackers, Not Only to NSA

    Microsoft makes it ever more evident that securing users of Windows is not at all a priority, and perhaps not even a desire



  13. Links 17/4/2014: Android RDP, New Ubuntu, RHEL 7 Milestone

    Links for the day



  14. Racing to 1984: Mass Surveillance, Cracking, 'Targeted' Assassinations, and Illegal Torture

    Links for the day



  15. More Microsoft Subsidies to Patent Troll Intellectual Ventures

    Microsoft hands money to Bill Gates' close friend who is the world's largest patent troll



  16. Aiding Microsoft Under the Disguise of 'Pro-FOSS'

    Not everything which is FOSS necessary becomes, by virtue of existence, a positive contribution, as we are constantly reminded by projects that help proprietary software and/or restrictions get a strong grip on FOSS



  17. Links 16/4/2014: Red Hat PR, Ubuntu LTS Imminent

    Links for the day



  18. Links 15/4/2014: Lots of PCLinuxOS Releases, Ukraine Updates

    Links for the day



  19. Apple and Microsoft Actively Lobbying Against Patent Reform in the US

    Apple and Microsoft are reportedly intervening/interfering with US law in order to ensure that the law is Free/libre software-hostile



  20. Lawsuit by Microsoft Shareholder Targets Fine for Crimes Rather Than the Crimes Themselves

    A new lawsuit by a Microsoft shareholder shows everything that's wrong with today's model of accountability, where those who are responsible for crimes are accused of not avoiding fines rather than committing the crimes



  21. Public Institutions Must Dump PRISM-Associated Software

    Another reminder that taxpayers-subsidised services should refuse, as a matter of principle, to pay anything for -- let alone deploy -- proprietary software with back doors



  22. GNU/Linux News: The Opportunities Amid XP EOL

    Links for the day



  23. Microsoft Gets Its Money's Worth From Xamarin: PlayStation 4 Now Polluted by Microsoft

    The Trojan horse of Microsoft, Xamarin, is pushing .NET into Microsoft's console competitor



  24. After Brendan Eich Comes Chris Beard

    Having removed Brendan Eich using bullying and blackmail tactics, his foes inside Mozilla achieved too little as we have yet another man (coming from inside Mozilla) acting as CEO



  25. Healthcare News: Free Software in Health, Humanitarian Causes

    Links for the day



  26. Links 14/4/2014: MakuluLinux, Many Games, More Privacy News and Pulitzer Prize for NSA Revelations

    Links for the day



  27. TechBytes Episode 87: Catching up With Surveillance (NSA, GCHQ et al.)

    The first audio episode in a very long time covers some of the latest happenings when it comes to privacy and, contrariwise, mass surveillance



  28. Server News: KVM, ElasticHosts, Other GNU/Linux Items, and Open Network Linux

    Links for the day



  29. Hardware News: Freedom, Modding, Hackability on the Rise

    Links for the day



  30. Distributions News: GNU/Linux Distros

    Links for the day


CoPilotCo

RSS 64x64RSS Feed: subscribe to the RSS feed for regular updates

Home iconSite Wiki: You can improve this site by helping the extension of the site's content

Home iconSite Home: Background about the site and some key features in the front page

Chat iconIRC Channel: Come and chat with us in real time

CoPilotCo

Recent Posts