Star-Ledger Editorial Board Wags Collective Finger at EA over Taxes

September 13, 2011 -

The New Jersey Star-Ledger newspaper has a rather strongly-worded editorial about what they see as EA's over-manipulation of the United States Tax code. The op-ed piece, a response to the New York Times piece on Sunday that basically outed EA for its practices, calls on the U.S. government to end "unfair tax breaks" for big corporations and to offer those incentives to smaller, more-deserving start-ups. The piece also pokes fun at what EA does as a business, saying that EA knows how to manipulate the system enough to be a pro at its own game called "Tax Break Empire."

That sounds like a boring game to me... But the Star-Ledger Editorial Board goes on to say that taxpayers forfeit billions to corporations for these kinds of lucrative incentives from the federal government every year. The article closes by saying that in the midst of massive budget deficit, businesses need to understand that the country can't afford "tax loopholes and undeserved subsidies."

You can read the whole thing here. While the focus of the article is on EA (for obvious reasons) it's clear that the author(s) thinks plenty of other big corporations are engaging in the same kinds of practices. The real question is, is it wrong for a company like EA to take advantage of a system that is clearly meant to benefit corporations with smart lawyers and tax experts?

Source: Star-Ledger


Comments

Re: Star-Ledger Editorial Board Wags Collective Finger at EA ...

The older I get the more I think a flat tax might be a good idea.

 
Forgot your password?
Username :
Password :

Poll

Best decade for video games?:

Shout box

You're not permitted to post shouts.
ZippyDSMleePapa Midnight: Care to take a look at this and tell me what you think about it? http://www.amazon.com/Frisby-FS-5010BT-Surround-Speakers-Bluetooth/dp/B00EYX1N2S/03/26/2015 - 10:27pm
Matthew Wilson@AE I think he means both.03/26/2015 - 9:23pm
ZippyDSMleeuhg either a nap after being up 30 hours or working on my comp blah. Oh wow when did the the all shout box page show 3 times as many shouts 0-o03/26/2015 - 8:30pm
Andrew EisenMechaCrash - Sony in particular or Hollywood in general?03/26/2015 - 7:38pm
Matthew Wilson@mach no way in hell, so that is why I want them to stay away.03/26/2015 - 7:21pm
MechaCrash"Get the movie right" is preferable to "stay away," but do you really think they won't screw it up?03/26/2015 - 7:19pm
Craig R.And yes, 90's games. Damn near all of my fav computer & console games were from that decade03/26/2015 - 7:00pm
Craig R.I'd take the NCAA seriously if they'd bite instead of bark03/26/2015 - 6:59pm
Andrew EisenConster - Sure, give me a few minutes.03/26/2015 - 3:05pm
Consterhttp://sanfrancisco.cbslocal.com/2015/03/26/salesforce-ceo-says-company-is-cancelling-all-programs-in-indiana-over-lgbt-discrimination-fears/ http://edition.cnn.com/2015/03/25/politics/mike-pence-religious-freedom-bill-gay-rights/index.html03/26/2015 - 2:55pm
ConsterApparently Salesforce and the NCAA are also upset over SB 101. I know they're not video-games related, but maybe add a line to the article?03/26/2015 - 2:54pm
Andrew EisenThat said, I doubt that if the movie gets made, it will be similar to either version of the show. But, Star Wars movies will be out again and the designs are still pretty awesome so it's got a chance.03/26/2015 - 2:34pm
Andrew EisenPeople my age and older with disposable income and a fondness for nostalgia.03/26/2015 - 2:32pm
Matthew Wilson@AE I am kinda surprised sony would want to make a movie of something that is 30 years old. I woulder how many people remember robotech?03/26/2015 - 2:24pm
Andrew EisenProbably not but my wish is that Hollywood make good anime movies.03/26/2015 - 2:20pm
Matthew Wilsonhttp://variety.com/2015/film/news/robotech-movie-sony-tv-series-anime-1201460191/ am I the only one that wishes Hollywood would stay a million mile away from anime?03/26/2015 - 1:29pm
MaskedPixelantehttp://www.comicbookmovie.com/fansites/markcassidycbm/news/?a=117247 Because when I think "all new, all different", my mind jumps to a hero that's served on FOUR different Avengers teams.03/26/2015 - 11:31am
Matthew Wilsonnot shocked, lets see how gencon reacts.03/26/2015 - 11:01am
Andrew EisenAnd for those of you keeping track, Indiana's SB 101 was signed into law this morning by Gov. Pence.03/26/2015 - 10:58am
james_fudgeyeah!03/26/2015 - 9:17am
 

Be Heard - Contact Your Politician