This is the lead story on Drudge. They are even avoiding our 12.5% rate
Google 2.4% Rate Shows How $60 Billion Lost to Tax Loopholes - Bloomberg
Weren't we working on the assumption that they were paying hear to cheat the Americans. Turns out they are cheating us too!Google, the owner of the world’s most popular search engine, uses a strategy that has gained favor among such companies as Facebook Inc. and Microsoft Corp. The method takes advantage of Irish tax law to legally shuttle profits into and out of subsidiaries there, largely escaping the country’s 12.5 percent income tax.