[amelius]

There are a lot of smaller companies paying tax on profit right now. If you cancel that form of tax, the money needs to come from somewhere. Hence, income tax (and salaries) will increase and things will be fair. So that scenario would be perfectly fine with me.

This is, of course, no excuse for Google not paying taxes at this moment.

[dboreham]

Are there? (genuine question) I own two small companies. Our accountant would have a fit if we left significant taxable profit in the companies. We pay any profit to employees and shareholders. Isn't Google just doing the same thing (modulo increased complexity due to their size and international reach)?