Wednesday, December 15, 2010

Bloomberg Sues Company For Doing What His Foundation Does

Bloomberg is suing a Washington State tobacco company for not paying taxes on product it sells in New York.

Ironically, he brags about keeping his charity foundation headquarters in the Cayman Islands so he doesn't have to pay taxes in New York.

It's for the "public good," he says.

How come nobody in the press calls this what it is - hypocrisy - or calls Bloomberg what he is - a hypocrite?

Well, actually I guess they did when the Bloomberg/Cayman Island story first surfaced, but it's the kind of thing they ought to be bringing up every time he talks about layoffs for teachers or charging fire victims $500 for the FDNY to put out a fire.

You know, maybe if corporate rooks like Bloomberg paid their fair share of taxes instead of putting their money in overseas tax havens, the city wouldn't be in the state it's in.

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