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.

 
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BillI think he got rolled twice. They made him mad enough to insult a possible advertiser. Other advertisers are going to notice this. It may be cathartic for him, but it's not good business.10/23/2014 - 9:17am
Billhttp://gawker.com/how-we-got-rolled-by-the-dishonest-fascists-of-gamergat-164949657910/23/2014 - 9:14am
Andrew EisenMarvel also shows it understands that once it leaks, it's out there and went ahead and officially released the trailer. https://www.youtube.com/watch?v=tmeOjFno6Do10/22/2014 - 9:36pm
E. Zachary KnightMarvel's response is the best.10/22/2014 - 9:31pm
Andrew EisenI'll be streaming some games tonight at 8p PST in preparation for Saturday's marathon. twitch.tv/andreweisen10/22/2014 - 9:30pm
Adam802http://www.cbsnews.com/news/3d-video-games-surprising-concern/10/22/2014 - 9:16pm
MaskedPixelanteI'm not sure how to feel about Ultron's mouth. I'm sure he has one in the comics, but this is getting dangerously close to Transformers "Optimus has a defined mouth and it looks super weird" territory for me.10/22/2014 - 8:49pm
Andrew EisenMarvel on the leaked Avengers 2 trailer: https://twitter.com/Marvel/status/52507165630662656010/22/2014 - 8:09pm
E. Zachary KnightI squeed like a little girl when I watched the leaked Avengers Age of Ultron trailer. So much awesome.10/22/2014 - 6:47pm
quiknkoldI have a problem with games that use a digit for sequals when clearly they can be called something else. Five Nights at Freddy's 2? Nonono. Its "Another Five Nights at Freddy's" or "Five Nights Week 2"10/22/2014 - 5:30pm
E. Zachary KnightExtra Credits has come out against GamerGate. https://www.facebook.com/ExtraCredits/posts/86104175727438610/22/2014 - 5:28pm
E. Zachary Knightis it really that hard to answer a question, that to me seems fairly straight forward? I ask, because I have asked a specific question now 3 times without an actual answer in the wastebook thread.10/22/2014 - 5:20pm
Andrew EisenFive Nights at Freddy's 2! Yay! https://www.youtube.com/watch?v=lVPONdZBh6s10/22/2014 - 5:07pm
Matthew Wilsonyou guys know he doesnt work for ea anymore?10/22/2014 - 5:02pm
WymorenceYou forgot having to open Unity through Origin too. :p10/22/2014 - 4:37pm
MaskedPixelanteUnity will now be licensed out half finished, with remaining tools to be sold back to you for 10-15 dollars a piece.10/22/2014 - 3:23pm
E. Zachary KnightNot a big fan of this news, but Unity3D's CEO is stepping down and John Riccitiello steps up. http://gamasutra.com/view/news/228384/Helgason_steps_down_as_Unity_CEO_and_John_Riccitiello_steps_up.php10/22/2014 - 3:06pm
MaskedPixelanteIt's probably extremism.10/22/2014 - 12:07pm
Matthew Wilsonthat being said, they are more likely to blame religious extremists than games.10/22/2014 - 12:01pm
Matthew Wilsonlets just hope they dont try to blame video games.10/22/2014 - 12:00pm
 

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