U2 to face tax protest at gig in Glastonbury

[Complainer]

I take advantage of every tax break/entitlement I can. I only pay the taxes I absolutely have to. The only difference is scale. The only difference is that Bono and U2 have contributed more to the tax take than I ever will and probably all in one go with one gig/album release.

If you look at it on a % basis, you'll find that you and I have contributed much more than Bono and his mates. And lectured much less.

 

[Latrade]

If you look at it on a % basis, you'll find that you and I have contributed much more than Bono and his mates. And lectured much less.

Why a % basis though? Why shift how we measure this just to add to a moot argument? What's wrong in saying Bono and U2 will have directly contributed far money actual money in taxes than I ever will? What's wrong with saying that the "art" of U2 has led to more money coming into the economy and government than anything I'm likely to ever do or achieve?

 

[Complainer]

Why a % basis though?

Because tax is calculated as a % of income.

 

[Sunny]

If you look at it on a % basis, you'll find that you and I have contributed much more than Bono and his mates. And lectured much less.

How do you know what percentage of tax Bono pays? The move abroad is related to the company and not personal taxes. If Bono was so inclined, I am sure it would make more sense for him to move to Monoco or Switzerland instead of staying in Dublin. If our tax laws were so generous to people like Bono, every pop and movie star would probably be moving over here.

 

[Purple]

Because tax is calculated as a % of income.

You don't understand the difference between the income of a business and the income of the person or persons who own that business. You are getting angry about something that you don't understand. Relax, educate yourself and you'll be less angry.

 

[Purple]

By the way, Bono has always said that trade is far more important than aid.
See here for details of the opinions of the lobby group "ONE" that he and Bob Geldof helped form.