$7 Million Stolen from The Rolling Stones

That’s really the whole essence of this story, via email from my brother Stacy.

The Rolling Stones has taken advantage of the
Netherlands tax structures for the past 20 years, with the help of
Dutch accountant Johannes Favie, who runs Promogroup, a financial
consulting firm. Promogroup has helped the Rolling Stones pay just over
$7 million in taxes on earnings of $450 million over the past two
decades. In 2005, the rockers paid a tax rate of 1.6 percent on
earnings of $172 million.

Anyone is welcome to slice it and dice it any way they may wish, but at the end of the day, you can’t claim that the Stones were not compelled, by force — by threat the destruction of their grand enterprise and loss of their freedom — to pay that $7 million. That’s a fact, and that fact has very clear implications.

Oh, I’m quite sure they don’t begrudge it at all. They’re probably rather pleased about it. At U.S. corporate tax rates of 35%, they would have paid around $160 million in taxes most other places. In a sense, then, it could be argued that they paid the Netherlands $7 million dollars to protect them from having $160 million stolen. Defense against theft and aggression isn’t cheap, especially when the thieves are some of the largest nation-states on the planet.

…And consider this: suppose the Rolling
Stones, or any of the other mega-productive individuals or groups was
not obligated to pay a single dime. Out of a half-billion dollars, how
much do you suppose they might willingly give to pay for civil order,
if only asked nicely? Think it might just be a bit more than $7 million
out of half a billion?

Well, good for them, and good for all the others the article cites. The rest of you can fucking choke on your "tax revenues," you worthless, envious fucks. I haven’t got a second’s use for any fuck, anywhere, that can’t acknowledge the plain fact of theft.

Join Over 5,000 Subscribers!

Get exclusive content sent directly to your inbox.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.

Richard Nikoley

I started writing Free The Animal in late 2003 as just a little thing to try. 20 years later, turns out I've written over 5,000 posts. I blog what I wish...from diet, health, lifestyle...to philosophy, politics, social antagonism, adventure travel, expat living, location and time independent—while you sleep— income by geoarbitrage, and food pics. I intended to travel the world "homeless," but the Covidiocy Panicdemic squashed that. I became an American expat living in Thailand. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. ... I leave the toilet seat up. Read More

1 Comment

  1. jomama on February 18, 2007 at 06:50


    Dumb fucks deserve what's coming.

Leave a Comment

You must be logged in to post a comment.