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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (744303)10/5/2013 1:26:59 PM
From: Brumar89  Respond to of 1576956
 
How did Tx Instruments people invent so many things?

You want high tech? Consider:

Jack St. Clair Kilby (November 8, 1923 – June 20, 2005) was an American electrical engineer who took part (along with Robert Noyce) in the realization of the first integrated circuit while working at Texas Instruments(TI) in 1958. He was awarded the Nobel Prize in physics in 2000. [1]

He is also the inventor of the handheld calculator and the thermal printer.

.....

Along with Robert Noyce (who independently made a similar circuit a few months later), Kilby is generally credited as co-inventor of the integrated circuit.


Jack Kilby went on to pioneer military, industrial, and commercial applications of microchip technology. He headed teams that built both the first military system and the first computer incorporating integrated circuits. He later co-invented both the hand-held calculator and the thermal printer that was used in portable data terminals.


In 1970, he took a leave of absence from TI to work as an independent inventor. He explored, among other subjects, the use of silicon technology for generating electrical power from sunlight. From 1978 to 1984, he held the position of Distinguished Professor of Electrical Engineering at Texas A&M University.


From 1978 to 1985, he was Distinguished Professor of Electrical Engineering at Texas A&M University. In 1983, Kilby retired from Texas Instruments.


.....

en.wikipedia.org

The company he worked for, Texas Instruments, was founded in 1951 as a spinoff from a geophysical services company serving the oil and gas industry.

As far as political backgrounds go, I'll just note that one of the early Presidents was:

Frederick Joseph Agnich, known as Fred Agnich (July 19, 1913 - October 28, 2004), [1] was a Minnesota-born geophysicist who served from 1971 to 1987 as a Republican member of the Texas House of Representatives. From 1972 to 1976, he was the Texas Republican National Committeeman.

This Republican headed TI when the first integrated circuit was invented.



To: tejek who wrote (744303)10/5/2013 1:32:36 PM
From: i-node  Read Replies (3) | Respond to of 1576956
 
>> its far different working for Google than it is for Walmart or Boeing.

Yes, it is. Google is just, so, grown up. Weeeeee!




To: tejek who wrote (744303)10/7/2013 2:56:16 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1576956
 
Ted,
First...........for the most part, these corps are getting created in liberal bastions; not conservative ones
They follow the money. SV has money. Other liberal bastions like Philly, Detroit, and Chicago doesn't.

If liberalism is the reason why these corporations are successful, then why don't you see any in other liberal bastions.

The answer is that it has nothing to do with liberalism.

Tenchusatsu



To: tejek who wrote (744303)10/11/2013 10:16:48 AM
From: Brumar893 Recommendations

Recommended By
FJB
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TideGlider

  Read Replies (1) | Respond to of 1576956
 
How tejek's liberal idol, Google, dodges taxes



Here's the way big liberal owned companies run their business. I wonder how many "children" could be fed if Google brought their profits back to the U.S. and stopped looking for ways of avoiding every penny of taxes?


October 10, 2013 7:09 pm

‘Dutch sandwich’ grows as Google shifts €8.8bn to Bermuda
By Vanessa Houlder
©AFP
Google funnelled €8.8bn of royalty payments to Bermuda last year, a quarter more than in 2011, underlining the rapid expansion of a strategy that has saved the US internet group billions of dollars in tax.

By routing royalty payments to Bermuda, Google reduces its overseas tax rate to about 5 per cent, less than half the rate in already low-tax Ireland, where it books most of its international sales.

The figures were revealed in the latest filings by one of Google’s Dutch subsidiaries, and means that royalty payments made to Bermuda – where the company holds its non-US intellectual property – have doubled over the past three years. This increase reflects the rapid growth of Google’s global business.

The company has been at the centre of the international controversy over corporate tax avoidancebecause it earns “substantially all” its foreign income in Ireland and pays relatively little tax in the countries where its customers are based.

It has also faced criticism for its use of a “double Irish” structure that exploits differences between the US and Irish tax codes to move the profits from Ireland to Bermuda. It also routes the profits through the Netherlands to avoid withholding taxes, using a structure known as a “Dutch sandwich”. Google declined to comment.

Revelations about Google’s tax planning have stoked widespread public anger, prompting politicians to launch an international crackdown on corporate profit shifting. The problems raised by digital companies is one of the central issues being addressed by the initiative launched by the G20 group of leading economies this summer.

In principle, multinationals such as Google that pay relatively little tax overseas will face big bills in the US when they bring their earnings back to the US. But Google has not provided for extra US tax because it intends to permanently reinvest $33bn The new figures come from the accounts of Google Netherlands Holdings, which represents the “Dutch sandwich” part of the tax structure. It received €8.6bn in royalties from Google Ireland Ltd and €232.8m in royalties from Google’s Singapore operation. All but €10.4m of this was paid out to Google Ireland Holdings, a company that is incorporated in Ireland but controlled in Bermuda.

Differences between the Irish and US tax codes mean that this dual-resident company is viewed as Irish for US tax purposes but Bermudan for Irish purposes. It acquired much of Google’s intellectual property in 2003, which it licensed to Google Ireland Ltd, a Dublin-based business that is at the heart of its global operation. The business, which employed 2,199 people last year, paid €17m in Irish corporation tax, having reported pre-tax profits of €153.9 on turnover of €15.5bn.

Google’s UK operation, which provides marketing services to the Irish affiliate, paid £11.5m in corporate tax in 2012, nearly double the bill for 2011 but far less than many MPs and other critics believe it should have paid. The UK is Google’s second-biggest market, responsible for almost 10 per cent of its sales, or almost $4.9bn last year.

In a stormy parliamentary hearing earlier this year, Margaret Hodge, chair of the Public Accounts Committee denounced Google as “evil” and accused it of “devious, calculating and unethical” behaviour by booking sales in Ireland. But Google said this was an unfair representation of the way it operated in which sales activity took place in Britain but only the Irish business had the right to close the transaction.

ht greenspirit