People are getting angry about tech giants avoiding taxes

Google, Facebook, Apple, and Amazon use complex accounting methods to greatly reduce their tax bills, while greatly increasing spending on lobbying US and European governments.

Headlines ,such as this one from a Reuters story: “Google paid $55m in UK taxes on $5.5bn sales in 2012” anger many regular tax payers in the US, UK, France, and frankly, everywhere.  These companies use legal loopholes and international transactions to weave a complex web of tax avoidance.