$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.

Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2021, contains 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More

1 Comment

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


    Dumb fucks deserve what's coming.

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