the broken radio was playing suicide (volare) wrote in u2,
the broken radio was playing suicide
volare
u2

  • Mood:

U2 pays millions in tax - Not Totally Exempt!

http://www.atu2.com/news/article.src?ID=3949

This info has been a long time coming; it's nothing most of us didn't know but also been a longtime "sore spot" for the critics of the band's activism to pick at... "well if they're so into raising money and supporting people in need why don't they pay taxes then??"

Well now here it is in black and white. Under the ATE they get about 1/3 of their income untaxed - their publishing and royalties. That leaves the remaining 2/3 of what they make - concert sales, for instance - and they pay millions of euros on it.

We have always known they are not that hypocritical. Now the critics will have to find another half-arsed half-truth to nitpick on... wonder what they'll find next?


Mad props to @U2 for publishing the story from The Independent
Subscribe

  • *waves*

    If anybody out there is looking for somewhere to chat about U2 now the @U2 forum is gone... this place still exists. :p

  • U2 albums survey

    Posted on Zootopia a few months ago, posting again here in case anyone wants to steal it! - List U2's studio albums in whatever order you want and…

  • Doctor WhU2

    LOL... remember that time I realised Edge is a Time Lord? (And volare illustrated it?) It turns out someone else realised it too, and…

  • Post a new comment

    Error

    Comments allowed for members only

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 2 comments