Good for Microsoft for Limiting Tax Liabilities

Leftist David Sirota writes for the International Business Times, “Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company‚Äôs most recent annual filings with the Securities and Exchange Commission.” For Sirota, this is an accusation. For anyone who recognizes the rights of producers to keep and use their earnings as they see fit, this is great news. Microsoft earned that money, and its owners are morally right to legally limit the amount of wealth government pillages from the company.