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Rex on Bono

edit David Janes 2006-10-20 11:16 UTC 2 comments  ·  ·

Rex Murphy editorializes:

The story is almost big enough to drown out the news that U2, the famous Irish band, has moved some of its assets from Ireland to the Netherlands. The Netherlands has a very favourable tax rate, even better than Ireland, which for artists is already a tax haven of unimaginable indulgence. U2 is of course Bono's band, Bono, the Stephen Forbes business partner and the greatest scold of "rich" governments on the face of the earth. Bono was the man who nagged Paul Martin in public for Canada's not giving enough for African debt relief, but then Bono, friend of Bill Clinton, consort of the princes of the world, World Economic Forum attendee, gazillionaire, nags everyone about Africa.

He even read the riot act of Liberal outrage to his own government because the Irish government, like Canada, was slack on debt relief for Africa. Uriah Heap with groupies. Bono and his multimillionaire band-mates have hauled their songwriting business out of Ireland because Ireland has modestly upped the tax levy on artists making over half a million a year. So he wants Ireland to give more of its taxes to help poor Africa, but he, Bono, wants to pay less taxes to Ireland.

[...] Bono said he was crushed. Well, I guess the "Make Poverty History" front-man has less trouble with inconsistency and hypocrisy when it's his bank account and his band-mates' bank accounts that actually take the hit.

[...] This guy has been lecturing whole continents for decades — he's the self-declared pope of poverty — about Africa, but now hauls part of his empire from his home country to Amsterdam. Lecture us no more, Mr. Bono. A tax haven is not a pulpit. Amsterdam is not an African village. However, all is not lost. Maybe Bono will adopt someone. Let us pray, let us all pray it's Madonna. They deserve each other. For "The National", I'm Rex Murphy.

Bono is just doing the same as the rest of us are trying to do: minimize taxes paid. He does this by moving his corporations to Amsterdam; we do it by voting for governments that don't pledge to give our money to Bono's pet causes.