SEC been too busy focusing on Crypto that for years they let Facebook and other social media platforms get away with significant harm, profiteering and dodgy business practices like establishing HQ in Ireland to avoid paying tax.
That is not under the SEC and, besides, it isnt illegal according to US law.
They're literally stealing user data and profiting off people.
No they arent. People are freely giving it to them. They opt to log onto Facebook and Twitter.
That money generated should be paid to those people. They are providing a service worth Billions to Zuck and get nothing in return.
Why should they have to pay them? When people sign on voluntarily, and the company profits, why should they give that back to the users?
More reasons why they should all come here. No crappy algorithms or data mining.
I agree with this. I choose to spend my time here and not to enrich the likes of Zuckerberg.
Posted Using LeoFinance Beta
Where the counter points raised are true not everyone can understand the legalities set out in the terms and conditions. In regards to why should they have to spend tax there. The question should be, why don't you have the option to stop paying tax where you are and shift to a tax evasive nation. If you can't do it, why should business?