Skip to content

Edge Avoids Taxes

Are U2 avoiding taxes? At Glastonbury, protesters were present, and a group called Art Uncut inflated a giant yellow balloon with the message ‘U Pay Your Tax 2’ during U2’s performance.
In the US, federal worker Simon Moroney wrote a letter to the Baltimore Sun to criticize the band’s tax evasion.

It was time for the Edge to step in and get involved in the debate over the band’s exploitation of tax loopholes: he sent his own letter to the Baltimore Sun, declaring:

‘The recent letter to the editor entitled, ‘Senator Cardin's affection for Bono's foundation is indefensible,’ (July 7) by Simon Moroney contains so many inaccuracies that it is pointless to attempt to correct them all.

But the most serious inaccuracy is the totally false and possibly libelous accusation that U2 and Bono have, by moving a part of their business activities to Holland, been involved in tax evasion.

For the record U2 and the individual band members have a totally clean record with every jurisdiction to which they are required to pay tax and have never been and will never be involved in tax evasion.

Contrary to what Mr. Moroney writes, Ireland is, thankfully, not bankrupt.

Had he bothered to contact the Irish Ministry of Finance, as did Spin magazine journalist Steve Kandrell for his March 25th 2009 feature on U2, he would have discovered that they have no problem with U2 basing some of their business activities in Holland.

‘People complained at the time,’ says Owen Durgan of the Ministry of Finance. ‘But we have companies moving here from the rest of the EU, so it all evens out. We wouldn't make an issue of it.’

Furthermore, since he is a federal worker, it might interest Mr. Moroney to know that U2 and its members have paid many, many millions of dollars in taxes to the United States Internal Revenue Service over the years.

I hope that his fears of an Obama tax increase affecting him personally turn out to be as unfounded as his statements about U2's tax affairs and Bono's ONE campaign.

The Edge’

It’s really time to seriously investigate this ! Who is telling the truth? And it is more urgent than ever now that the band is selling the Claw, the 360º stage they have used for 110 concerts in 78 cities!

Leave a Comment





Amazon_Smile_logo
LET-ME-HELP-LOGO

Support Let Me Help Inc by shopping at smile.amazon.com

The Daisy Jopling Band To Perform “Who’s Who” At The Transfiguration Church In Tarrytown, NY Sunday May 12th, 2024 7 PM ET

By admin | May 9, 2024 |

The Transfiguration Church in Tarrytown, New York Presents “Who’s Who”, original violin arrangements of iconic songs by The Who performed by the Daisy Jopling Band featuring the Sleepy Hollow High School Chamber Orchestra on Sunday, May 12th, 2024. Location: Transfiguration Church 268 South Broadway Tarrytown, NY 10591 United States Tickets are $25 and can be…

Cyborg Drummer/DJ DRMAGDN Headlining Montauk Music Fest

By admin | April 9, 2024 |

Major Label BMG Records Artist & Producer DRMAGDN Cyborg Drummer / DJ will be making his Montauk Music Fest debut this year in May. DRMAGDN will be the Official Host & MC of The Montauk Music Fest plus play headlining sets on Friday 5/17 and Saturday 5/18 from 10pm-12am at Gurney’s Montauk Resort (290 Old…

RED CARPET EVENT @ Chelsea Table & Stage 4/12/24 Featuring THE AMERICAN RELICS & DRMAGDN

By admin | March 25, 2024 |

On Friday April 12th, 2024 beginning at 6:30 pm ET  there will be a Red Carpet event pre-show sponsored by Tribeca Records at the trendy nightspot Chelsea Table and Stage located in the heart of Chelsea at 152 west 26th street (inside the Hilton Fashion Hotel) in NYC. The Red Carpet will be followed by…

Live Review: Composer Randy Edelman Live at Chelsea T&S “2nd Annual St. Patrick’s Day Massacre” 03/16/24 and Record Release in NYC

By admin | March 17, 2024 |

There was an infinite vitality of velvet green flowing deliciously through the air as Composer Randy Edelman presented his 2nd Annual St. Patrick’s Day Massacre at the trendy new nightspot Chelsea Table & Stage in the heart of NYC on March 16, 2024….. a vivacious close to the spirited Irish Parade. His music is the…

DRMAGDN: Cyborg Drummer/DJ Debuts @ Chelsea T&S With Retro 80’s Party & Red Carpet Event 4/12/24

By admin | February 29, 2024 |

BMG recording artist, producer and World renowned, Global Touring Electrifying Powerhouse, DRMAGDN: Cyborg Drummer and DJ will make his debut at the popular, trendy night spot Chelsea Table & Stage (located at 152 west 26th street inside the Hilton Hotel) on  Friday April 12, 2024 @ 9:00PM. DRMAGDN will be celebrating his high energy brand of Electronic Dance Music (EDM)…

Going Steady: New Singles 2-23-24- 2-29-24 Reviewed

By Iman Lababedi | February 26, 2024 |

dance pop, gooey confection

US Top Ten Albums Tracking 2-16-24 – 2-22-24

By Iman Lababedi | February 26, 2024 |

75K EAUs is abysmal

Our Friend Tony Orlando’s Farewell Tour

By admin | February 25, 2024 |

“I still hit the ball, I just can’t run the bases!!!”

Sneak Peaks: New Album releases 3-1-24 – 3-7-24

By Iman Lababedi | February 25, 2024 |

contenders for the best punk rock around

Child Bite, Lamb Of God, Pantera At Madison Square Garden, Thursday, February 22nd, 2024, Reviewed

By Iman Lababedi | February 25, 2024 |

A three hours of hard rock, metal not metal, swift, loud, egoless pure metal

Scroll To Top