As rock stars go, Bono and U2 are in the one percent of the one-percenters. They already pay a ton in taxes, although there’s always been the debate as to whether they pay enough.
Remember how U2 moved their business operations out of Ireland into the Netherlands because the Dutch offered a more competitive tax environment? U2’s move wasn’t in any way illegal–jurisdictions compete on tax rates all the time at all levels of society–but many questioned the morality of a band as big as U2 (and one with such a social conscience) skipping down in order to save a few euros. Or maybe this is just a case of class envy from the left.
Either way, the BBC had this report on what the Irish thing about Bono’s tax situation.