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Thread: Senate investigators: Apple sheltered $44 billion from taxes

  1. #221
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by TheDemSocialist View Post
    So raising on taxes on the rich or making them pay taxes and not flee ofshores is bad?
    I have already said it is my right to protect my property from anyone out to take it without my consent. The same thing applies to everyone including the rich.

    Yes, raising taxes on the rich and not everyone else is bad.

    Time?
    Nonsense. There is always time for more taxes.

  2. #222
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by Moot View Post
    Really, your 4th amendment rights? Has the FBI seized your private information or searched your house without a warrent?
    Yes, they have taken everyones information. All communications of any kind.

  3. #223
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by Henrin View Post
    Yeah, this coming up when scandals are running around like bratty little children and its not a diversion. Right...
    What a coincidence. This scandal ridden president is trying to hide behind whatever he can, and the democrats decide to call in one of the most successfull and repected companies on earth to try and scold them. With all that's going, that's at the top of their list.

    As Rand Paul said, Congress owes Apple an apology.

  4. #224
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by specklebang View Post
    Surely you know that I have no "evidence". Some things are what we call APPARENT. Could I dig up some similar OPINIONS©, sure. I';m not alone in my thoughts. And I can did up opions that Obama is the greatest President in history - would YOU buy that? I didn't think so.

    Nothing being discussed here will change the course of history. These ar speculative conversations at best. If you think I am wrong then just say so. Then speculate as to why these bankers were treated so differently than anyone lse might have been. I'm already an adult and familiar with "being unable to prove a negative". Lets leave that train of thought for the religion or philosophy sections.
    I did say so.

  5. #225
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by Anthony60 View Post
    Let's fix you up on this. Apple got away with nothing, they followed the tax laws as written, not over paying, not under paying. They have a duty to the shareholders to not over pay, they could even be sued for not doing what's in the best interests of the people that owne Apple stock.
    Let's fix you up on this. Apple effectively purchased tax savings by hiring expensive professionals to engineer no-nexus areas. That is extremely anti-competitive.

    Tell me, as a "conservative" how you can advocate the unleveling of the playing field where groups with more money simply buy success? How is that good for the economy?

    I'm not sure what you are talking about when you say it is "very anti-free market system". As the CEO said, they paid all the taxes they owed. I wonder if you look at you tax return and decide not to take legal deductions and pay more than you owe?
    See above. It's not hard to figure out.

    I think we should be concerned that our tax rates for corporations is so high that companies have to take these extreme measures to pay what they owe.
    Funny. You think statutory rates matter. US effective Corporate tax rates are some of the lowest. Well, there goes any credibly you had on corporate taxes. Statutory matter. What a joke.
    "If your opponent is of choleric temperament, seek to irritate him." - Sun Tzu

  6. #226
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by obvious Child View Post
    Let's fix you up on this. Apple effectively purchased tax savings by hiring expensive professionals to engineer no-nexus areas. That is extremely anti-competitive.

    Tell me, as a "conservative" how you can advocate the unleveling of the playing field where groups with more money simply buy success? How is that good for the economy?
    What do you think they paid in addition to what they would pay just competent accountants? I'm guessing it was not a billion dollars. So no, they didn't purchase tax savings the way you think they did. And no, they didn't unlevel the playing field. But they do sell a lot of merchandise and services, and employ a lot of people. Unlike the crappy solar business that our government has flushed hundreds of millions of our tax dollars down the economic toilet, Apple has been very good for the economy.


    Quote Originally Posted by obvious Child View Post
    Funny. You think statutory rates matter. US effective Corporate tax rates are some of the lowest. Well, there goes any credibly you had on corporate taxes. Statutory matter. What a joke.
    See what Apple is doing, that is why the effective rates are low. It is not because we have low rates, we don't. It is because our high rates drive companies to take these extreme measures. If the rates where competitive, it wouldn't be worth it to go to locations that have no other draw. Still think the statutory rates don't matter?

    I really see no reason for the snarky comments like "what a joke".

    They really don't garner you any respect at all. But, I guess we all have a lapse once in a while.

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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Quote Originally Posted by Henrin View Post
    Why should it be illegal? Does the government have a right to our money?
    Herin,

    This is the type of hypocrisy and deceit many Americans have been talking about for quite some time. If you didn't understand it with all the discussions concerning Mitt Romney and Bain Capital in the run-up to the 2012 presidential election, you didn't pay attention. If you didn't listen to the arguments out of Congress during the BP oil spill, you didn't pay attention. And if you didn't hear the arguments during the debates to end the Bush tax cuts, you weren't paying attention.

    Apple, like Shell Oil, like Chevron, like GE and like so many other major corporations and much like Mitt Romney can all rightly claim "they didn't violate the law and only paid their share of taxes under the law" because in most cases they did. But if you paid attention to all the arguments, what you would have learned was that many of these wealthy corporations used tax loopholes so as NOT to pay the true amount of taxes they would have ordinarily paid had they NOT used these tax shelters. Now, mind you I'm not talking about tax credits, not in and of themselves. Tax credits allow you to take a deduction on money you earned and rightly spent provided certain conditions are met, i.e., energy proof your home by adding an energy efficient appliance or a solar panel, you get a tax credit (or as some would call it, a rebate). Are you now saying that Mitt Romeny was wrong to want to close many of these corporate tax loopholes? Because what this truly amounts to is "corporate welfare" - companies claiming they've generated revenue but all they've really done is take full advantage of the tax code and "claming" profits where in some cases none exist. Think ENRON, WorldCom and the like.

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