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

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

    Quote Originally Posted by tererun View Post
    Steve jobs marketing is not new or revolutionary. It is the same marketing scheme used by abercrombie or things like luxury car companies. Make a brand name, overcharge for your products, and idiots will pay more for less in an effort to be seen as elite. Everything apple has innovated has been done better and cheaper by others.
    I never said it was new, I said he was amazing at it. Yes I know about the apple fan boys all too well !
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    Are you aware that as American citizens we are subject to global taxation by US law? So how can you support a corporation having greater rights than an individual?



    Quote Originally Posted by OpportunityCost View Post
    Here is the deal, profits made overseas are not taxable unless they are brought into the US in some way. If Apple maintains those funds in overseas subsidiaries, they are only subject to taxes within the country they are made in or sold in. Thats the law. Thats ALWAYS been the law.

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

    Quote Originally Posted by TheDemSocialist View Post
    Yup.. 44 billion bucks! [/FONT][/COLOR] Now this activity isnt "illegal" i certainly believe that it should be.
    Once it actually becomes illegal and Apple continues doing it let me know. Until then it's just good business practices.

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

    I'm all for companies and individuals doing whatever they legally can to retain their money from taxation. Nothing wrong with them doing what any other financially rational individual would do.

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

    Quote Originally Posted by TheDemSocialist View Post
    Why? Because they are avoiding taxes.
    The government makes the tax laws, not Apple. The government is the one that says, do this with your money, and you owe tax on it. Do something else, and you don't. So, now you think they should collect taxes on it anyway? That doesn't make any sense at all.

    Besides, Apple avoided $44 billion? That is a crapload of taxes for any company to be paying, above what they are already paying. If that was the case, we would have to fix that with a big tax cut. We are not here to serve this government, it's the other way around. People on the left need to get that through their collective heads.

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

    Quote Originally Posted by Tigger View Post
    Once it actually becomes illegal and Apple continues doing it let me know. Until then it's just good business practices.
    Not only is it good business practice, they owe it to the shareholders to avoid overpaying taxes.

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

    Quote Originally Posted by TheDemSocialist View Post
    Read more: Senate investigators: Apple sheltered $44 billion from taxes - Tony Romm - POLITICO.com

    Yup.. 44 billion bucks! [/FONT][/COLOR] Now this activity isnt "illegal" i certainly believe that it should be.
    Good for Apple. They still pay seven billion and they just pass that down to us in prices anyway. Lower the corporate tax to zero and they wont have to play these games. Problem solved.

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

    Quote Originally Posted by specklebang View Post
    Are you aware that as American citizens we are subject to global taxation by US law? So how can you support a corporation having greater rights than an individual?
    Those arent rights, those are restrictions. And yes, I support individuals having more restrictions than the organizations or activities they pursue.

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

    Quote Originally Posted by Henrin View Post
    And??
    And Apple benefits tremendously from US government spending. You think they should just get it for free?
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    Re: Senate investigators: Apple sheltered $44 billion from taxes

    It's an interesting perspective and while I certainly don't agree with you I respect your honesty in expressing your feelings that a corporation is more valuable than you are. Since there have been severak ases of severe corporate crime recently in the pharmaceutical and banking industry and they were punished with fines for actions that would have resulted in a life sentence for an individual, I would say that yours is the more accepted opinion.





    Quote Originally Posted by jonny5 View Post
    Those arent rights, those are restrictions. And yes, I support individuals having more restrictions than the organizations or activities they pursue.

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