- Joined
- Mar 2, 2013
- Messages
- 24,391
- Reaction score
- 8,241
- Location
- Northern New Jersey
- Gender
- Male
- Political Leaning
- Conservative
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.
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.