Comments (14) (Please sign in to comment)

1. 

   cjr53 said, 1 day ago

   It’s pick on Apple time. When will it be pick on GE, Exxon-Mobil, and all the other HUGE corporations that take advantage of what America provides to all from the tax dollars collected from the middle class and poor?
2. 

   mdavis4183 said, 1 day ago

   That solitary coin is more than the government deserves.
3. 

   dtroutma said, 1 day ago

   And MItt’s bank accounts were where???
4. 

   ansonia said, about 21 hours ago

   @dtroutma

   What does that have to do with Apple? ?
5. 

   Harleyquinn said, about 20 hours ago

   If it was GM or GE the slots just do not pay out. Apple paid 6 BILLION! that is NOT chump change! So what is a liberals view? Punish them by Taxing them more? I tell you what you should do, stop charging a lot less than 35% to repatriate the money they do make outside our borders. Then maybe they would be more inclined to invest in the USA.
6. 

   Harleyquinn said, about 20 hours ago

   @cjr53

   Hey Apple did not have sweetheart deal to instal power stations for the Volt in the middle east. Glad we had money for that…
7. 

   Libertarian1 said, about 14 hours ago

   Before any liberals out there bash Apple allow me to ask you personally one question. Last April 15 did you take even one penny deduction for interest you paid on your home, or a child deduction or a health expense deduction etc etc If you did then you did exactly what Apple did. They simply obeyed the tax law as written by Congress and signed by the President. They took legal deductions exactly the same as you. Why fault them for obeying the law? Even the liberal Senators had to admit they did nothing wrong.
8. 

   SavannahJim said, about 9 hours ago

   So, just don’t pay taxes? Isn’t that how this whole thing started? How do you think the Bridge at Concord was paid for? You can’t have it both ways. A First-World Nation with no capital becomes a third-world country with no Capitol.
9. 

   echoraven said, about 9 hours ago

   @Libertarian1

   You know what’s wrong with libertarians? You have no Kool Aid to drink and you think. Next thing you know you’ll be spouting something smart like a flat tax.
10. 

    disgustedtaxpayer said, about 7 hours ago

    I watched Dem.Sen.Carl Levin use his committee hearing to browbeat and taunt the Apple Inc. top 3 leaders (hostages forced to appear and “answer Qs”) and continuously repeat his warped view of Apple’s tax situation as “cheating” and “causing a lack of revenue” for the US congress to spend!

    -
    What is astounding, is that Apple Inc. pays every cent legally owed to the US treasury.
    They obey the Tax Laws that Hypocrite Carl Levin has been writing for decades! Levin and the other Democrats seem to believe that every penny earned belongs #1 to the Feds.
    -
    There is no limit as to how low Liberals in Congress can sink, IMO
    -
    P.S. it would be interesting, IMO, to learn how much political donations Apple Inc. executives have given Levin and other Democrats over the years!
11. 

    d_legendary1 said, about 1 hour ago

    @Harleyquinn

    GM and GE lived on corporate welfare which I thought you were for (you vigoruosly defend oil companies for their subsidies). Apple basically used tax loopholes to avoid paying $44 billion dollars in taxes from 2009 to 2012. They paid $6 billion? Big Whoop!
12. 

    ChukLitl said, 41 minutes ago

    Apple is not at fault here. Generations of politicians who wrote the tax laws are.
13. 

    d_legendary1 said, 36 minutes ago

    @Libertarian1

    There’s a difference between itemized deductions and moving parts of your operation to foreign countries to avoid paying U.S. taxes.
14. 

    Libertarian1 said, 14 minutes ago

    @d_legendary1

    In previous posts you have shown yourself to be articulate and knowledgeable. Therefore I will take the time to answer your question.

    The US is the only western country not to use the “territorial” system for corporate taxes. That means everywhere else in the world the country only taxes profits made in that country. That translates to mean: based in Ireland pay taxes on profits made in Ireland and Ireland alone. Profits made elsewhere have no impact on Irish taxes. Same with every other country in the world, France, Germany, England etc. except the US. We tax profits made everywhere and anywhere in the world.

    Think of the consequences of this law. You are the President of Apple (etc). If you choose to be incorporated in the US, as your home country, taxes owed on profits made everywhere, if you choose to be incorporated elsewhere no taxes. So as everyone realizes all the big US corporations would move their homes to Ireland, Germany, France, England etc. To prevent that congress both Democrats and Republicans, passed a law. If you keep your profits made outside the US in that country you will owe no taxes on them unless you bring them back into the US. that is the law and that is exactly what Apple did. They obeyed the law and kept billions in profits in the countries where those profits were made. It made profits all over the world and kept them there. If you insist that, we the only western country to do this, tax those profits be prepared to say goodbye to all our major corporations as they move offshore.

    Your choice is A) to join the rest of the world and only tax American profits B) continue the don’t tax until money repatriated or C) goodbye corporations. Your decision.
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