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To: dila813

It’s not Apple’s fault — they’re just doing what they have to do, to avoid the consequences of a very bad tax law. Fix the U.S. tax code, and you’ll see the end of these problems.

The U.S. tax on foreign corporate earnings is driving head offices overseas. More here:

http://www.ibm.com/ibm/governmentalprograms/pdf/hufbauer-on-us-internationa-tax-peterson-institute.pdf


4 posted on 04/29/2014 2:01:47 PM PDT by USFRIENDINVICTORIA
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To: USFRIENDINVICTORIA
Fix the U.S. tax code, and you’ll see the end of these problems.

It is unfixable. It needs to be done away with and replaced with the fair tax or flat tax.

Kill it, bury it, and never let it be seen again!

6 posted on 04/29/2014 2:26:22 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: USFRIENDINVICTORIA

Pfizer is buying AstraZenica and moving its corp HQ to Britain for similar reasons.

http://online.wsj.com/news/articles/SB10001424052702304163604579530162313579896?mg=reno64-wsj&url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702304163604579530162313579896.html

Any big business that can’t get a “waiver” from the Dems is looking at similar strategy.


9 posted on 04/29/2014 3:47:47 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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