[SES1066]

This being the Guardian Newspaper (UK's NYT only more!) the article is definitely slanted left. One howler is this quote attributed to a progressive lobby org;
Apple pays a 2.3% effective tax rate on its $181bn in cash held offshore, according to Citizens for Tax Justice, a not-for-profit research group focusing on tax policy.

How's that, Apple pays tax on money held overseas. Wow, what a crime!

[BenLurkin]

The city forgot to make that a requirement of issuing permits to build?

Oops.

[SES1066]

Nothing is mentioned about payrolls that are taxed, and other revenue generated by Apple in the local area. I remember seeing the video of Steve Jobs, in one of his last public appearances, appearing before the Cupertino council to get approval for this new building and getting push from these politicos for free WiFi and other benefits.

[djpg]

If they are being abused, they should have no complaint if Apple moves elsewhere.

[Jubal Harshaw]

Steve Jobs hisself addressed just some of the benefits Apple’s very presence in Cupertino brings to the city residents, starting at 11:12 in this video:

https://www.youtube.com/watch?v=Nf6C5Uc3ix4

Seriously, those benefits are HUGE already!

[DannyTN]

It’s Apple’s right to try to minimize taxes.

It’s the city’s right to impose taxes in whatever way they can to meet their obligations.

It’s Apple’s right to locate their manufacturing overseas to take advantage of cheap labor in communist countries.

It’s America’s right to impose an import tariff or even ban their products.

[Nifster]

Good old lefty officials don’t seem to get it. The farming town of Cupertino would be dirt roads and agriculture if it weren’t for the tech companies that helped it grow.

The people complaining are typically engineers (these dos mostly from India) who earn a reasonably great living (ask any other American) and have a very cush life.

I have n empathy for their niggling complaints

[Buckeye McFrog]

EVERY corporation abuses local government for some sort of freebie in the form of infrastructure or other support.

Pro sports teams are at the top of the list.

[Organic Panic]

Did the city get the required system development fees and infrastructure fees required? Any large building like that is going to have to pay for new traffic infrastructure, sewer, electricity, water, utilities, fire department, police department, and all other impact fees. If the council of Cupertino was too dumb to realize this by ‘shiny’ things apple was going to build they have no one to fault but themselves. But I doubt this is the case. As with most large businesses they will get tax incentives and the city more than makes up for it by a new tax base brought in. Although...I have a feeling it will be H1B visas who send all their money back home to India and China.

[Snickering Hound]

Apple now has a $300 million campus northwest of Austin, Texas...

[ArcadeQuarters]

The new Apple headquarters there looks about as big as a football stadium. Thousands of employees will be paying taxes to a town of only 60,000 residents. It’s never enough though. If governments could enforce a 100% tax rate, they would.

[Libertynotfree]

Mayor is an idiot. I am not saying the taxes policy is right or wrong. If a corporation has a manufacturing plant and doing business in other country, the company only requires to pay taxes in other country. If you don’t like it, let President Trump fixes it, all you have to do is voting him on national presidential race.

[Swordmaker]

Liberal Mayor of Cupertino complaining that its largest taxpayer and employer, Apple, isn't paying taxes. Say what? Just four years ago when Steve Jobs made the presentation for the new headquarters to the Mayor and City Council they were praising Apple as a good corporate citizen of Cupertino and talked about the taxes Apple paid into the city coffers. Jobs even mentioned that many, if not most of the Apple employees lived in the area and actually bicycled to work because they lived so close, and that more would be likely to live and buy and pay taxes in Cupertino when the new headquarters was finished. — PING!

Liberal Mayor of Cupertino Complains Apple Is
Not Paying Enough Local Taxes
Ping!

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[Swordmaker]

How's that, Apple pays tax on money held overseas. Wow, what a crime!

However, they have ALREADY paid income taxes on that "held" money. What they are talking about is money invested and the Capital Gains taxes they are now earning on it. . . which where they are earning it in Ireland is paid only on the profits it makes. NOT on the total amount held. Idiots. They want a a share of the entire pot.

They are not talking about the Income taxes on the sales made on products sold. This is the shell game they are playing with the public. Apple's effective tax rate is actually 27.9%.

[TheBattman]

Typical hyper-liberals - no revenue stream is ever big enough for their liberal taste or spending habits. Apple has likely contributed more to that city than any other entity ever... But hey... they have already spent a fortune building the new building - too late for Apple to back out now, so lets go for blood... Sad

[AFreeBird]

Yea, and if they want to repatriate it; it will cost them a boat load more. Why do you think they feel it’s easier, and cheaper, to borrow money locally, than it is to use their own money?

Because government is stupid.