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To: nickcarraway
Few seem to care that West Coast conglomerates such as Amazon, Apple, Google and Starbucks filtered hundreds of billions in global profits through tax havens such as Bermuda, shorting the United States billions of dollars in income taxes.

Poorly researched and false to fact article. Apple, for example, has zero presence in Bermuda or other "tax havens," and in fact pays its income taxes in the United States, with an average ~27.5% effective tax rate on its world wide profits. In some years, Apple has been the single largest payer of US Income Taxes. . . In 2012, for example, Apple paid $1 out of every $40 of business income taxes paid that year!

Why post an article from an anti capitalist viewpoint on Freerepublic, especially one that distorts facts?

7 posted on 08/17/2017 10:48:01 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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To: Swordmaker

To be blunt, if these companies and their top executives are going to be engaging in liberal politics and attacking conservatives, then they don’t GET to hide behind the cloak of “capitalism” anymore. This is a zero-sum game; they should have the antitrust enforcers sicced on them and face political consequences for their actions.


11 posted on 08/17/2017 11:18:37 PM PDT by seacapn
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To: Swordmaker
Panama Papers Leak Update: Apple, Microsoft, Walmart Hiding Trillions In Tax Haven?
12 posted on 08/17/2017 11:21:42 PM PDT by Fedora
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