Should taxes take bigger bite of Apple?

Orange County Register ^ | 5-6-2012 | Mark Landsbaum

[Mark Landsbaum]

Unlike the government (and unlike the New York Times), we come to celebrate Apple, not to bury it.

The Times' recent headline about the Cupertino-based computer company was, "How Apple Sidesteps Billions in Taxes."

A couple of obvious conclusions may be drawn. Either, this is shameful. Or, this is admirable. You can read the Times story and draw your own conclusion about that paper's conclusion. You can find it here.

However, there are a few tell-tale signs that tip the Times' hand. Here's one: . . .

[blackdog]

Should taxes take bigger bite of Apple?

Gee I dunno? Maybe we should find out what their executive secretaries tax rates are first?

[mountainlion]

Apple may have sidestepped some taxes but they did not get billions in Obama money give away.

[MasterGunner01]

The best thing for Apple: leave CA and move to TX.

[null and void]

Ummmm, no.

1. Eliminate ALL corporate tax.
1a. Eliminate ALL depletion allowances and depreciation allowances.
2. Eliminate ALL current IRS regulations.
3. Set the individual tax rate at 10% regardless of income.
3a. Perquisites at taxed at 10% of cost.
3b. Withhold at the rate of 11%, to get a refund you have to file taxes, but there is no legal imperative to file.
4. Tax ALL money coming into the country at 0% (yes, ZERO%).
5. Tax ALL money leaving the country at 10%.

[sappy]

Lets not forget that the former VP of the USA, Alfonse Gore is on the BoD of Apple.

[coon2000]

I like this plan.

[madison10]

They should pay no more, no less than any other corporation.

[Buffalo Head]

No, they should follow the law.

[Swordmaker]

 Should Apple pay more taxes than they are legally required to pay based on the NY Times hit piece article? —PING!

Especially considering the article was basing their argument on the taxes paid in 2011 on 2010 earnings but using 2011's income to calculate the "shockingly low" tax rate, AFTER Apple had doubled its profits. The taxes Apple will pay this year, will reflect those increased earning of 2011, you NY Times dummies!

Apple tax rate Ping!

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[antiRepublicrat]

The best thing for Apple: leave CA and move to TX

At least Apple already has some pretty big operations in Austin.

[kevkrom]

Apple, as a publicly traded company, is obligated to act in the best interests of its shareholders, not whiny NYT reporters.

[MasterGunner01]

Given the attitude of the California politicians to business in general, Apple should pull the plug on Cal-i-for-nia and move operations to Texas.

There are a bunch of Fortune 500 companies in IL mulling the exact same issues after the Donkey Governor's tax hikes on personal income and businesses.

[Mind-numbed Robot]

Lets not forget that the former VP of the USA, Alfonse Gore is on the BoD of Apple.

That is why Apple's stock has been experiencing global warming.

[TheBattman]

Apple “sidesteps” taxes just like millions of law-abiding taxpayers do every year - they take the acceptable and allowable deductions for business expenses and other perfectly legal means of reducing tax burden.

This is no different than any other company, large or small -

After all, Jesus said to “Render to Caesar the things that are Caesar’s...” He didn’t say to render unto Caesar more than is his...

[TheBattman]

But that’s racist (at least that is what the raving Socialist will scream from the rooftops). Remember - Liberal code. In this case:

The Poor = “African-Americans”.

[Larry Lucido]

Still spamming FR, huh?

[Larry Lucido]

However, there are a few tell-tale signs that tip the Times’ hand. Here’s one: . . .

(Excerpt) Read more at ocregister.com ...

---

Here’s one WHAT?????

Stupid blogpimp spammers.

[dfwgator]

If you want even more unemployment, yes.

[null and void]

Exactly! It’s racist to prevent “African-Americans” from having skin in the game!

Everyone, no matter how rich or poor should be allowed to invest in America.