[nathanbedford]

Note the bias set up in the European Union scheme, nations are compelled to finance themselves with taxes rather than with growth.

If Ireland can attract businesses which generates jobs by cutting taxes, then why not Poland, one of the few countries in the European Union that even recognizes the scent of capitalism when it wafts by them? If Poland and other nations can cut taxes to generate jobs, the socialists running the European Union see this is a race to the bottom. Reaganite conservatives, supply-siders, would see that as progress on the march toward prosperity.

The European Union socialists want to divide up the pie but free marketeers, Reaganites, conservatives want to make the pie bigger.

[RockyTx]

Apple is so big, that it can negotiate
its own tax rate with countries..

the deal for Ireland is,
give Apple a rate of 2%,
or they go elsewhere.

who thinks that is fair?

[Swordmaker]

The socialist tax and spenders in Europe are not happy with their own tax laws and are wanting to punish Apple for using them to legally minimize their Capital Gains taxes by legally transferring their post income tax retained earning to Ireland where the Capital Gains tax rate is a mere 2% on those invested gains. EU Nations with higher capital Gains taxes are calling foul, claiming Apple should have left those earning where they were earned and invested them from their jurisdiction so THEY could tax them at their much higher rates! After all, they reason, they need Apple's money! So they want to beat up on Ireland for not beating up Apple and other high tech firms who invest from Ireland. — PING!

Apple has too much money,
so let's take it!
Ping!

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