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

It the capital gains taxes for corporation on money held there on interest earned. It's not Income Taxes for sales earned in other countries. . . Apple has already PAID the income taxes where they made the sales. Apple is allowed under EU and other national rules to move gains to Ireland after they've paid taxes on their earnings where they earned it. Only the U.S. prohibits such transfers without retaxing it as Income again! Get it through your heads this is POST TAX RETAINED EARNINGS money that other nations want to be able to tax again!

[Swordmaker]

who thinks that is fair?

In the U.S. Apple's income Taxes were the most of any U.S. Corporation, accounting op for one out of every forty dollars of US Corporate Income Tax collected! In the last tax year, Apple's effective Income Tax Rate was 29.6%. That's nothing to sneeze at. . . it is certainly NOT 2%.

[Gen.Blather]

“who thinks that is fair?”

I worked for a company that negotiated a free 100,000 square foot building paid for by taxpayers in exchange for hiring 250 welfare recipients as employees. (Boy, they were happy good quality workers./s) Companies negotiate tax deals every day. What do you think brings California companies to states like Texas?

Taxes are only for the little people.

Chief Justice John Marshall said, “the power to tax is the power to destroy.”

If you want the economy to boom, do away with taxes and, of necessity, trim down our bloated government. Do we really need a federal, state, county and city EPA? (That’s just one local example. There are too many to list.)

[conservatism_IS_compassion]

who thinks that is fair?

Apple. And its shareholders.

Who thinks it is unfair? People who didn’t lift a finger to create Apple products, but presume to critique those who did.

From Theodore Roosevelt's 1910 speech at the Sarbonne:

There is no more unhealthy being, no man less worthy of respect, than he who either really holds, or feigns to hold, an attitude of sneering disbelief toward all that is great and lofty, whether in achievement or in that noble effort which, even if it fails, comes to second achievement. A cynical habit of thought and speech, a readiness to criticise work which the critic himself never tries to perform, an intellectual aloofness which will not accept contact with life's realities - all these are marks, not as the possessor would fain to think, of superiority but of weakness. They mark the men unfit to bear their part painfully in the stern strife of living, who seek, in the affection of contempt for the achievements of others, to hide from others and from themselves in their own weakness. The rôle is easy; there is none easier, save only the rôle of the man who sneers alike at both criticism and performance.

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, who comes short again and again, because there is no effort without error and shortcoming; but who does actually strive to do the deeds; who knows great enthusiasms, the great devotions; who spends himself in a worthy cause; who at the best knows in the end the triumph of high achievement, and who at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who neither know victory nor defeat.

[Lurker]

I do.

L

[jurroppi1]

This happens with all of the med device makers too (I work for one of them). We provide jobs, we get a cut-rate tax scheme.