good for them.
They already have to deal with the highest federal taxes in the civilized world.
Liberals talk a good game-- until it comes to their own money.
They observe incentives, then respond to those incentives.
ONLY bureaucrats are shocked by that —even kids running a Lemonaide stand learn this in one day.
The Slimes just couldn’t bring themselves to say “Legally Avoids” rather than “sidesteps”.Next we’ll find the government prevent Boeing from building a plant in....SOUTH CAROLINA!
Can it be that leftie hypocrisy exists?
Jealousy reins at the NYT, where no one working there could qualify to be an Apple janitor.
Where’s Congress and their rabid calls for a “windfall profits tax?” I’d say Apple warrants a communist tactic like this FAR more than oil companies do. Much higher profit margin.
Put it this way: everything we do outside California (living, working, running a business, investing) deprives California of the ability to tax us. In a sense we are all guilty of whatever problems California has because of their state revenue shortfall.
Good idea for avoiding government theft.
Having stood at an Apple bar, I can tell you that their business model is the bomb.
Excellent planning, Apple. Very smart. Your success makes me proud to be your customer.
The New York TImes, by instructive contrast, is located in New York City, all the better to bring about its bankruptcy more expeditiously as its, its employees, its advertisers, and its readership’s disposable income shrinks away with each passing day.
Tick tock
I would rather a corporation limit it’s taxes than take a bailout from an ever-expanding government with an insatiable appetite for taxes.
Good article. Thanks. Apple does what most companies and individuals will try do, reduce the taxes they pay.
Kali’s tax structure vs Nevada’s tax structure.....
one of the many reasons I left Kali more than two
decades ago. A geologically spectacular state that
is climatalogically close to heaven on earth.....and it
is socially and politically the most retarded, retrograde
insane state imaginable. What a shame, what a waste of
an incredible region.
maybe they should read Laffer...I’m pretty sure that, the state government in California doesn’t mind Apple not paying their taxes in the state, since, Apple is officially situated in the state, and it has thousands of employees from which the state does collect taxes. It’s very likely a mutual agreement, where Apple keeps operations in the state with thousands of taxpaying employees (with pretty good salaries), and the state gets a huge public relations coup by having the biggest market cap company in the world situated in the state. So, I’m not sure that the state feels robbed in any way.
Besides, taxing Apple would create an incentive for Apple to move elsewhere, and that would mean a lot less people from whom to extract taxes. California needs all the help they can get, and Apple is a goose with golden eggs.