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To: 9YearLurker

From Rush Limbaugh: “Apple paid $6 billion last year to the US Treasury. To put that in perspective, that’s $16 million a day Apple paid in taxes. Apple pays 2.5% of all income tax collected by the US Treasury.”

The point is that politicians do not like facts that might interfere with their preconceived notions. Facts that might put the issue in perspective.


84 posted on 05/22/2013 7:35:40 AM PDT by olezip (<i>On Tuesday, KY Sen. Rand Paul launched a spirited defense of Apple, whose tax strategies were sub)
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To: olezip

Yes, $6B comes out to roughly $16M per day, but $6B is not 2.5% of the $1.5T in income taxes that the treasury collects each year, it is less than half a percent thereof. (Still significant, of course, nonetheless.)


85 posted on 05/22/2013 7:51:21 AM PDT by 9YearLurker
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To: olezip
->Apple paid $6 billion last year to the US Treasury. To put that in perspective, that’s $16 million a day Apple paid in taxes. Apple pays 2.5% of all income tax collected by the US Treasury.”

If this is so, it proves McCain is being a true democrat. He is usually on the wrong end of most issues.

95 posted on 05/22/2013 9:45:19 AM PDT by Christie at the beach
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