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To: 9YearLurker
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.)

I believe that the claim is that Apple pays 2.5% of the corporate income taxes collected each year. That would be a subset of the total amount of income taxes collected by the treasury each year.

Yes, in either case Apple pays a significant amount of tax to the US government.

87 posted on 05/22/2013 8:04:36 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

That’s probably about right.


96 posted on 05/22/2013 10:02:02 AM PDT by 9YearLurker
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