Just think about it for a minute if this money was already here and that money was tax 32% percent of 252 billion how much would that have been???!! Anyone
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Don't forget local taxes. These tech firms pay virtually nothing. I've lived in Silicon Valley and it's a third world wasteland of shitty schools, potholes, underfunded police, and terrified undocumented immigrants working for slave wages through shady contractors.
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Smart people don't pay taxes. According to that one guy, at least.
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That, and assholes and corporate welfare queens don't pay taxes either.
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Whatever happened to following the spirit of the law rather than hiring accountants and lawyers to manipulate the letter of it?
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Same thing that happened to the spirit of the US Constitution, which is now strictly interpreted as it was when first created by slave owners who didn't allow blacks, Native Americans, poor people, or women to vote.
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It's interpreted loosely or strictly on an as-needed basis. To some, laws are tools for manipulation rather than civility.
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Well said.
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Another way to look at it: Using aggressive tax avoidance practices that have been investigated and criticized by governments on two continents, Apple refused to pay its tax bills until we lowered the rate.
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It's insulting, is what it is. All that tax money could've gone to maintaining the infrastructure but instead it's just in a series of bank accounts
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So...Here's the Gaslighting version, I wonder what's the REAL story that we'll find about tomorrow b/c someone has scruples and shares it?
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Seriously. Once again NYT feeds us a load of bullshit that validates failed right-wing supply side policies.
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The GOP just made it more profitable to bring the money back than to keep it anywhere else, don't be fooled that Apple gives a shit about where they squirrel away all the cash.
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Amen to that.
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Not sure how Trump deserves credit for this; Clinton also would have lowered the rate on repatriated earnings. Except her plan was better b/c it would have devoted part of the $$ to infrastructure spending.
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Apparently
@NYT, which used to be a newspaper of record, now no longer understands how economics works. Either that or they support the Trump administration. I'm canceling my subscription. -
Welcome to the club.
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