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zeynep's profile
zeynep tufekci
zeynep tufekci
zeynep tufekci
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@zeynep

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zeynep tufekciVerified account

@zeynep

Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org 

floating in a most peculiar way
theinsight.org
Joined August 2009

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    zeynep tufekci‏Verified account @zeynep 7 Dec 2017

    zeynep tufekci Retweeted Chris Hayes

    Apple's cut of the tax bill is $47 billion? Is it on top of already offshoring their pile of cash? Our rising industry, tech, doesn't pay much in way of taxes, nor does it hire that many people at high wages. That, as much as their impact on the public sphere, is the story.https://twitter.com/chrislhayes/status/938873225781694464 …

    zeynep tufekci added,

    Chris HayesVerified account @chrislhayes
    So the GOP is about to (essentially) write Apple a check for $47 billion while cutting programs for homeless vets? Am I getting this right?
    12:58 PM - 7 Dec 2017
    • 187 Retweets
    • 315 Likes
    • foxgrrl Forks 10x All Summer Mayor McCyber The Circular Ruins Gunter (GU!) Marissa 🇺🇸✡️🍓🌈🌞🌸 Middlemarch Squad Party Force marek
    8 replies 187 retweets 315 likes
      1. zeynep tufekci‏Verified account @zeynep 7 Dec 2017

        zeynep tufekci Retweeted

        If we don't fix the income maldistribution problem, we cannot fix anything else. It doesn't just fuel political crisis, it fuels asset bubbles, reckless venture capital (in tech), gutting funding for infrastructure which fuels political polarization... https://twitter.com/mattcad/status/938878862917857281 …

        zeynep tufekci added,

        This Tweet is unavailable.
        3 replies 27 retweets 68 likes
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      2.  🌳 🍊 🇨🇱‏ @neilkli 7 Dec 2017
        Replying to @zeynep

        right now they can choose to pay $0 if they keep profits offshore or $78 billion if they bring them all back. with the tax bill they have to pay $31 billion no matter what

        1 reply 0 retweets 2 likes
      3.  🌳 🍊 🇨🇱‏ @neilkli 7 Dec 2017
        Replying to @neilkli @zeynep

        so they're either saving $47 billion or paying $31 billion depending on one's perspective

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Paul‏ @PauLinNY 7 Dec 2017
        Replying to @zeynep

        Yep. SV is totally taking and not giving & nobody will stand up to 'em because who can live without iPhones and Facebook?

        0 replies 0 retweets 1 like
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      1. Larry Rosenthal‏ @LarryRosenthal 7 Dec 2017
        Replying to @zeynep

        GE let go 22k... Apple buys AR companies of 6 for 40 million.:)

        0 replies 0 retweets 1 like
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      1. Mako‏ @makomk 7 Dec 2017
        Replying to @zeynep @Pinboard

        Huh? The $47 billion's the difference between what Apple would pay in taxes if they brought their offshore cash onshore, and what they'll have to pay in taxes on those offshore funds under the new tax bill regardless of what they do with them.

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      2. Brothers n Sisters It is Time‏ @runPattirun 7 Dec 2017
        Replying to @runPattirun @zeynep and

        https://www.theguardian.com/business/2012/oct/26/apple-investment-manager-braeburn-capital …

        0 replies 0 retweets 1 like
      3. End of conversation

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