The Verge
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- 205 comments
EC8CH
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Recommended B_Sack's comment in New US Energy Secretary says natural gas gives us 'more time' to develop renewable power
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dose eyebrows
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“below the line”
Describes it perfectly me thinks
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ONE more time!
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Of coarse it’s a good thing….
so long as it plays Duck Hunt.
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Because then at least we’d be assured the wealthy are paying at least the same effective tax rate as us and not less by leveraging loopholes like carried interest.
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No.
One is moral because it has a defined benefit to society and reduces the dependence on less efficient government programs.
The other is immoral because it’s benefit is not shared by society and serves only to further enrich the individual or company.
Perhaps the government should stop trying to influence society through the tax code and eliminate deductions all together. At least it would be more likely that the effective tax rates would remain progressive.
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Then it should be the EU and those other regions holding the hearings because that is the practice I find the most unsettling.
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Let’s talk percentages and effective tax rates.
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Really? That is interesting.
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True, but sadly it would probably be an improvement over the current situation.
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The Irish subsidiary owns the IP rights and collects that portion of the profits for devices sold all over the world…. not just in Ireland.
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Recommended greatestNothing's comment in Senators blast Apple in hearing for keeping most profits overseas
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I should also point out that the 401k deduction was originally created as a tax shelter for the wealthy as well.
Only later was it used as a way to replace pensions.
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That example allows middle class citizens to deduct a few thousand for the purpose of building retirement savings in order to be less of a burden of the social welfare system in their old age.
What Apple and other Multinationals do allows them to shelter Billions for the purpose of…..
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Yes but playing the system someone else paid for makes you look just as douchy.
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Profits they funneled to Ireland to avoid paying those taxes in the first place.
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They paid for the rules created by Congress
there I fixed it.
(by “they” I mean corporate lobbying in general, not just Apple)
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Recommended Frozendarkness's comment in Apple denies avoiding taxes, calls for reform in Senate testimony
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Seems to me the “spirit” of american tax law is tax avoidance.
So yeah… spirit of the law covered.
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I’ll just pay money for it.
Thanks Daft Punk.
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DBsynch essentially just threw words into a comment and said nothing insightful.
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So free cloud storage for 20,000 of you’re own songs seamless intermixed with Google’s entire catalog for $10 ($8) per month is me too?
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Recommended mrsbelpit's comment in How Google beat Apple to a streaming music service
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Apple has more of an interest in protecting hardware sales by walling in their services, so I think you’re probably right.
