[QUOTE=cholla;2632525]Just remember any corporate tax is in the end is a consumer tax . They pass it on as cost like any other cost they have. So the higher the corporate tax is the more we pay.[/QUOTE]
But apple isn’t paying the due tax, due to loopholes, therefore affording them to lower their prices and providing an unfair advantage over other companies that are doing the right thing.
[QUOTE=UTR;2632543]They should pay what the law requires. If the law lets them minimize their tax liability through legal means then they should do it. I take every deduction I am allowed as does almost everyone else. I don’t see where I can demand more of Apple than I demand of myself.
IMO, the best solution is for the government to stop wasting the money they receive and lower everyone’s taxes. The US government is at the point it takes so much from the private sector and regulates so much that we are all suffering though slow economic growth and anemic job creation. If we don’t lower corporate taxes then we will see even more jobs leave the country as there are more business friendly countries to operate from.[/QUOTE]
Actually, you should. If every person in the USA had the means to avoid paying huge chunks of their taxes through some vague, convoluted, loophole that required many hours/days for teams of lawyers to figure out, the government would go broke.
If you did it, they’d close the loophole and throw you in gaol, or at least start making you pay your proper taxes.
If Apple paid it’s taxes, the US government could actually afford a proper medical system, and you’d all have free (basic) medical cover, and the insurance companies wouldn’t be taking you all for a ride …
At any rate … you are deluding yourself if you think that lowering taxes will result in lots of companies happily re-establishing in the USA if taxes were lower … assuming that a company is making 30% profit, a product costs 30%, labour costs the other 40% … and China or third world countries can slash the labour cost by 90% …
Apple moved production overseas … that’s the training ground for future scientists/engineers that are designing the products.
Apple is already moving overseas, if not now, in the next 10 years … because that’s where the engineers and scientists are (will be). Arguing in Apples favor because of good ole US patriotism to US companies, is just giving into Apple’s good ole patriot-washing, and it’s just pure folly.