The more interesting question is why these guys allow corporations to incorporate in tax friendly states like Delaware, or banks to locate in states like South Dakota with no usury laws. Where's the outrage at the state level?
10 U.S. companies paying the least—or no—taxes (marketwatch.com)
General Motors (Automotive)
Bank of America (Banking/Finance)
Ameren Corp (Energy)
DR Horton (Builder)
Originally Posted by ChristophB
Apple is not a U.S. company in another country but a U.S. citizen is still a U.S. citizen when in another country.
Unless I'm missing your point, Apple was incorporated...
If an American citizen earns money overseas, it's taxable in the US.
If an American corporation earns money overseas, it's not taxable in the US until it's moved into US-based accounts.
Seems like there is a discrepancy there somewhere...