or Connect
New Posts  All Forums:

Posts by vvswarup

  I expect that one of the things people will say is that Samsung isn't a US company. 
  I don't get that part at all. Doesn't Apple normally do its events in the Yorba Buena Center or some other local auditorium, like their own campus? Has something changed that I don't know about?
  Why is the US government entitled to one f***ing dime of money earned by companies overseas? At least if it's earned in the US, one could say that they're using US infrastructure so it's fair to pay US taxes. But it was earned overseas. Apple used other countries' infrastructure in order to earn those profits.
Is it fair for a US citizen to have to pay a dime in taxes to the US on income earned overseas? I don't think it is. And if it is unfair to begin with, why is there talk about making companies pay tax on overseas income? Why not make it so that both individuals and corporations pay tax only on income earned in the US?
And is it fair that you get taxed 2-3X? Because if something isn't fair to you, the answer isn't to wish it on someone else. The answer is to make it so that that unfair action is not visited upon you. Maybe there's a way to make it so that you don't have get taxed 2-3X.
I remember reading somewhere that Apple had accrued the amount of tax liability that they would have to pay if they repatriated their overseas cash. Unfortunately, I don't have a source at the moment. I could be wrong.
And is it fair that you get taxed 2-3X? No it's not. But the answer isn't to make others suffer something that's unfair to begin with. The answer should be to figure out a way so you aren't taxed 2-3X.
But I thought the iPad was just a toy! How can it be taking a lead in the enterprise market? I thought business people do REAL work, and we all know the iPad does nothing whatsoever.   I smell something fishy...somebody probably made this all up.  
  That's exactly what I said. Very few corporations pay that rate. But people use the fact that few corporations pay that rate to justify the fact that our taxes aren't really all that high, something that I disagree with.   As I said before, corporations reduce the tax that they actually have to pay after paying lawyers and accountants to come up with a tax strategy. If our marginal tax rate were lower, there wouldn't be as much of an incentive to come up with ways to...
  Your claim about how very few corporations, if not none, pay much less than the marginal tax rate of 35%. But in using this fact to refute a belief that the United States has the largest corporate tax rate in the world and it should be lowered to make our economy more competitive fails to account for a key fact-HOW corporations end up paying that low tax rate. The MARGINAL tax rate represents the tax rate incurred if a company did absolutely nothing at all to lower its...
New Posts  All Forums: