Originally Posted by AppleInsider After being questioned about its tax practices, Apple has issued a public comment to defend itself, noting that it has more than 47,000 total full-time employees in the U.S. in all 50 states.
Apple should tell them to pound sand.
Besides, the entire premise of the claim is wrong.
Apple's income taxes are only part of the equation. As long as Apple is legally calculating and filing their taxes, no one has any right to complain. But beyond that:
Sales taxes. Apple sells well over $100 B in products a year. Let's assume that the average sales tax rate is 5% (obviously, it's zero in some places, but as high as 17% or more in parts of Europe). That's $5,000,000,000 in sales taxes from selling Apple products.
Then, Apple will be issuing a dividend this year. I'm not going to look up the number, but say it's $20 B. If the average recipient pays 30%, that's another $6,000,000,000 in income taxes.
Add in 30,000 direct employees. When you add income taxes, employment taxes, etc, that's probably close to another $1,000,000,000.
Property taxes? I'm not even going to guess.
Finally, all the indirect jobs created. Apple claims as many as 500,000, so multiple that last figure by 10.
Clearly, the government is getting a lot of tax revenue based on Apple's success. The whiners really need to just shut the heck up. If there's a problem with the tax code, then they should lobby the government to fix it. But singling out one company and chastising them for not paying more taxes than legally required is asinine. And, btw, how about if all the executives at the NYT publish their tax returns and show us how much more tax they paid than they were legally required to.