<div class="quote-container" data-huddler-embed="/t/187796/apple-issues-first-australian-bond-raises-more-than-au-1-2b#post_2763788" data-huddler-embed-placeholder="false"><span>Quote:</span><div class="quote-block">Originally Posted by <strong>justbobf</strong> <a href="/t/187796/apple-issues-first-australian-bond-raises-more-than-au-1-2b#post_2763788"><img src="/img/forum/go_quote.gif" class="inlineimg" alt="View Post"/></a><br/><br/>I really dislike the length Apple goes through to avoid paying taxes. I generally like Apple, but not when it comes to these shenanigans.</div></div><p> </p>maybe the ones you should be pissed at is our government officials that keep these loopholes open. if they're not being sued by any governments, they're probably staying within the law.
apple can certainly afford to do this. the reason these loopholes exist are for all the other 1%'ers that have our lawmakers and other government officials in their pockets looking out for their best interests.
Frankly, I've never understood this "1%" hatred and envy. Who the heck wants to be a "99%-er"? The majority are powerless and losers! ????
Every Apple employee and Apple product purchase generates tax receipts. And Apple does pay some taxes. From the general overall tax generation revenue point of view, better to have 50 Apple type companies than 50 GE type companies.
But the politicians don't want to change the laws because they themselves are taking advantage of the SAME LOOPHOLES as Apple.
Yes, the politicians express moral outrage at companies using the loopholes, but as you have said, they refuse to close those loopholes because they, their families and friends use them
Tax evasion is illegal
Tax avoidance is state approved
Only the little person can't do the latter, and is pursued if they owe a penny. Meanwhile the rich and corporations can do anything they want because they can afford the lawyers and accountants to reduce their taxes
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Frankly, I've never understood this "1%" hatred and envy. Who the heck wants to be a "99%-er"? The majority are powerless and losers! ????
Every Apple employee and Apple product purchase generates tax receipts. And Apple does pay some taxes. From the general overall tax generation revenue point of view, better to have 50 Apple type companies than 50 GE type companies.
Stop crying like a baby.
Change the damn laws or STFU.
But the politicians don't want to change the laws because they themselves are taking advantage of the SAME LOOPHOLES as Apple.
Yes, the politicians express moral outrage at companies using the loopholes, but as you have said, they refuse to close those loopholes because they, their families and friends use them
Tax evasion is illegal
Tax avoidance is state approved
Only the little person can't do the latter, and is pursued if they owe a penny. Meanwhile the rich and corporations can do anything they want because they can afford the lawyers and accountants to reduce their taxes
The culprit here is the gov with exceptionally high and uncompetitive corporate tax rates.
Also... the very lawmakers who write the tax code, create the loopholes.
Tax avoidance is illegal.
What Apple is doing is legal... they are simply following the the tax code.
Tax evasion is illegal. Apple do not appear to be doing this.