Apple paid 2% in taxes on $36.8B of foreign revenue for fiscal 2012

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  • Reply 81 of 191
    frankiefrankie Posts: 381member

    Quote:

    Originally Posted by ronstark View Post



    Brilliant. This makes it possible for Apple to do what it does.

    Nothing illegal either.

    Applause.


     


     


    Oh yes genius.  We should all applaud not paying taxes.  Personally I feel good investing in my country.  


     


    The only reason it's not illegal is because the rich have bought their way into our government to make it legal.

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  • Reply 82 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by frankie View Post


    Personally I feel good investing in my country.



     


    No one would stop you from "investing in your country." You just want to force everyone else to "invest" as well.

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  • Reply 83 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    You're missing the point. You are assuming that these things cannot or would not be built without money extraction at the point of a gun (taxes). This is not true. Bottom line, almos tall of it could be privatized. Most people using this argument for taxes are basically begging the question.

    And risk being gouged by private companies? I think they learned that lesson the hard way with the railroads.
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  • Reply 84 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    And risk being gouged by private companies?


     


    So private companies "gouge" but the government doesn't? I think you have it exactly backwards. What private companies are "gouging" you right now?


     


     


    Quote:

    Originally Posted by dasanman69 View Post



    I think they learned that lesson the hard way with the railroads.


     


    Really? What lesson did they learn from the railroads? Did they learn that 90% of them weren't actually private but crony capitalist weasels that syphoned off money and privileges and land from the government? That most most of them were well connected to politicians who happily handed over tax-funded rents to these "private" companies? There's only one that I know that was nearly as truly private (and profitable and successful) as can be and that was James J. Hill's Great Northern Railway.

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  • Reply 85 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    You don't get it. Pay attention: They don't pay taxes. It doesn't matter what it looks like, they are not paying the taxes. Period. The customers (that's you and me) are paying those taxes. Raise taxes on corporations, you raise taxes on customers.

    Sure they pay taxes and if increased taxes lead to higher prices then they'll run the risk of their products not being purchased.
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  • Reply 86 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    Sure they pay taxes and if increased taxes lead to higher prices then they'll run the risk of their products not being purchased.


     


    No. They don't. The cost gets passed onto customers one way or another.

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  • Reply 87 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    So private companies "gouge" but the government doesn't? I think you have it exactly backwards. What private companies are "gouging" you right now?



    Really? What lesson did they learn from the railroads? Did they learn that 90% of them weren't actually private but crony capitalist weasels that syphoned off money and privileges and land from the government? That most most of them were well connected to politicians who happily handed over tax-funded rents to these "private" companies? There's only one that I know that was nearly as truly private (and profitable and successful) as can be and that was James J. Hill's Great Northern Railway.

    Halliburton.
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  • Reply 88 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    Halliburton.


     


    You're serious using a corporate crony, government contractor as an argument for government? Surely you can do better than that!

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  • Reply 89 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    No. They don't. The cost gets passed onto customers one way or another.

    Of course they do. Price points are very delicate, Do you think the iPad mini would've sold as well at $349 then at $329? A little $20 difference would've made a big difference in their sales numbers.
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  • Reply 90 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    You're serious using a corporate crony, government contractor as an argument for government? Surely you can do better than that!

    Is it not gouging the government?
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  • Reply 91 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    Of course they do. Price points are very delicate, Do you think the iPad mini would've sold as well at $349 then at $329? A little $20 difference would've made a big difference in their sales numbers.


     


    You're confusing price and cost. The cost of those taxes are borne by the customers of the companies. This is so obvious a first grader could see it.

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  • Reply 92 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    Is it not gouging the government?


     


    Well sorta. It's really using the government to gouge taxpayers. But this is my central point. It is the government and its power to tax (steal) that is being used. Reduce or eliminate that power and Haliburton (et al) has to go out and earn a living by providing valuable products and services to customers that will willingly and voluntarily pay them.

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  • Reply 93 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    You're confusing price and cost. The cost of those taxes are borne by the customers of the companies. This is so obvious a first grader could see it.

    So how does it affect the consumer if it's not reflected in the price?
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  • Reply 94 of 191
    dasanman69dasanman69 Posts: 13,002member
    mj1970 wrote: »
    Well sorta. It's really using the government to gouge taxpayers. But this is my central point. It is the government and its power to tax (steal) that is being used. Reduce or eliminate that power and Haliburton (et al) has to go out and earn a living by providing valuable products and services to customers that will willingly and voluntarily pay them.

    Any gouging of the government is gouging of taxpayers. The government isn't a business and does not produce anything. I'm not a fan of taxes but at the end of the day they are necessary even if somewhat dysfunctional to operate.
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  • Reply 95 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    Any gouging of the government is gouging of taxpayers.


     


    Yes.


     


     


    Quote:

    Originally Posted by dasanman69 View Post



    The government isn't a business and does not produce anything.


     


    Correct.


     


     


    Quote:

    Originally Posted by dasanman69 View Post



    I'm not a fan of taxes but at the end of the day they are necessary even if somewhat dysfunctional to operate.


     


     


    Unproven claim.

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  • Reply 96 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by dasanman69 View Post



    So how does it affect the consumer if it's not reflected in the price?


     


    Service. Quality. Features. Etc.


     


    The customers pay those taxes whether you see, think it, want to admit it or not.

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  • Reply 97 of 191

    Quote:

    Originally Posted by MJ1970 View Post


     


    You don't get it. Pay attention: They don't pay taxes. It doesn't matter what it looks like, they are not paying the taxes. Period. The customers (that's you and me) are paying those taxes. Raise taxes on corporations, you raise taxes on customers.



     


     


    Make it illegal. Problem solved.  Now pay up.


     


    Here's an idea for you.  Why doesn't every person in the country claim themself as a self proprietor business and open offshore accounts in other countries?  Then no one will ever pay taxes.  Sound good?  Probably to you yes.


     


    If the rich have so much money they can buy the gov't, who's job it is to represent you and me and not the corps and rich buying them, then tell me again how that's good?


     


    I am not for 'big government' but I am completely against buying our gov't and I think most of the country would agree. 


     


    Reading your posts I don't seem to understand your points.  I'm guessing you're libertarian?  Tell me how you think taxes and gov't should work.

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  • Reply 98 of 191
    mj1970mj1970 Posts: 9,002member

    Quote:

    Originally Posted by frankie View Post


    Make it illegal. Problem solved.  Now pay up.



     


    Make what illegal?!


     


     


    Quote:

    Originally Posted by frankie View Post


    Here's an idea for you.  Why doesn't every person in the country claim the,sf as a self proprietor business and open offshore accounts in other countries. Then no one will ever pay taxes.  Sound good?  Probably to you yes.



     


    Yes, it does.


     


     


    Quote:

    Originally Posted by frankie View Post


    If the rich have so much money they can buy the gov't, who's job it is to represent you and me and not the corps and rich buying them, then tell me again how that's good?



     


    It's not good. That's why I want a government with much less power and much less power requires and means much lower taxes.


     


     


    Quote:

    Originally Posted by frankie View Post


    I am not for 'big government' but I am completely against buying our gov't and I think most of the country would agree.



     


    And so do I. But as long as the government has power (and more of it) and power to collect more and more money it will attract those who want to use it for their own ends. It's as it always was and always will be.


     


     


    Quote:

    Originally Posted by frankie View Post


    Reading your posts I don't seem to understand your points.  I'm guessing you're libertarian?  Tell me how you think taxes and gov't should work.



     


    Technically I'm an anarchy-capitalist...which is a bit more extreme even than your typical libertarian.


     


    I'd like to see no State and no taxes.

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  • Reply 99 of 191

    Quote:

    Originally Posted by MJ1970 View Post


     


    Make what illegal?!


     


     


     


    Yes, it does.


     


     


     


    It's not good. That's why I want a government with much less power and much less power requires and means much lower taxes.


     


     


     


    And so do I. But as long as the government has power (and more of it) and power to collect more and more money it will attract those who want to use it for their own ends. It's as it always was and always will be.


     


     


     


    Technically I'm an anarchy-capitalist...which is a bit more extreme even than your typical libertarian.


     


    I'd like to see no State and no taxes.



    Interesting.  So tell me how the country would look then.


     


    Out of curiosity, are planning on voting for Gary Johnson? 


     


    Also, since that seems like an extreme version of libertarian, tell me how we would thrive in such a country, as all I can ever see at the end of a libertairan utopia is the rich owing us all.

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  • Reply 100 of 191
    jahonenjahonen Posts: 364member

    Quote:

    Originally Posted by MJ1970 View Post


     


    I assume that you presume a) that's the only way to get those things, and b) that the State does theme best.


     


    ...


     


    Yeah. I'll bet the correlation isn't what you think though.



    Since you seem to be the expert, could you enlighten us wandering in the dark? Or may it be that the correlation isn't what you think? (don't really know since you didn't say)


     


    If you look at Rich's link's original source: (http://latimesblogs.latimes.com/world_now/2012/04/happiness-world-bhutan-meeting-denmark.html?track=icymi) it would seem to correlate with wealth, but that's a very simplistic answer. A telling question: why are the less wealthy nordic nations above the more wealthy U.S. of A?


     


    If you read the actual report, they say "these inter-country differences can be attributed to the same few variables measuring material, social and institutional supports for a good life". Two of those are socialist ideas, only one a capitalist one. You on the other hand seem to advocate that there should be minimal institutional support for a good life and by proxy social as well?


     


    As to the state does best theme: Which country tops the world education system? What kind of schools does it have almost exclusively? Which countries have the best bang for buck in their healthcare? How do they operate?


     


    Government isn't the best at offering all services, but neither is a corporation and a corporation is not even necessarily more efficient for the citizen. Both are needed to be used smartly but the funding almost always comes from the citizens.


     


    Please watch this TED talk. It kind of proves a point if you are willing to look for it: http://www.ted.com/talks/richard_wilkinson.html


     


    P.S. GDP per Capita: Denmark 37kUSD, USA 49kUSD.

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