acgmph
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Apple to pay Italy $348M, sign accord to circumvent allegations of unpaid taxes
sog35 said:And the stock is down $6 billion today because of a $300 million fine.
Friken ridiculous. Its time to fire Tim Cook and install a CEO who knows how to deal with Wall Street. -
Why Apple's Transit Maps are rolling out so slowly
nick edinburgh said:"England's National Rail"?? WTF? Can't you get anyone to write with a clue about geography outside Hicksville?
Maybe the author is predicting that Scotland and N. Ireland will leave the UK after Brexit. Still doesn't explain Wales though
Same thing with Holland instead of The Netherlands. There are actually two Hollands (North and South) and confuses the hell outta me when I hear it referenced in the US, makes me think "which Holland are they talking about??"
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Cook, other Apple execs open up on company's future in extensive '60 Minutes' feature
sog35 said:acgmph said:At least I wasn't the only one who thought the thing was a boring Apple PR piece: http://qz.com/578585/every-missed-opportunity-during-the-apple-puff-piece-on-60-minutes/
As for the tax piece, I only have this to say: if a country taxes corporations considerably less than its people, then it's a tax heaven. Ireland does that. So does the Netherlands and other places. In the Netherlands (where I lived and worked) companies that cut deals with the government there to have a PO Box company there (literally, just a PO Box -- like Apple and Facebook do) pay less than 10% tax (usually about 7%). Meanwhile, Dutch residents pay up to 52% tax (yes, you're reading that right). No wonder Europeans are pissed off at these deals and the EU Parliament and Commission are investigating, when the Europeans, and not the corporations that generated these crises are the ones paying for bailouts and failures of their governments to regulate into place these transborder "digital age" and financial services goliaths.
And if you're defending these practices because they have to protect the interest of their shareholders and they paid the legal tax rate, then you're just a tool to them, because none of these companies care about you, they only care about your money. Period. Why people care so much and jump to defend these companies is beyond me. Probably, secretly, you think Apple loves you. They don't. You're just a dollar sign to them. Stop being a tool. Stop having feelings for these companies, you will be disappointed when you find out what you really are to them.
Stop treating Corporations like humans. They are NOT humans.
Corporations make profits and they need to pay taxes.
Corporations pay dividends to shareholders and shareholders need to pay taxes on those dividends.
Shareholders need to pay taxes AGAIN when they sell their shares.
At the end of the day shareholders are paying 60%+ tax rate when you combine the corporate taxes, local taxes, and individual taxes. The DOUBLE taxation of corporations and shareholders is ridiculous. All these tax laws do is make companies move operations and jobs to countries that have fair tax laws unlike the USA and much of western Europe.
I am not defending Apple, on the contrary, I hope they get burned by the EU with a few billion dollars in fines. Read my post again - was referring to people on this forum and others alike that always jump to defend a corporation, which is DUMB.
OT: How's that banishment going? Share price is not even close to $150 -
After citing $53M in personal debt, Kanye West begs fans to subscribe to Tidal
Kanye is a gay fish...
In case you don't remember: https://en.wikipedia.org/wiki/Fishsticks_(South_Park) -
Cook, other Apple execs open up on company's future in extensive '60 Minutes' feature
At least I wasn't the only one who thought the thing was a boring Apple PR piece: http://qz.com/578585/every-missed-opportunity-during-the-apple-puff-piece-on-60-minutes/
As for the tax piece, I only have this to say: if a country taxes corporations considerably less than its people, then it's a tax heaven. Ireland does that. So does the Netherlands and other places. In the Netherlands (where I lived and worked) companies that cut deals with the government there to have a PO Box company there (literally, just a PO Box -- like Apple and Facebook do) pay less than 10% tax (usually about 7%). Meanwhile, Dutch residents pay up to 52% tax (yes, you're reading that right). No wonder Europeans are pissed off at these deals and the EU Parliament and Commission are investigating, when the Europeans, and not the corporations that generated these crises are the ones paying for bailouts and failures of their governments to regulate into place these transborder "digital age" and financial services goliaths.
And if you're defending these practices because they have to protect the interest of their shareholders and they paid the legal tax rate, then you're just a tool to them, because none of these companies care about you, they only care about your money. Period. Why people care so much and jump to defend these companies is beyond me. Probably, secretly, you think Apple loves you. They don't. You're just a dollar sign to them. Stop being a tool. Stop having feelings for these companies, you will be disappointed when you find out what you really are to them.