jimble4599

nolamacguy said:

jimble4599 said:

He's dead right too. The US government has no valid claim on that money. It wasn't earned in the US. The Irish Government's policy is correct. So long as you pay your taxes on what you've actually earned in Ireland by selling to Irish consumers that's the only tax you'll pay as well as your standard corporation tax. What the US government wants Apple to do is to pay VAT and income tax in every country it operates in (which it currently does) and then pay the US government another 40% on that already taxed profit. It's madness. And fringe politicos are taking advantage of the public's lack of understanding of the tax system to politicise it. Even the EU commission is doing it. It's all just dirty politics. What is completely different to what Apple and Google are doing is the type of stuff Starbucks has been known to do which is to actively avoid tax on domestic income. That's different. But not wanting to repatriate your profits because you'll have to give 40% of it away is completely reasonable. It's what any of us would do too, despite the moral high ground certain Bernie Bots might claim.

i was going to +1 you until the nonsense about Bernie Sanders. i havent heard Sanders state his opinion on repatriating. further, Sanders is the only candidate who 1) voted against the wars. 2) voted against the Patriot Act. 3) is opposed to domestic spying. he does support increasing SS and payroll taxes so billionaires dont pay in at the same exact level as i do, and im fine with that because its fair.

I didn't say anything about Bernie Sanders. I respect Bernie Sanders. I think he's a good man. I personally support Hillary because I think she's more likely to actually get things done but that doesn't change my view that he's a good, genuine man. I was referring to many of his supporters. They act as bots on the internet. Literally. They deliberately skew online polls and organise in very effective and often petty ways, spreading half-truths. They're generally younger, more opinionated and more effective online than other candidates' supporters so that's why I specifically referred to them (the bots, not all Sanders supporters). Corporate Taxes are one of their go-to skewings. For the record, both Hillary and Obama support punitive Corporate Tax measures so it doesn't matter much to me what Sander's own views are. I disagree with the Democratic platform on corporate taxes even though I am a democrat.

Daniel you're one of the best writers in tech these days. It's like a breath of fresh air -a journalist who actually writes like a journalist and editors that don't pander or clickbait with a headline. Keep up the good work.

nolamacguy said:

Prof_Peabody said:

Stop the presses!  "Famous Rich Guy Thinks Taxes are Bad!"  

youre reading it wrong. Cook didnt say taxes are bad, and said he's happy for Apple to be the largest tax payer in the US. please cite your claim.

what Cook doesnt want is for Apple to give the feds 40% of the profit from goods they built and sold overseas. i dont see that being different than my US friends who work overseas and dont want to or dont pay US income tax.

He's dead right too. The US government has no valid claim on that money. It wasn't earned in the US. The Irish Government's policy is correct. So long as you pay your taxes on what you've actually earned in Ireland by selling to Irish consumers that's the only tax you'll pay as well as your standard corporation tax. What the US government wants Apple to do is to pay VAT and income tax in every country it operates in (which it currently does) and then pay the US government another 40% on that already taxed profit. It's madness. And fringe politicos are taking advantage of the public's lack of understanding of the tax system to politicise it. Even the EU commission is doing it. It's all just dirty politics. What is completely different to what Apple and Google are doing is the type of stuff Starbucks has been known to do which is to actively avoid tax on domestic income. That's different. But not wanting to repatriate your profits because you'll have to give 40% of it away is completely reasonable. It's what any of us would do too, despite the moral high ground certain Bernie Bots might claim.

Daniel you're one of the best writers in tech these days. It's like a breath of fresh air -a journalist who actually writes like a journalist and editors that don't pander or clickbait with a headline. Keep up the good work.