Apple doing its part to short California of tax revenue (Cupertino: college, wages)

[yeahthatguy]

NYT: Apple's savings show tax code's failings - Business - US business - The New York Times - msnbc.com

The most prided tech company in California doing its part to shortchange California of tax revenue .. So, lets see .. All of its manufacturing is overseas .. F*** you America .. Tax loopholes out the wazoo .. etc ... but hey, a couple of privileged people in Cupertino make top dollar... Oh and shareholders too

Build it .. They come .. don't tax the corps. tax the workers to death.
Free market .. *cheers

[jw2]

Since you are smarter than everyone in California and have stated you could have a more successful life in Orlando, why haven't you moved? Don't worry, you can still malign California once you left, many do.

[EscapeCalifornia]

And all the anti-corporate iSheep idolize this company.

[cb73]

I remember watching all the Occupy people protesting the evils of corporations and big business, then pull out their iPhones. Apple has more money offshore than any other business (although I think GE has a lot, but GE also has a number of manufactoring companies still in the US).

Per their latest analyst report, they are sitting on $110 billion, most being held offshore, and their total revenue last quarter was $39 billion.

To be realistic, if those 700,000 jobs were in the US, and I'm sure SEIU would be involved, after paying wages and benefits, those iPhones would be 4 or 5 times whatever they cost now. Business decision, but we lose on jobs and we lose on taxes.

[yeahthatguy]

Originally Posted by jw2

Since you are smarter than everyone in California and have stated you could have a more successful life in Orlando, why haven't you moved? Don't worry, you can still malign California once you left, many do.

Lol? Since you stalk me so much, you'd know the date is already set ... Later this year. Plan on doing a nice cross country trip :-D. I'll pass the 'keep it real' batton when i leave.. I'm sure the usuals will continue to stalk and bash on anyone who talks about california's issues far after i leave and stop posting. Any comments on the article?

[ambient]

Apple is merely following the mandate of all corporations: maximize net free cash flow per share. That means consistently maximizing revenue and minimizing expenses - of which taxes are obviously a portion. That's all part of market efficiency. The fault ultimately lies with the US government if the tax code is so riddled with loopholes and corrupt exceptions that unfair inequalities result in corporate tax rates. The extensive mess that is the US tax code is a product of leadership failure by generations of lawmakers.

[nullgeo]

Originally Posted by yeahthatguy

Lol? Since you stalk me so much, you'd know the date is already set ... Later this year. Plan on doing a nice cross country trip :-D. I'll pass the 'keep it real' batton when i leave.. I'm sure the usuals will continue to stalk and bash on anyone who talks about california's issues far after i leave and stop posting. Any comments on the article?

You should be so important to be stalkable.

We just can't get away from your Hare Krishna chanting about how the world will finally be realized when all the "idiots, stupids, jack wagons, morons, etcetcetc, come to follow the visions of a 26-year-old wunderkind 3 years out of college classes that taught him how to evaluate life through endless charts and graphs.

[yeahthatguy]

No comments on the article per usual .. And more redirection . I love my fans.. They are such a colorful bunch

[Fargobound]

I can't blame them for working a broken system.

[AllenSJC]

Originally Posted by EscapeCalifornia

And all the anti-corporate iSheep idolize this company.

I don't (though I wouldn't really call myself "anti-corporate." They have their good points and their bad points, like most anything).