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Old 04-28-2012, 01:24 PM
 
Location: Maryland
18,590 posts, read 17,150,403 times
Reputation: 6371

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Apple the tax cheat founded by Steve Jobs, a liberal hero, pays less taxes on its earnings then the favorite corporate whipping boy of liberals, Wal-Mart.

Wal-Mart is paying its fair share, employing millions of people and keeps food cost low for million more.

Apple produces overpriced gadgets, drives down the price and earnings of the creative class, employs slave like labor but is yet a liberal darling

So what gives liberals? Please explain these contradictions.


Quote:
Apple, for instance, was among the first tech companies to designate overseas salespeople in high-tax countries in a manner that allowed them to sell on behalf of low-tax subsidiaries on other continents, sidestepping income taxes, according to former executives. Apple was a pioneer of an accounting technique known as the “Double Irish With a Dutch Sandwich,” which reduces taxes by routing profits through Irish subsidiaries and the Netherlands and then to the Caribbean. Today, that tactic is used by hundreds of other corporations — some of which directly imitated Apple’s methods, say accountants at those companies.

Without such tactics, Apple’s federal tax bill in the United States most likely would have been $2.4 billion higher last year, according to a recent study by a former Treasury Department economist, Martin A. Sullivan. As it stands, the company paid cash taxes of $3.3 billion around the world on its reported profits of $34.2 billion last year, a tax rate of 9.8 percent. (Apple does not disclose what portion of those payments was in the United States, or what portion is assigned to previous or future years.)

By comparison, Wal-Mart last year paid worldwide cash taxes of $5.9 billion on its booked profits of $24.4 billion, a tax rate of 24 percent, which is about average for non-tech companies.
http://www.nytimes.com/2012/04/29/bu...s.html?_r=1&hp

Last edited by EdwardA; 04-28-2012 at 01:39 PM..
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Old 04-28-2012, 01:30 PM
 
3,493 posts, read 2,567,132 times
Reputation: 2350
Wal Mart pays pathetic wages, destroys communities, overpays the CEO, encourages overconsumption and makes junk that falls apart easily. Apple makes great innovative products that people love. The former gets huge subsidies and only exists because local communities are taxed to subsidize it. The latter increases international trade and drives the market.

Explain to me why any rational conservative would like Wal Mart again?

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Old 04-28-2012, 01:34 PM
 
Location: Portland, Oregon
7,090 posts, read 11,046,464 times
Reputation: 4110
It seems like you've already made your argument, and the argument of the scarecrow in your mind that you have defined as "the liberal position", so why exactly do you need anyone else's input? Seriously, if you have had the debate in your head already and won...there's no reason to ask any real persons opinion.

Be happy to live in your own head and the world can get some peace and quiet.
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Old 04-28-2012, 01:35 PM
 
4,412 posts, read 3,502,633 times
Reputation: 2321
A) Steve Job's was a California raised baby-boomer. His lack of religious leaning was just about the only Liberal thing about him.

B) The government needs to close the loopholes that allow non-bricks and mortar corporations to offshore their profits and not pay their taxes.

C) There are many reasons to dislike Wal-Mart. The fact they pay their taxes is not one of those reasons.

D) Why did you choose to bring the silly and false Conservative/Liberal dichotomy into this? What's the point of that?
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Old 04-28-2012, 01:35 PM
 
9,331 posts, read 7,422,790 times
Reputation: 11586
Quote:
Originally Posted by EdwardA View Post
Apple the tax cheat founded by Steve Jobs, a liberal hero, pays less taxes on its earnings then the favorite corporate whipping boy of liberals, Wal-Mart.

Wal-Mart is paying its fair share, employing millions of people and keeps food cost low for million more.

Apple produces overpriced gadgets, drives down the price and earnigs of the creative class, employs slave like labor but is yet a liberal darling

So what gives liberals? Please explain these contradictions.



http://www.nytimes.com/2012/04/29/bu...s.html?_r=1&hp
Can you explain what that sentence means?
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Old 04-28-2012, 01:40 PM
 
Location: Maryland
18,590 posts, read 17,150,403 times
Reputation: 6371
Quote:
Originally Posted by FinsterRufus View Post
Can you explain what that sentence means?
U.S. Files Antitrust Charges Against Apple, Book Publishers (UPDATE) | TechCrunch
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Old 04-28-2012, 01:44 PM
 
6,743 posts, read 8,535,744 times
Reputation: 1852
Both Walmart and Apple disgust me. But honestly, I'd buy an iPad before I'd set foot in a Walmart. (they are a competitor of mine)
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Old 04-28-2012, 01:44 PM
 
Location: Earth
24,629 posts, read 25,671,817 times
Reputation: 11347
Quote:
Originally Posted by Mr. Mon View Post
A) Steve Job's was a California raised baby-boomer. His lack of religious leaning was just about the only Liberal thing about him.

B) The government needs to close the loopholes that allow non-bricks and mortar corporations to offshore their profits and not pay their taxes.

C) There are many reasons to dislike Wal-Mart. The fact they pay their taxes is not one of those reasons.

D) Why did you choose to bring the silly and false Conservative/Liberal dichotomy into this? What's the point of that?
My response to D), above: It's all he's got.

To the OP: I don't have emotional feelings towards any corporation.
I do boycott some. For example, it's been decades (since the Valdez) that I bought Exxon; I don't buy Nestles, either.
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Old 04-28-2012, 01:48 PM
 
9,331 posts, read 7,422,790 times
Reputation: 11586

Quote:
“Traditional” booksellers like Amazon and Barnes & Noble have stuck to the wholesale pricing model, in which they purchase the rights to a book and set their own price. This often stiffs the publishers as the retailers turn bestsellers into loss leaders, causing them to be undervalued in the publisher’s view. But with Apple, the big five can price books how they see fit. Both sides can be effectively argued as pro-consumer.
Actually, this is better for the "creative class" - it stops the stores from selling the books at a loss, which undervalues the books - so you can argue whether you think it's fair that Apple and the publishers collude on prices, but I don't think it's going to have a negative effect on the actual creatives.

It's the same thing that happened with the record labels and iTunes.
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Old 04-28-2012, 01:48 PM
 
7,237 posts, read 11,344,035 times
Reputation: 5593
Quote:
Originally Posted by Mr. Mon View Post
A) Steve Job's was a California raised baby-boomer. His lack of religious leaning was just about the only Liberal thing about him.

B) The government needs to close the loopholes that allow non-bricks and mortar corporations to offshore their profits and not pay their taxes.

C) There are many reasons to dislike Wal-Mart. The fact they pay their taxes is not one of those reasons.

D) Why did you choose to bring the silly and false Conservative/Liberal dichotomy into this? What's the point of that?
Very well stated.

TRUE liberals hate Apple just as much as Wal-Mart, despite popular belief amongst conservatives.
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