Did Apple pay 5% or 2% or .005% in Taxes? (companies, cost, dollars)

[It'sAutomatic]

Originally Posted by PedroMartinez

I'd prefer a sales tax based solution.

This creates the exact problem that you said you have with corporate taxes: people with means will make their purchases in places with lower taxes.

[PedroMartinez]

Originally Posted by It'sAutomatic

This creates the exact problem that you said you have with corporate taxes: people with means will make their purchases in places with lower taxes.

I can see them flying to Europe to buy a yacht to save on taxes, but not for the majority of their purchases.

[Colorado^]

Originally Posted by PedroMartinez

Corporate taxes are a fraud. They are a hidden tax with overhead.

We need taxes, but let's get rid of all the hidden taxes and all the crazy schemes.

I'd prefer a sales tax based solution; however, if we have an income tax, let's just do a straight percentage where everyone has a stake in the game and the more you make the more you pay. I'd assume it would be between 15% and 20%.

The trouble with that though, is you end up paying additional tax on money you've saved (and already payed income tax on). Basically it devalues all current investments and savings.

If we were starting over that would be a good system, but changing the rules 1/2 way through is unfair.

[PedroMartinez]

Originally Posted by Colorado^

The trouble with that though, is you end up paying additional tax on money you've saved (and already payed income tax on). Basically it devalues all current investments and savings.

If we were starting over that would be a good system, but changing the rules 1/2 way through is unfair.

We already suffer that every QE.

Sometimes we need to sacrifice for the long game.

[Colorado^]

Originally Posted by PedroMartinez

We already suffer that every QE.

Sometimes we need to sacrifice for the long game.

So you want to punish those that have scrimped and saved their whole life to reach financial independence? Just so those that didn't, don't have to pay as much tax. No thanks.

[Frank DeForrest]

Good for Apple. The less money the state has the better.

[workingclasshero]

Originally Posted by Tampaite

Tax them at the same rate if they make money within the country or offshore. plain and simple just like as individuals we do.

the point is that Corp taxes get a break for taxes paid elsewhere...just like individuals do

are you saying that a corp..like exxon... should have to pay 35% to us, 30% to Germany, 32% to England and 25% to wherever...are you saying they should pay OVER 100% in taxes????.... good way to put those businesses out of business

[pbmaise]

It is odd that Americans living overseas must pay US income taxes on all earnings. But American corporations get to pay zero taxes to America and can pick which country to base overseas operations to make their taxes nearly zero.

[PedroMartinez]

Originally Posted by pbmaise

It is odd that Americans living overseas must pay US income taxes on all earnings. But American corporations get to pay zero taxes to America and can pick which country to base overseas operations to make their taxes nearly zero.

I'm glad you recognize the government's greed.

[thecoalman]

Originally Posted by Tampaite

Am sick of people telling you need to lower corporate taxes,....

Taxing a corporations overseas profits on top of what they may be paying overseas is only further incentive for them to leave the US altogether... If they weren't so high to begin with Apple may be bringing that revenue into the US and using it to invest in their business here, pay dividends etc.