Posted on 04/30/2012 12:05:13 PM PDT by Mark Landsbaum
he New York Times disapprovingly writes that Apple avoids billions of dollars in taxes each year.
And this is a bad thing?
The New York Times reported Apple “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%. . . .
(Excerpt) Read more at orangepunch.ocregister.com ...
I am not an Apple fan, by any stretch of the imagination, and there are a lot of things I hold against them.
However, Apple have my admiration for being able to avoid paying confiscatory American taxes, IF and ONLY IF they are not donating money to politicians who want to tax me into penury.
If I have the SLIGHTEST indication that they are promoting pro-tax politicians, I will have yet another reason to despise Apple.
Good....Starve the Beast!
Avoid or delay paying taxes.
I learned this long ago;
The Power of Money Dynamics [Hardcover]
Venita Van Caspel (Author)
http://www.amazon.com/Power-Money-Dynamics-Venita-Caspel/dp/B000KA6GVC/ref=pd_sim_sbs_b_1
Oh No Apple pays less in Taxes than Warren Buffet’s secretary.
Oh No Apple pays less in Taxes than Warren Buffet’s secretary.
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