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Should taxes take bigger bite of Apple?
Orange County Register ^ | 5-6-2012 | Mark Landsbaum

Posted on 05/06/2012 12:57:18 PM PDT by Mark Landsbaum

Unlike the government (and unlike the New York Times), we come to celebrate Apple, not to bury it.

The Times' recent headline about the Cupertino-based computer company was, "How Apple Sidesteps Billions in Taxes."

A couple of obvious conclusions may be drawn. Either, this is shameful. Or, this is admirable. You can read the Times story and draw your own conclusion about that paper's conclusion. You can find it here.

However, there are a few tell-tale signs that tip the Times' hand. Here's one: . . .

(Excerpt) Read more at ocregister.com ...


TOPICS: Business/Economy; Education; Government; Politics
KEYWORDS: apple; buffett; california; newyork; newyorkslimes; newyorktimes; taxes

1 posted on 05/06/2012 12:57:29 PM PDT by Mark Landsbaum
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To: Mark Landsbaum
Should taxes take bigger bite of Apple?

Gee I dunno? Maybe we should find out what their executive secretaries tax rates are first?

2 posted on 05/06/2012 1:01:37 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: Mark Landsbaum
Apple may have sidestepped some taxes but they did not get billions in Obama money give away.
3 posted on 05/06/2012 1:03:24 PM PDT by mountainlion (I am voting for Sarah after getting screwed again by the DC Thugs.)
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To: Mark Landsbaum

The best thing for Apple: leave CA and move to TX.


4 posted on 05/06/2012 1:31:07 PM PDT by MasterGunner01 (11)
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To: Mark Landsbaum
Ummmm, no.

1. Eliminate ALL corporate tax.
1a. Eliminate ALL depletion allowances and depreciation allowances.
2. Eliminate ALL current IRS regulations.
3. Set the individual tax rate at 10% regardless of income.
3a. Perquisites at taxed at 10% of cost.
3b. Withhold at the rate of 11%, to get a refund you have to file taxes, but there is no legal imperative to file.
4. Tax ALL money coming into the country at 0% (yes, ZERO%).
5. Tax ALL money leaving the country at 10%.

5 posted on 05/06/2012 1:36:06 PM PDT by null and void (Day 1202 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
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To: Mark Landsbaum

Lets not forget that the former VP of the USA, Alfonse Gore is on the BoD of Apple.


6 posted on 05/06/2012 2:06:19 PM PDT by sappy (criminaldems)
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To: null and void

I like this plan.


7 posted on 05/06/2012 2:17:39 PM PDT by coon2000 (Give me Liberty or give me death!)
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To: Mark Landsbaum

They should pay no more, no less than any other corporation.


8 posted on 05/06/2012 3:41:20 PM PDT by madison10 (The tree of liberty must be refreshed from time to time with the blood of patriots & tyrants. TJ)
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To: madison10

No, they should follow the law.


9 posted on 05/06/2012 7:49:51 PM PDT by Buffalo Head (Illigitimi non carborundum)
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To: Mark Landsbaum; ~Kim4VRWC's~; 1234; Abundy; Action-America; acoulterfan; AFreeBird; Airwinger; ...
 Should Apple pay more taxes than they are legally required to pay based on the NY Times hit piece article? —PING!

Especially considering the article was basing their argument on the taxes paid in 2011 on 2010 earnings but using 2011's income to calculate the "shockingly low" tax rate, AFTER Apple had doubled its profits. The taxes Apple will pay this year, will reflect those increased earning of 2011, you NY Times dummies!


Apple tax rate Ping!

Please, No Flame Wars!
Discuss technical issues, software, and hardware.
Don't attack people!
Don't respond to the Anti-Apple Thread Trolls!
PLEASE IGNORE THEM!!!

If you want on or off the Mac Ping List, Freepmail me.

10 posted on 05/06/2012 9:22:41 PM PDT by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue...)
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To: MasterGunner01
The best thing for Apple: leave CA and move to TX

At least Apple already has some pretty big operations in Austin.

11 posted on 05/06/2012 9:59:49 PM PDT by antiRepublicrat
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To: Mark Landsbaum

Apple, as a publicly traded company, is obligated to act in the best interests of its shareholders, not whiny NYT reporters.


12 posted on 05/07/2012 5:56:22 AM PDT by kevkrom (Those in a rush to trample the Constitution seem to forget that it is the source of their authority.)
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To: antiRepublicrat
Given the attitude of the California politicians to business in general, Apple should pull the plug on Cal-i-for-nia and move operations to Texas.

There are a bunch of Fortune 500 companies in IL mulling the exact same issues after the Donkey Governor's tax hikes on personal income and businesses.

13 posted on 05/07/2012 6:26:28 AM PDT by MasterGunner01 (11)
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To: sappy
Lets not forget that the former VP of the USA, Alfonse Gore is on the BoD of Apple.

That is why Apple's stock has been experiencing global warming.

14 posted on 05/07/2012 8:35:12 AM PDT by Mind-numbed Robot
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To: Mark Landsbaum

Apple “sidesteps” taxes just like millions of law-abiding taxpayers do every year - they take the acceptable and allowable deductions for business expenses and other perfectly legal means of reducing tax burden.

This is no different than any other company, large or small -

After all, Jesus said to “Render to Caesar the things that are Caesar’s...” He didn’t say to render unto Caesar more than is his...


15 posted on 05/07/2012 11:07:13 AM PDT by TheBattman (Isn't the lesser evil... still evil?)
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To: null and void

But that’s racist (at least that is what the raving Socialist will scream from the rooftops). Remember - Liberal code. In this case:

The Poor = “African-Americans”.


16 posted on 05/07/2012 11:10:07 AM PDT by TheBattman (Isn't the lesser evil... still evil?)
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To: Mark Landsbaum

Still spamming FR, huh?


17 posted on 05/07/2012 11:11:59 AM PDT by Larry Lucido
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To: Mark Landsbaum

However, there are a few tell-tale signs that tip the Times’ hand. Here’s one: . . .

(Excerpt) Read more at ocregister.com ...


Here’s one WHAT?????

Stupid blogpimp spammers.


18 posted on 05/07/2012 11:25:20 AM PDT by Larry Lucido
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To: Mark Landsbaum

If you want even more unemployment, yes.


19 posted on 05/07/2012 11:26:02 AM PDT by dfwgator (Don't wake up in a roadside ditch. Get rid of Romney.)
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To: TheBattman

Exactly! It’s racist to prevent “African-Americans” from having skin in the game!

Everyone, no matter how rich or poor should be allowed to invest in America.


20 posted on 05/07/2012 11:28:36 AM PDT by null and void (Day 1204 of our ObamaVacation from reality [and what dark chill/is gathering still/before the storm])
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To: MasterGunner01; antiRepublicrat
The best thing for Apple: leave CA and move to TX.

Apple is ramping up some kind of huge support center in Austin, spending $10s of millions on new construction, and hiring thousands over the next 5-10 years. I don't think they'll leave California fully, but they are pumping a lot of money and people into their Texas operations.
21 posted on 05/07/2012 1:00:40 PM PDT by af_vet_rr
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To: Swordmaker

The Slimes is just carrying water for their copartisan TOTUS.

Thanks Vintage Freeper for posting this:

Debt Ceiling Debate in a Nutshell | Creators.com | 07/29/2011 | Chip Bok | Posted on 07/30/2011 12:12:11 PM PDT by Vintage Freeper

22 posted on 05/07/2012 7:11:17 PM PDT by SunkenCiv (FReepathon 2Q time -- https://secure.freerepublic.com/donate/)
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