[freedombiz]

If government wants to compete for Apple's business and jobs it can cut its taxes and regulations.

[freeangel]

I believe Apple took all legal deductions and used them to their advantage——just like obama, buffet and romney.

[unixfox]

Anytime you deny the government your hard earned money, I’d call it Genius Bar.

[WilliamofCarmichael]

Apple did nothing wrong. They are smart.

It's just that in general Apple core supporters preach everyone must pay their fair share, Obama mmmm mmmm mmm.

[ml/nj]

Apple’s federal tax bill likely would have been $2.4 billion higher last year without these moves, says the Times.

I'm confused. I thought Apple moved some operations to Nevada to avoid California taxes. If Apple had had to pay the California taxes then presumably its profit would have been lower than it was. And I thought Federal Corporation taxes were based on profits earned by the corporation. So wouldn't Apple have paid LESS federal tax if it had kept those operations inside California?

ML/NJ

[bray]

Just following the President’s lead.

Pray for America

[Scoutmaster]

"Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one's taxes."

- Judge Learned Hand, Helvering v. Gregory, 69 F.2d 809, 810-11 (2d Cir. 1934).