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Rand Paul blasts Senate for bullying Apple
Washington Examiner ^ | Tuesday, May 21, 2013 | Charlie Spiering

Posted on 05/21/2013 7:54:10 AM PDT by theruleshavechanged

“I’m offended by a government who convenes a hearing to bully an American success story.”

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


TOPICS: Breaking News; Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: 113th; apple; congress; randpaul; randsconcerntrolls; senate; tax
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To: Salgak

Bingo. Great post.


21 posted on 05/21/2013 8:48:13 AM PDT by Wyatt's Torch (I can explain it to you. I can't understand it for you.)
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To: Wyatt's Torch

The hearing is on CSpan now.


22 posted on 05/21/2013 8:54:45 AM PDT by aimhigh (Guns do not kill people. Abortion kills people.)
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To: theruleshavechanged
Sen. Carl Levin, D-Mich., fired back at Paul for his criticism reminding him that Apple had dodged taxes by moving assets overseas.

By reducing the taxes Apple has to pay, it is able to save more,productively expend more, and increase its capital accumulation. These are highly beneficial to production. They increase demand for capital goods and accumulation of capital goods and increase demand for labor. Increase in demand for capital goods leads to increase in total ability to produce and total production, which leads to increased supply and lower prices to consumers. Increase in demand for labor leads to higher wage rates and increases in employment.All of these help raise the standard of living of the average wage earner.

23 posted on 05/21/2013 9:16:15 AM PDT by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: Salgak
"Rand is absolutely correct. It is the fiduciary duty of a corporation and its’ officers to maximize return to the investors/shareholders, to the fullest extent possible within the Law. Apple did that."

That means they could even sell out the country's military in order to make a bigger buck and building loopholes in the tax law to permit 'fullest extent within the Law' is OK for an American company. American company, my arse, they are an international pirating company. They should be honored to pay taxes to the greatest country in the world for what they have been able to achieve.

24 posted on 05/21/2013 9:24:47 AM PDT by ex-snook (God is Love)
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To: RinaseaofDs

What happened prior to that, I learned later, was a prominent D senator was dispatched to Gates in Redmond to explain the facts of life to companies the size and power of MSFT. This meeting ended badly, with Gates throwing the Senator out of his office, questioning after him about what the difference was between what this Senator was proposing and bribery.

If Gates had any smarts he would have had that entire meeting recorded and then put a video of it on every windows Install Disc....

But he didn’t and now MS is just as corrupt as the rest of the big businesses that are in bed with the Government....


25 posted on 05/21/2013 9:30:50 AM PDT by GraceG
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To: volunbeer

When big businesses and government use each other to help keep the upstart small and medium businesses down we have a Corporate Big Government/Business Monopoly that is Tyranny against Free Enterprise....


26 posted on 05/21/2013 9:32:52 AM PDT by GraceG
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To: ex-snook

Senator Levin, what a surprise to find you here on FreeRepublic. . .


27 posted on 05/21/2013 9:41:15 AM PDT by Salgak (Acme Lasers presents: The Energizer Border. I **DARE** you to cross it. . . .)
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To: ex-snook

Oh lord, did you forget your invitation to the Occupy forum?


28 posted on 05/21/2013 10:01:55 AM PDT by SSDecontrol
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To: theruleshavechanged

Apple and Google supports the loons and fringes of the left, maybe he needs to shout how this Govt is breaking the law, this is not America, wiretapping phones, spying, cover ups, lies,


29 posted on 05/21/2013 10:10:50 AM PDT by manc (Marriage =1 man + 1 woman,when they say marriage equality then they should support polygamy)
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To: eartick

He was a lousy presidential candidate and a lousy senator


30 posted on 05/21/2013 10:14:09 AM PDT by aMorePerfectUnion (Gone rogue, gone Galt, gone international, gone independent. Gone.)
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To: theruleshavechanged

There are still American corporations that have an element of patriotism and desire for the USA to succeed and their policies reflect it.

Then there are global multinational corporations who could care less about the USA except as a place to market their products and lobby and corrupt our legislators. They are often foreigners who see our USA sovereignty as a thorn in their side. They will maneuver any which way they can to weaken sovereignty and avoid any kind of financial support for the USA. Instead of them paying their share, they finagle the politicians, and crony capitalist system, so taxpayers are forced to become part of their revenue stream and business plan...and it occurs through extortion and not sale of products.

We have complete departments in government working on behest of pols and dedicated to forcing taxpayers to subsidize Hollywood, pro sports, corporate expansion, banks. The business plan was once about risk reward with private money. Now it is about corporations bribing crooked pols who will give the corporations that pay no taxes our taxpayer money.

I put Apple in the latter.


31 posted on 05/21/2013 10:18:27 AM PDT by apoliticalone (Banksters are coming for your retirement, pensions & property. But first they want your firearms)
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To: RinaseaofDs

>> with Gates throwing the Senator out of his office

Odd that Gates has such an affinity for the Democrat party.


32 posted on 05/21/2013 11:14:58 AM PDT by Gene Eric (The Palin Doctrine.)
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To: apoliticalone

THANK YOU. Some are asked to contribute more than money.

33 posted on 05/21/2013 11:39:38 AM PDT by ex-snook (God is Love)
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To: theruleshavechanged

Why isn’t Obama there? His recent tax return showed he used the same “gimmicks” Apple did to reduce his tax burden.


34 posted on 05/21/2013 11:52:05 AM PDT by RginTN
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To: GraceG

“When big businesses and government use each other to help keep the upstart small and medium businesses down we have a Corporate Big Government/Business Monopoly that is Tyranny against Free Enterprise....”


Amen to that. Many of the pundits and paid politicians have tried to convince their followers and sheep that big global business in bed with big US government is a conservative point of view. They are wrong.

Small business and small government and big US business working together and risking private capital to make the USA a stronger nation is the conservative POV. We’re being hoodwinked into giving up rights and sovereignty and subsidies by the Apples and Microsofts and many on Wall St.


35 posted on 05/21/2013 12:03:27 PM PDT by apoliticalone (Banksters are coming for your retirement, pensions & property. But first they want your firearms)
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To: RinaseaofDs
Interesting.

You think Bill Gates would still be running Microsoft if Clinton and Reno hadn't dropped the hammer on Redmond...?

Ballmer has been a disaster.

36 posted on 05/21/2013 12:24:50 PM PDT by Cyropaedia ("Virtue cannot separate itself from reality without becoming a principal of evil...".)
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To: GraceG

Any chance you would know who the prominent D Senator was...?


37 posted on 05/21/2013 12:27:34 PM PDT by Cyropaedia ("Virtue cannot separate itself from reality without becoming a principal of evil...".)
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To: theruleshavechanged

Every successful company is at risk of being bullied by the rats and their RINO accomplices. The government had already ruined AIG and its shareholders.


38 posted on 05/21/2013 12:39:48 PM PDT by sun7
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To: BrewingFrog

I agree but do note that those same companies, who want to keep their own money, are manned and run by people who continue to vote in the members of a party keen on taking that money. Why so many high-tech executives are enamored by democrats and the Left has always been a mystery to me.

And it’s not only an Apple thing, most all do it.


39 posted on 05/21/2013 12:40:04 PM PDT by Alas Babylon!
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To: theruleshavechanged

Carl Levin and his punk a$$ brother are leeches. John McCain is too. A bunch of worthless stupid hacks that could not run a lawn mowing service. They have no talent and never created, invented or ran anything of value. They are in the same league as your average welfare queen. And about as smart.

I’m convinced that at some point Carl Levin will be parting the hair under his arm pit up and over his head.

You know what the difference is between Carl Levin/John McCain and Rand Paul? Rand Paul can still get and erection. So can Ted Cruze. They are men. Most of Congress, and you can add the speaker of the house to the list, are wimpy little ants.


40 posted on 05/21/2013 1:04:28 PM PDT by isthisnickcool (NO MORE IRS!)
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