Posted on 08/30/2016 6:43:13 AM PDT by sukhoi-30mki
The world needs to delete any taxes based on income. Taxes can be more fairly administered with a consumption tax.
europe is bankrupt (as are most governments) - and they see a big pot of money, and they want it.
“I see you have some money there. Give it to me.”
Ping
Tim Cook loves when its other people’s money, not his: http://www.cnbc.com/2016/08/30/tim-cook-attacks-eu-tax-ruling-in-scathing-letter.html
Being the good lefty that Tim Cook is he should fork over the money post haste. After all the money will be used for the greater good. Boowwaahahaha, sometimes I crack myself up.
And who sets the rates for those? Think of things like the motor fuel tax, VAT et al.
Tim Cook says the EU can have taxes or jobs, not both. Now he should bring the jobs back to the US and let the Irish start thinking about IREXIT.
Less money in Democrat’s pockets.
Are we all supposed to feel sorry for either side here?
Apple it’s time to come home. Trump wants a15% rates and no EU thugs.
On the bright side, they could fight it out and kill each other off.
It looks like the EU has just given Ireland 13 billion reasons to tell the EU kleptocrats to “sod off”...
It looks like the EU has just given Ireland 13 billion reasons to tell the EU kleptocrats to “sod off”...
The EU has found that Ireland acted illegally, not Apple. Apple should say that they have learned a lesson. EU countries are not important anymore. The BREXIT voters were right. Being a member of the EU means you have lost your vote and sovereignty.
Illegal aid? You mean, a lower tax rate than you idiot socialists?
That's the mindset of the Left, what's mine is mine and what's yours is mine. If we allow you to keep anything be grateful.
Yeah....this is the bottom line to the ruling....Ireland never had the right to grant tax deals like this....ONLY the EU could have granted this (by EU rules).
But here’s the funny thing. Not only is Google in trouble there....but they are also in trouble in Luxembourg as well....as are fifty other American companies who got sweetheart deals through Luxembourg about a decade ago.
So, let’s look six months ahead.....some Irish dimwits decide to go for back taxes. The only option left for Google is to hope like heck that Trump is elected and immediately fixes the deal to allow US companies to bring their profits home, and then quietly pack up to leave Europe, period. Bring the jobs back to the US and give the US some portion of the profits that they should have gotten each single year.
As for the EU....they might want to ask how they can create jobs out of thin air....especially if the trade agreement is halted.
Mind you, if I was the CEO of Apple, I would IMMEDIATELY close all locations in the EU, and release all employees.
And then tell the EU to come and take it, if they can. . .
To expect Apple to retroactively pay such a sum when they had a legal agreement with Ireland is absurd. I’m no Apple fan but this is Ireland’s problem, not Apple’s.
This is no different than saying, “We changed our minds about what taxes you should pay since 2003, now you owe us $13 billion”. Apple was following the stated law. The fact that it did not reconcile with EU laws is not Apple’s responsibility to resolve. It just goes to show what an unworkable legal environment the EU is with respect to its members and their law.
Moving forward, how is this not a toxic economic environment for business? The EU is supposed to be some great economic positive yet here they show that you can be retroactively punished even when you played by the rules. It just highlights the monster that is the EU, another unnecessary layer of bureaucracy that needs feeding. Unaccountable individuals using the system to enrich themselves. It is an abomination.
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