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  • Senate Slams Apple On Tax Avoidance [View article]
    If you think the 'rich' are just corporations then politicians who make the biggest noise on class warfare are proud of you.... Chris Dodd gets $1.2 million from the movie industry as a lobbyist and every treasury secretary/inner group member has been a former senior executive from Goldman Sachs (timothy geitner , henry Paulson,james rubin, larry summers etc) or jack Lew who was a former Citibank executive.

    Thanks for buying into the class warfare narrative - tax the 'rich' written by the very rich with connections in and to government themselves.
    May 27, 2013. 02:24 PM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Iamstockgeniusjustaskme,

    Why the hate/side tracking by bringing up Romney when he is not an apple board director and you ignoring Al gore who is an apple board director and therefore a hypocrite when it comes to taxes barking about 'fair share' when he himself is a board director of a company that avoids taxes as much as it can? Romney has nothing to do with apple so nice try. Blame everything on Romney now right? Apple avoids taxes? Romney's fault. Do you avail tax deductions? By the way 'stockgenious', Romney pays the same tax rate you pay. It's called capital gains tax... Let me know the last time you paid more than the required capital gains tax
    May 27, 2013. 02:12 PM | 1 Like Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Hey Eric, I'm all for proper use of taxes and efficient and legal application of taxes. I don't have a beef with Apple doing their taxes the way they do it...but I'm not going to buy the hypocrisy of people like Al Gore and those who apply for every tax deduction they can and then preaches about the "rich" having to "pay their fair share of taxes" and vilifying those who demand tax reform while he is silent about his power as an Apple board director to practice what he preaches. He talks about setting up carbon taxes while driving around in his fleet of cars and keeping them idle while he speaks at conferences.

    Yeah, that "fair share" nonsense part - won't fall for it. Nope. I'm also long AAPL too.
    May 24, 2013. 03:50 PM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Heliopios, are you referring to Apple board director member Al Gore who extols the virtue of rich people and corporations "paying their fair share in taxes"?
    May 23, 2013. 11:19 AM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    So it seems all the useful idiots who bought the "pay your fair share in taxes" and "spread the wealth" nonsense aren't too happy when it was expected of them.

    The government is broke. They need to extract each and every penny out of successful American enterprises and individuals. You thought that they wouldn't come after you...but guess again. This is how they start - they vilify a group of people and turn the mob (useful idiots) against them. They keep doing this one small group after another and then you realize you're next.

    But thank you to all the useful idiots who brought this upon themselves by falling hook, line and sinker with this "pay your fair share" nonsense and "spread the wealth" BS.

    This isn't the first time government is on a witch hunt to extract every penny out of successful companies.... they've done this to Microsoft, HP and oh, remember those "evil" oil corporations? All the useful idiots were aghast at evil oil corporations paying record profits.

    Does anyone know about the 2009 Obama "Jobs" act bill? The government, with the help of the ignorance of useful idiots sneaked in a section called FATCA which gives all power to IRS to tax and penalize any American expatriate or even non-American resident (eg greencard holder or resident work visa holder) or even a dual citizen (think Canadian born to an American parent) for all income throughout their life time. Canadians were pissed off because there are millions of Canadians who hold dual American citizenship or greencard status sometimes out of the mere act of being born to an Ameircan parent. FATCA demands that such expatriates or foreign residents pay taxes on all income during their life times and pay hefty penalties on unpaid taxes from previous years. This applies to kids of service members born in foreign countries who decided to stay back in those countries too.

    The American government is going broke and they can see where they are fiscally headed - an entitlement nation like greece. That's why they are getting aggressive in extracting each and every penny out of whoever they can with no less help from useful idiots.

    I'm not an American. I immigrated to America from a stupid socialist country that pits one ethnic community against another and lives on inflicting heavy bureaucratic red tapism on successful hardworking individuals and businesses. I've seen this happen before and I'm amazed how otherwise intelligent Americans fall for this "spread the wealth" utopian nonsense.

    “The single most popular proposal we had was to reduce taxes on working people, and lift the higher rate. Let’s give an incentive to work, and let’s ask the most fortunate in our society, including me and you, to do our fair share. And we ought to do that again.” - Apple board director Al Gore

    Oh shut up you hypocritical Al Gore and pay your fair share in taxes. You want carbon taxes to save the earth? Then stop driving around in your fleet of cars and instruct your drivers to not idle their car engines while you give your talks on BS
    May 22, 2013. 08:20 AM | Likes Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    Apple is not the only company signaled out. HP, MSFT are few of the other companies that have been scrutinized. I guess you are outraged because you own AAPL stock and maybe a bit confused at the same if you want everyone to pay their "fair share" in taxes. I guess Apple board director member Al Gore is very confused too because he has been calling on the rich to pay their "fair share of taxes" too while the company he sits on the board as a director for mints billions and billions in excess cash. Do as I say and not as I do.
    May 21, 2013. 06:44 PM | Likes Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    It's simple - these politicians are big into everyone paying their "fair share" of taxes except when it comes to themselves.... and then you have useful idiots in the citizenery who buy this self rigtheous nonses.

    Al Gore is big into everyone paying their "fair share" in taxes especially the "rich". He is also an Apple board director member. He wants to enforce carbon taxes on everyone while he keeps cruising in his fleet of cars and leaving them idling while he speaks at conferences. Politicians - always worthy of every bit of cynacism.
    May 21, 2013. 06:39 PM | 1 Like Like |Link to Comment
  • Why Public Companies Should Have Public Tax Returns [View article]
    It's just another sign that the government knows that it is going further broke and needs to extract every penny it can get... I'm not least surprised. The IRS is going harder on American expatriates and non-American residents in foreign countries. They already apply income taxes to Americans and even duel citizens and non-citizens who do not live in America (think Canadians Americans settled in Canada or greencard holders in foreign countries). Obama passed the "jobs" act in 2009 which included a section called "FATCA" that will require foreign governments to report any American or American resident (non-citizens on visa/PR) to the IRS so they can be taxed on any income including inheritence, savings interest etc. Canadians have been outraged with this because there are many canadians who were born to American dads or moms that automatically made them dual citizens. The worst part about this enforcement is that they are applying hefty penalities on taxes that were never paid for income over a person's life. So a canadian american adult who grew up in canada will have to pay unpaid taxes + penalties for all the income he's ever had.

    Expect more "fair share" nonsense like this from the government.
    May 21, 2013. 06:37 PM | 2 Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Sam, I liked that he was smart in the business world but for president? Nope...the guy wasn't principled enough to stand on what he believes in and thought he could be wishy washy depending on the crowd he was trying to appeal to. It might have helped him in the primaries but what goes around comes around and he eventually got it. The alternative wasn't better so you didn't have any good choices. I won't be fooled for a minute that all these folks who love telling everyone to pay higher taxes and do "their fair share" will avail of each and every tax deducation they can get their hands on.
    May 21, 2013. 06:19 PM | 1 Like Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    TimothyF, Apple does a better job at outsourcing billions worth of contracts to countries like China, India, South Korea but ofcourse, that's not a problem for you because you own shares in the company and benefit from their margins.

    “The single most popular proposal we had was to reduce taxes on working people, and lift the higher rate. Let’s give an incentive to work, and let’s ask the most fortunate in our society, including me and you, to do our fair share. And we ought to do that again.” - Apple board director Al Gore

    Ofcourse, people like Al Gore who are all about "paying fair share" make the biggest noise vilifying others while they themselves engage in availing tax deductions and running their businesses in the most tax avoidance means. All the more important when you own shares of a company that is great at legally avoiding taxes.

    The only difference between Romney's stance on taxes and people who berate him on taxes is that Romney isn't hypocritical about it. I assume that you do not avail of tax deducations.
    May 21, 2013. 06:01 PM | 1 Like Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    “The single most popular proposal we had was to reduce taxes on working people, and lift the higher rate. Let’s give an incentive to work, and let’s ask the most fortunate in our society, including me and you, to do our fair share. And we ought to do that again.” - Apple board director Al Gore.
    May 21, 2013. 05:22 PM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    oh wasn't that when Jeff Immelt, CEO of GE was on the administration's jobs board council? hmmm.... everyone pay their fair share of taxes.... everyone except myself .i.e
    May 21, 2013. 05:17 PM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Bain... Apple - same thing when it comes to taxes. Only diifference is that directors at Bain is not hypocritical about efficiently using tax laws. One of the biggest tax proponents is a board director at Apple - Al Gore. He's all about "paying your fairshare" so I'm sure he is very excited about this oppertunity to explain why Apple needs to pay its "fair share" too.
    May 21, 2013. 12:24 PM | 2 Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    Obama paid a low tax rate too. I guess you find it outragious that apple is questioned for paying a low tax rate but people like Obama and Romney aren't
    May 21, 2013. 12:26 AM | Likes Like |Link to Comment
  • Senate Slams Apple On Tax Avoidance [View article]
    So its fine for apple to engage in tax avoidance because they are doing it 'in the best interests of share holders' and Romney avoiding taxes legally in the 'best interest of Mitt Romney' is bad... Are you an apple share holder? Does 'david bader' avoid paying taxes legally by claiming deductions in the best interests of 'david based'?.... Go figure.

    Give it a break.... You are absolutely no different from mitt Romney or apple board director Al gore who is big into everyone 'paying their fair share'.... The only difference is that mitt Romney is not hypocritical about it.
    May 20, 2013. 10:37 PM | 2 Likes Like |Link to Comment
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