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  • Apple's (AAPL) effective tax rate of 14% is just a smidgin lower than IBM at 15% and Google (GOOG) at 17%. And Apple's hardly on the lowest rung: Amazon's (AMZN) rate is just 6%, Ford's (F) 3%, and Carnival's (CCL) just 1%. In trying to untangle what S&P 500 companies pay in taxes, David Leonhardt finds top executives are exceptionally shrewd at holding tax rates down. (infographic[View news story]
    Corporate lobbyists don't write the law. They "kickback" to the politicians to write the laws in their favor. Just saying.
    May 26, 2013. 04:12 PM | Likes Like |Link to Comment
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