Guest hitoallusa Posted August 27, 2012 Posted August 27, 2012 Apple should pay some more tax, I believe.. I don't want to call it stealing but I hope this put things in perspective a little bit.. http://www.nytimes.com/2012/04/29/business/apples-tax-strategy-aims-at-low-tax-states-and-nations.html?_r=1&pagewanted=all Quote
Members TampaYankee Posted August 27, 2012 Members Posted August 27, 2012 I agree with you that Apple should pay more. I'm not sure what perspective you believe this article puts thing into? I can only read articles like this one way. That money buys access to influence the tax laws that permits big business to avoid paying taxes that regular people and even small businesses have to pay. It is not illegal because they buy the legislators that make the laws. That is part of capitalism. I mentioned a few days ago elsewhere that capitalism is prone to corruption by its very nature. It has one goal, to make profits for its owners. So this is to be expected if capitalism is left completely unchecked. There must be balancing principles at play that permit capitalism to do what it does well -- create wealth -- without corrupting the system and, with it, society. Balancing principles, that is the key. They also go by the names : regulations and fair tax laws. On the other side of the coin, states and countries have to accept that they do not live in a vacuum but have to compete for the jobs and corporations that are free to locate anywhere. Hence they should keep an eye to remaining competitive with their neighbors, both in taxation and regulation. Everything in balance. Quote
