Does anyone wonder why apple chooses to release these 'pat on the back' press releases to the public when most other companies don't. Isn't it a bit self-serving and not very humble?
I wonder why Apple can't create more jobs HERE in the USA. It ticks me off that they make seemingly eleventy trillion dollars a month but somehow they just have to have Chinese slaves make everything. It's rather infuriating.
And yes, the press releases are just a self back pat. Meh.
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Apple does taxwise what is legal. You would doi the same.
No money is being hidden and I do not see why USA should be entitled to profits generated in other parts of the world, just because Apple is an American company.
The IRS chases American citizens around the world to get a cut , even when they no longer reside here.
It is exactly that attitude which drives away businesses and makes some do illegal stuff to truly hide money.
The reason why people get so torked over this though is that these companies certainly LOVE doing business with us though, don't they? We have the most expendable income and the most likely to buy their stuff. Ya know, reap the benefits of our collectively large consumer base but cut and run when it's time to pay some taxes. It's BS and I'm tired of the "legality" argument. They should be creating jobs here and paying taxes here because it's the right thing to do.
But, instead, they have to suck shareholder dick because those Neanderthals are all that matter anymore. So, slave labor and tax evasion is the norm.
The other problem with this is that when companies ditch on taxes, guess who gets to foot the bill for the missing dollars? Yeah, worker bees who are already stretched paper thin financially as it is. Homeowners and anyone on a W2 based payroll takes it in the fanny. All while these companies pocket trillions of dollars in profits. Is it any surprise people are fed up with it? Ya think?