Slashdot Mirror
NY Times Apple Tax Article Flawed
bonch writes "Forbes contributer Tim Worstall points out that the NY Times article claiming Apple pays less than 10 percent of its profit in taxes was based on a flawed assumption of the corporate tax system. The 9.8% figure came from Greenlining Institute, who compared Apple's 2011 profits to taxes calculated according to 2010 profits. In the corporate tax system, estimated quarterly tax payments are made based on the previous year's profits until actual profits are calculated at the end of the trading year, when the balance is then paid to the IRS."
Really?? I seriously doubt someone is going to blow a mod point on this comment, within mere minutes of you posting it. You can't let your actual message speak for itself so you have to artificially inflate your score with duplicate accounts... well pathetic is as pathetic does and you just proved it!
Hey, oldspice, let's compare karma, shall we? Notice when I post, it's automatically 2. When you post, it's 1. Do you know what that means? Stupid fuck.
My Apologies, I'm not familiar with the inner workings of this website, I only casually use it... don't really know what "karma" is, nor do I really care (this is a website, not real life, I hope you don't base too much of your self worth on the karma level of your slashdot account or the opinions of internet strangers).
That said, you are a sad piece of work, and I expect in real life you're not nearly as tough as you are on the internet. So internet warrior, continue your crusade of uselessness, spouting idiotic platitudes about your idyllic society.
Like I said before, if you honestly consider yourself to be part of a movement towards a better society, with your ignorant and hate filled postings... well you are living proof of why your proposed system has collapsed into misery every time it has been attempted. You don't want a better world, you feel powerless and you want more power at the expense of those who you perceive to have more power. Once you achieved power you wouldn't share it equally (it has *never* happened), you would oppress just as badly (historically, much more brutally) the people below you. A basic study of history would make this painfully evident to you, but it is obviously clear that you don't have even a basic knowledge of the systems you propose to change.
My Apologies, I'm not familiar with the inner workings of this website, I only casually use it... don't really know what "karma" is, nor do I really care (this is a website, not real life, I hope you don't base too much of your self worth on the karma level of your slashdot account or the opinions of internet strangers). That said, you are a sad piece of work, and I expect in real life you're not nearly as tough as you are on the internet. So internet warrior, continue your crusade of uselessness, spouting idiotic platitudes about your idyllic society. Like I said before, if you honestly consider yourself to be part of a movement towards a better society, with your ignorant and hate filled postings... well you are living proof of why your proposed system has collapsed into misery every time it has been attempted. You don't want a better world, you feel powerless and you want more power at the expense of those who you perceive to have more power. Once you achieved power you wouldn't share it equally (it has *never* happened), you would oppress just as badly (historically, much more brutally) the people below you. A basic study of history would make this painfully evident to you, but it is obviously clear that you don't have even a basic knowledge of the systems you propose to change.
Tootles!