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Cupertino's Mayor: Apple 'Abuses Us' By Not Paying Taxes (theguardian.com)
An anonymous reader shares a report on The Guardian: Apple pays a 2.3% effective tax rate on its $181bn in cash held offshore, according to Citizens for Tax Justice, a not-for-profit research group focusing on tax policy. Citizens for Tax Justice estimates that Apple would owe $59.2bn in U.S. taxes if the money weren't funneled into offshore shell accounts. Criticism over the company's offshore tax schemes has become more pointed in recent months, both locally in Cupertino and from Apple's own staff. At a recent Cupertino city council meeting, some residents protested about a lack of funding for public projects, Barry Chang, Mayor of Cupertino said: "They ball up the paper and throw it, and they say 'You're making all the wrong decisions'," Chang said. "In the meantime, Apple is not willing to pay a dime. They're making profit, and they should share the responsibility for our city, but they won't. They abuse us."
The mentality of that whiny little bitch. "Apple abuses us"? Yeah, and I'll bet hot chicks abuse you by not having sex with you, too.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
Lotta fanboys out today.
Only the State obtains its revenue by coercion. - Murray Rothbard
We should just abolish all taxes and fund government services Al LeCarte on Kickstarter.
Find out what really matters to who.
the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff
Bernie sanders is a wannabe Hugo Chavez, we'd run out of deodorant and toilet paper in 6 months if he "fixed" the system.