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Apple CEO Tim Cook and CFO Peter Oppenheimer Testify In Front of Senate Committee on Tax Strategies [Hearing Over]
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I hope the liberals on this board will listen to the message of this committee and rethink who they stand with.
edit.. who am I kidding?
edit.. who am I kidding?
Rand Paul is speaking out against the madness. McCain is sounding like a RINO to me.
I really admired Ron Paul on most fronts, but I ultimately voted for (and worked as the SC state deputy for) Romney just because he seemed better informed on how to properly reform our tax system.
Three and a half years out, I'm feeling like Ron Paul is the strongest contender for 2016 so far.
What's with the circus act? We all know everything that is being discussed already. We know that Apple and other big corporations use tax loopholes to lower their taxes. We all know that the tax system needs an overhaul to get rid of these loopholes. And we all know that Congress won't do a damn thing about it.
Nope. Liberals think Rand Paul is a quack. Yet they elected the current moron in office.
We're talking about Apple, not GM.
I've been in position to decide to send subcontracting to firms that then send the work to India or firms that keep the work in the US. You're damn straight I use the firms that employ locally. Nice to know your loyalties.
Rand Paul is the only politician making any sense so far at the hearing. Congress writes the laws (supposedly) and then complains when companies follow the laws: "You aren't paying us more money than you are legally required to! You're the reason for all the overspending our country does!"
If the Senators don't like the laws then they should work on changing them instead of doing this dog and pony show in front of a sleeping crowd.
If the Senators don't like the laws then they should work on changing them instead of doing this dog and pony show in front of a sleeping crowd.
"But just so everyone is clear, I haven't audited them but I assume everything they're doing is within legal bounds."
Cook- "Cool so can we leave now?"
"Our military can not afford it, our economy can not endure it, and the American people will not tolerate it."
Stop wasting trillions on weaponry that gets cancelled then.
Stop wasting money in the military, period. Spend it better.
"Our tax system is broken but that is not an excuse."
That's exactly what it is. Fix the tax loopholes. Until then. There is nothing illegal here. Anyone would only pay as much as you are legally expected.
How much did this report cost?
Also, Why go after companies that are bringing in tons of tax / jobs - bring stuff back to the USA.
Stop wasting trillions on weaponry that gets cancelled then.
Stop wasting money in the military, period. Spend it better.
"Our tax system is broken but that is not an excuse."
That's exactly what it is. Fix the tax loopholes. Until then. There is nothing illegal here. Anyone would only pay as much as you are legally expected.
How much did this report cost?
Also, Why go after companies that are bringing in tons of tax / jobs - bring stuff back to the USA.
You sir, are why Congress can sit on their ass. All they have to do is campaign about how evil the other side is, and they get your vote.
They are abusing the spirit of the law, effectively giving themselves a much lower tax rate than any individual tax payer. Glad to know they have you fighting for them against the big bad Goverbment.
Thank you! What concerns me the most is "but that is not an excuse." It's their damn fault but it's not an excuse for them?
You are a whole new level of lost.
They dealt with HUMAN NATURE. Human nature hasn't changed much at all in 1000's of years. The wisdom of the the US founding fathers is the most precious thing this nation holds. Their lessons and their blood IS who we are and it drives and defines who we are.
Government like the one we have now is nothing this nation hasn't seen and defeated before. It's a shame that it is our government that is the enemy of the citizens and not the ally.
Hmm, I don't think so. Tell that to Wesley Snipes. 3 years in prison. I don't think he got the memo.
We can argue all day on whether it's legal or not. Right now - it's clearly legal. Apple and other companies haven't been brought up on charges nor convicted.
That's really (at least near as I can tell) not the issue.
This hearing is to bring a discussion public about changing policy so that some of these loopholes can be adjusted. I think any dialogue about this is actually extremely healthy and needed.
So say this is a waste of tax payers money - but I'll disagree strongly. We need these discussions.
That's really (at least near as I can tell) not the issue.
This hearing is to bring a discussion public about changing policy so that some of these loopholes can be adjusted. I think any dialogue about this is actually extremely healthy and needed.
So say this is a waste of tax payers money - but I'll disagree strongly. We need these discussions.
"He accuses Apple of being partially responsible for the sequester"
Un-freaking-believable. Decades of over-spending by the US government is what leads to such measures.
Un-freaking-believable. Decades of over-spending by the US government is what leads to such measures.