Ryan's proposed tax policies are wildly beneficial to Apple and all Apple employees, including a plan to reduce or eliminate taxes on repatriated funds, and lower income tax marginal rates.
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Apple CEO Tim Cook to Host Fundraiser for House Speaker Paul Ryan
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Not since the chicken held a fundraiser for Colonel Sanders has there been a better decision. WTG, Tim.
Everyone knows the republicans are going to steal convention from Trump. You're looking at the next republican to run for POTUS.
Either run for a political office or run your company.
^ This. No matter what side you are on, 50% of the people will be against whatever you associate with. Unfortunately, big money rules these things so it's not surprising.
Being a wee bit Scottish are we?
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People have the right to free speech. The very idea that a corporation is a "person" is just utterly absurd, especially when they are immune to many laws governing individuals.
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If Paul Ryan is a RINO, then so are the majority of Republicans.
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Tim Cook is hosting the fundraiser (not Apple). Tim Cook is a person.
Okay, I admit I misread.
Still, I think people have the right to complain given that a)He has become the face of the company, and B) This is most likely meant for the benefit of the company (which of course pays him).
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But your statement is exactly what is wrong with the whole thing... "back to America"?
It is money earned and spent by citizens of other countries. It wasn't US money that was shipped overseas and then the US wants it back again. Just because Apple is a US companies shouldn't entitle them to bring every dollar from around the world back to US soil where the US government would benefit from that. Am I totally wrong about this? If I do business in Japan, why would Canada be entitled to tax money? What is Canada doing for my business in Japan? Nothing.
If this was really about a private citizen hosting a fundraiser for a politician, it would not be a big deal, but this is a CEO of a company with significant business before the House of Representatives hosting a fundraiser for the Speaker of the House. Does anyone really think Tim Cook's personal politics are anywhere near Republican? Not the way he's always spouting off about Democrat issues. The only thing Tim Cook and Paul Ryan have to talk about is Apple wanting to repatriate a couple boatloads of cash and what Paul Ryan can do to make that happen.
This is indirect corporate bribery of the second most powerful man in the US Government (sorry Joe, you're somewhere below a senator). I happen to agree with what Tim Cook is bribing Paul Ryan to do, and I certainly support free speech by free citizens, but this is not how I want Apple to do things or how I want the political system to work.
This is indirect corporate bribery of the second most powerful man in the US Government (sorry Joe, you're somewhere below a senator). I happen to agree with what Tim Cook is bribing Paul Ryan to do, and I certainly support free speech by free citizens, but this is not how I want Apple to do things or how I want the political system to work.
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If Trump becomes president I look forward to the choice words that he will have about Tim Cook
He'll be far too busy comparing dick sizes with Putin.
As a gay man I can say this.
Cook just thinks Paul Ryan's hot and wants to have him over for dinner.
Cook just thinks Paul Ryan's hot and wants to have him over for dinner.
Just this alone could turn me away from Apple for good...
Paul Ryan? Lyin' Ryan? Whiskey Tango Foxtrot!!!
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I like that sig!!!
There is something deeply wrong with a society more offended by breasts than by entrails.
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In many cases, due to 'creative accounting' that is EXACTLY what that money is! Money 'shipped' overseas to avoid taxes. Seriously. Why do you think France is so pissed? They did that to avoid paying their taxes too!
Paul Ryan? Lyin' Ryan? Whiskey Tango Foxtrot!!!
[doublepost=1466458195][/doublepost]
[doublepost=1466458248][/doublepost]
I like that sig!!!
There is something deeply wrong with a society more offended by breasts than by entrails.
[doublepost=1466458364][/doublepost]
In many cases, due to 'creative accounting' that is EXACTLY what that money is! Money 'shipped' overseas to avoid taxes. Seriously. Why do you think France is so pissed? They did that to avoid paying their taxes too!
While fundamentally I agree with you, it's worth noting that though Canada doesn't really do anything to help a company do business in Japan, the US Navy is out there protecting the global commons that allows for free trade between nations to occur. The US has a lot of ships, and it's in every sea ensuring goods and raw materials used by Apple get from Point A to Point B. If the US stops doing it, somebody else will, and the rest of the world might not like how they run things. The US Navy has had a significant stabilizing effect on global trade, and it's not without cost to run a navy.
So, the US has a better case than Canada for getting a piece of everyone's action. It's just not owed a very large piece, certainly nothing near what the US wants now. I think Apple recognizes this, and they'd be willing to pay a small percentage to repatriate their overseas cash. They're not lobbying for 0% repatriation tax, here, Apple wants to pay something. It would give Apple a nice political boost, I think shareholders would be happier too, and it gives Apple a little more flexibility. The rates now are just insane though, and Apple would never pay them as they are now and neither would anyone else.
But hey, that's typical politicians for you. They'd rather have 50% of nothing (and have it as an issue) than 5% of hundreds of billions of dollars.
As somebody who doesn't give a hoot about US politics (I don't live in the States) I've gotta say that I'd prefer no support of political parties/politicians.
If they're gonna disendorse Trump (like pretty much the whole world has) then do it properly! Don't be passive... say 'we disendorse the Republican nominee and are actively against any moves that would give him or his party power in this election'.
Such commercial pressure might force the Republicans to re-think their nomination. They don't HAVE to select Trump.
I know money money money it's just such BS tho. Paul Ryan thinks Tim Cook is living in sin and shouldn't be allowed to marry, but, sure, go ahead and raise funds for him, Tim. Gross.
But the article says Cook isn't doing this on behalf of Apple.
You can't be that naive. There's only one thing that puts both those individuals in the same room, and it's got everything to do with Apple. Tim Cook has no love for the Republicans, and the company he's CEO of has business before the legislative body Paul Ryan leads. This may not be official Apple business, but what do you think Tim Cook wants Paul Ryan to do in exchange for his money?
Answer: Let Paul Ryan and the House GOP have a crack at it.
Question: How can Apple make iTunes worse?
Question: How can Apple make iTunes worse?