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Bernie Sanders Wishes Apple Would Move Some Manufacturing to US and Pay 'Fair Share' of Taxes
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I know exactly what he says. And my criticism wasn't of him in particular.
I object to the use of the term "loophole"... when usually the things they are talking about were intentionally written into the code.
Steve Jobs built an Apple factory in Cork, Ireland in 1980.
I would assume that's when Apple started keeping money overseas. They were certainly set up for it over 30 years ago.
Or are you suggesting Apple only started doing this in 2011 when Jobs died and Tim Cook became CEO?
I have missed absolutely no point at all, thank you very much. MY point was that if congress thinks the companies are not paying enough taxes, change the tax laws. They should not write them as they are, and then criticize the results. Jesus man, i never even said i don't think they are paying enough.... yet you attack me.
Sadly most African nations don't have the infrastructure to support large scale mass manufacturing like the Chinese.
They both have corrupt officials who ignore corporate slavery, it's just the Chinese government are better at it and make sure any dissenting voices disappear very quickly.
Indeed... and a reply to what i said from one of the others here sums up how sad the situation is in this country now. He ripped me for supporting companies avoiding paying taxes, when that was not what i said at all. I guess some think the government can do no wrong.
Yeah but Steve wasn't a hypocrite. He kept his mouth shut and didn't pretend that Apple was anything other than a normal greedy corporate. Tim Cook just keeps coming out with this altruistic BS which patiently isn't true.
The problem with socialism is that sooner or later you run out of other people's money.
Bernie Sanders, candidate for the 2016 Democratic presidential nomination in the United States, was today queried about Apple in an interview with the Daily News, where he commented on the company's manufacturing policies and rumors that Apple dodges taxes.
When asked if Apple is part of corporate America that is "destroying the fabric of our nation," a question inspired by statements made by Sanders' himself, Sanders said he does not believe that to be the case, instead pointing the finger at big banks like JPMorgan Chase and corporations like General Electric. He went on to clarify that he would, however, like Apple to move manufacturing of some devices to the United States and pay a fair share of taxes.Sanders is not the first presidential candidate to comment on Apple's manufacturing policies, with Donald Trump also claiming he would force Apple to manufacture its products in the United States.
Though the bulk of Apple products are manufactured overseas, Apple has in fact made an effort to move some production jobs back to the United States, something that Sanders and Trump both appear to be unaware of. Apple's Mac Pro line of computers is assembled by Flextronics in Austin, Texas, an effort that cost Apple $100 million. Many third-party components used in Apple devices are also created by suppliers located in the United States, as Re/code points out. Corning's Gorilla Glass, used in iPhones and iPads, is made in Kentucky, for example.
In a December interview with Charlie Rose, Apple CEO Tim Cook gave some color on why Apple products are made in China. "It's skill," he said, going on to explain that China has focused heavily on training people to create machinery and parts for electronic devices.
When it comes to taxes, Tim Cook has previously said that Apple pays all of the taxes that it owes. During the same December interview, he said accusations Apple avoids taxes on revenue held overseas is "total political crap." "There is no truth behind it," he said. "Apple pays every tax dollar we owe."
Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.
Article Link: Bernie Sanders Wishes Apple Would Move Some Manufacturing to US and Pay 'Fair Share' of Taxes
Sure... but the comment I replied to was suggesting that Steve Jobs NEVER kept money in Ireland.
Now I'm trying to figure out if he did or not. Seems likely that he did.
The "right thing" is to adhere to the IRS rules for taxes. They are. case closed. If there are loopholes or whatever its not the corporations fault, its the governments fault for making those rules. Blame your government or Obama
not Apple.Why doesnt people realise that when Tim Cook says Apple pays every tax dollar they owe. He´s right because Apple has moved their finances out of the country. Enabling them to be a hugely profitable american company. Using american workers, in america, on american soil. Without paying income tax at all. Depriving their very country of hundreds of millions of dollars.
Yet they pay the taxes they owe. To Ireland. Which is very very little.
Yet they pay the taxes they owe. To Ireland. Which is very very little.
Except this has not happened in any of the countries running the system Sanders is proposing. Infact USA is the country that has run out of money. As you are in huge debt, and your credit value has been downgraded from triple AAA to just AA. Hows that capitalism working out for you? Certainly not working out for the 40 million people living in poverty right now with now way out?
If companies like Apple had payed their income taxes and not moved their finances out of the country. Then there would be more money for the goverment to actually spend ON the people. But I guess folks like you dont want the best for your fellow americans. I assume you only want those who work to achieve the american dream to have a quality of life. And those not lucky enough to suffer?
Make no mistake. This is what Apple contributes to. And Tim Cook can brag about their charitable help all he wants. It only pales in comparison to what his company truly owes the country.
Yeah, I'm sure Bernie would love to have a hand in redistributing Apple's "fair share" per his socialist worldview.
Totally agree with ya.
Firefighters should get paid on the spot for job done or better yet not get paid if my house got burnt down and they did not prevent the fire. Also, if the police do not recover my stolen **** I should never have to pay them.
I like where this is going!
Complete ignorance of manufacturing. You can't afford to build smartphones in the US. They would be so expensive no one would buy them. And when it comes to taxes, why should Apple Pay taxes to the US government on a product is sells in Europe? Th US should do a better job managing the money it has and balancing the budget before they tell a well-managed company like Apple what to do.
TRUMP is the only hope we have to save our country. Wake up people! We are already on the tiping point and it will not be good. If you are not careful the country will be 100% gone.
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With the $15 min wage all the slackers want an iPhone built in the US would be $3000.
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With the $15 min wage all the slackers want an iPhone built in the US would be $3000.
The stupidity of american republicans continue to amaze me. This whole notion of the government being the enemy. We have modern examples of what happens to a country where taxes are not payed. The collapse of Greek economy.
Many of you are sold on the idea of freedom to do make your own money, run your own business and being as independant as possible. But you don´t realise that Apple is doing so with thousands of workers who´s been educated by the government through the school system in one way or another. Who is able to live a life in a modern society just because of public services being upheld by taxes. And the profits from all of that hard work, in the country your forfathers built, is now being sent right out of the country. Not contributing one bit to strengthen american economy.
Yes, I completely reject that. Private, free trade always pushes quality up and prices down. Government FORCE always does the opposite. It's really sad to see people, not you specifically, just in general, brainwashed into thinking the government actually cares about anyone. They exist solely to justify their own existence and are the definition of a monopoly.