Bernie Sanders Wishes Apple Would Move Some Manufacturing to US and Pay 'Fair Share' of Taxes

[Renzatic]

Yes, free people are too stupid to create or develop anything involving mutual cooperation without the "benevolent" force of government stealing their money and doing "what's best for them" with it.

Are you on the government's pay roll by any chance?

We all seem to forget that the private sector and the government worked pretty well together back in the 50's and 60's. Why we want to run away from the standards that helped define our economic golden age is a mystery I don't think I'll ever understand.

 

[sbailey4]

Before Obamas affordable care act, there was more power in the private market. They had their chance to shine. And guess what, that left 50 million people out of the health care system. Are you comfertable with that? Are you willing to say "yes I want everything to be handled privately, even though 50 million people will not get the care they need"?

Just to provide a sense of scale. 50 million people is more than all of Skandinavia combined. Its bigger than several countries in europe. And all of those people had no health insurrance under your privately run "paradise." Time to wake up. This is what taxes can contribute to help. Don´t ya wanna help yurr fellow murricans?

Dont even try it with that Obama Care BS. Sure more people can "say" they have healthcare insurance but the insurance don't pay for crap until you pay a fortune out of pocket 1st on top of the outrageous premiums. So now 50 million more people have useless health insurance, big deal. Whats the point of having it if it don't pay for Sh** when you go for care? Just so you can say more people have it? Biggest scam ever.

 

[Ramius]

Exactly and all these here complaining haven't realized that the $750 iPhone would be $2500 if they didnt save on the lower tax rates and lower labor paid elsewhere.

Guess what, the iPhone is already overpriced. Chinese factories have recently started selling phones with equal specs for just one third of the price. Brands such as Ulefone, Doogee and others. You get the entire recipe: aluminum casing, finger print sensor, high quality camera, same processor, equal ammounts of storage and ram.

Infact, ask yourself this question. If Apple didnt have a huge profit on their products. Then how on earth have they been able to become the most _profitable_ company in the country? Certainly using as cheap labour as possible and charging as high prices as possible would have something to do with it right?

Im confident that Apple would be able to make their phones in the US without much of a price increase. Some of course. but nothing people could not afford.

 

[PowerBook-G5]

Oh no! The savior of neckbeards and millennials has said something which they do not like!

 

[miniyou64]

Before Obamas affordable care act, there was more power in the private market. They had their chance to shine. And guess what, that left 50 million people out of the health care system. Are you comfertable with that? Are you willing to say "yes I want everything to be handled privately, even though 50 million people will not get the care they need"?

Just to provide a sense of scale. 50 million people is more than all of Skandinavia combined. Its bigger than several countries in europe. And all of those people had no health insurrance under your privately run "paradise." Time to wake up. This is what taxes can contribute to help. Don´t ya wanna help yurr fellow murricans?

Healthcare is not a right and stealing money from people to pay for it is not the answer. Of course I want to help people. Voluntarily. Also, insurance was never a truly free market. You could not buy health insurance across state lines because of government enforcement, lobbying no doubt. It was not free, so costs did not go down and quality did not go up. I can tell you with Obamacare many peoples costs have gone up and quality DEFINITELY has gone down.

 

[Popeye206]

Everyone knows the only reason why Apple employs it's workforce offshore in factories is to reduce it's costs and and increase it's revenue to insane levels. Apple is making more than $£€¥ 1 million in revenue, so Apple can afford to pay at a very minimum 30% tax in the country where the actual sale is made. Shareholders need to get used to this now. Apple paying more tax, it's coming. Regular citizens pay upwards or more than 30% tax on income around the world. Even Apple taxes its own software developers 30% of their sales! So Apple, why be hypocrites? With $£€¥ billions in profit each year, Apple is very much in a position to pay its proper fair share of tax in each country it makes the sale. So why doesn't Apple stop this profit shifting to reduce the tax it pays? It clearly has financial scope to pay proper amounts of tax. It's rather disgusting behaviour that Apple doesn't pay proper taxes. I support authorities and governments to address the laws and retrospectively go after companies like Apple for every $£€¥ they owe. Who do these companies think they are? They want all the protections that company structures allows, but they don't want to pay a since cent of tax.

Yawwwwnnn.... this sort of crap is old. Let's see... 99% of electronics are manufactured in China or in other neighboring countries. 100% of global companies set up subsidiaries to help reduce their taxes so their sales in places like Europe aren't taxed in Europe and in the US too. And yes.. taxed at a lower rate than what the good old US want to charge them. These companies are just playing by the rules. That's who they think they are.

So is it Apple's fault they do what everyone else is doing? What every smart company does to help protect their sales and profits? This is primarilty what companies exist for you know... make profit. It's rare that companies actually do something meaningful, such as Apple, Google, Microsoft, GE, and others and make a killer profit too.

 

[Mactendo]

Bernie > Hillary > Kasich > puddle of slime > Trump > Cruz

Bernie or Trump or anyone else, except Hillary.

 

[Ramius]

Dont even try it with that Obama Care BS. Sure more people can "say" they have healthcare insurance but the insurance don't pay for crap until you pay a fortune out of pocket 1st on top of the outrageous premiums. So now 50 million more people have useless health insurance, big deal. Whats the point of having it if it don't pay for Sh** when you go for care? Just so you can say more people have it? Biggest scam ever.

Every single point you are making has been debunked already. Many times. I see you have no actual knowledge to contribute with here, other than calling things "********". So Im not gonna lower myself to discuss any further with you. I would just reccomend you to use the internet, which by the way, Obama has made a government plant to strengthen as a part of the infrastructure for ALL american people. Something the private sector never made a priority of their own.

 

[bruinsrme]

It's funny how people like to accuse companies of avoiding taxes... while admitting they aren't violating any laws. Congress writes the tax codes, and then criticizes people for complying with them to the T. And i seriously doubt there is a single person reading this whom has criticized these companies.. who voluntarily declines using every tax deduction that they are allowed on their own personal tax forms. If Congress has a problem, re-write the tax code. Don't blame others for your piss poor job of writing effective rules.

I agree. I love the term fair share.
And yet a definition eludes reality.

 

[miniyou64]

Every single point you are making has been debunked already. Many times. I see you have no actual knowledge to contribute with here, other than calling things "********". So Im not gonna lower myself to discuss any further with you. I would just reccomend you to use the internet, which by the way, Obama has made a government plant to strengthen as a part of the infrastructure for ALL american people. Something the private sector never made a priority of their own.

Internet is always available to people willing to pay what it costs to deliver the service. Do you think things are just free?

 

[Technarchy]

Well how can you possibly be against it, it's got a built-in defense in the word "fair". Aren't you for fairness? Then you should agree that whoever I say isn't paying a "fair share" should start paying more money!
[doublepost=1459905259][/doublepost]On another note: My 5k iMac was made in the USA.

I never liked that term either. Fair has nothing to do with it. Proportionality is the issue. Fairness shouldn't even be a factor.

 

[DoctorKrabs]

Panama Papers.

 

[smacrumon]

Yawwwwnnn.... this sort of crap is old. Let's see... 99% of electronics are manufactured in China or in other neighboring countries. 100% of global companies set up subsidiaries to help reduce their taxes so their sales in places like Europe aren't taxed in Europe and in the US too. And yes.. taxed at a lower rate than what the good old US want to charge them. These companies are just playing by the rules. That's who they think they are.

So is it Apple's fault they do what everyone else is doing? What every smart company does to help protect their sales and profits? This is primarilty what companies exist for you know... make profit. It's rare that companies actually do something meaningful, such as Apple, Google, Microsoft, GE, and others and make a killer profit too.

Your response is typical yawn and rofl. Tremendous nonsense.
Apple doesn't have to do what other companies do. Until Apple changes, it's totally meaningless.
THE RULES ARE CHANGING. Get used to it.

 

[Renzatic]

Internet is always available to people willing to pay what it costs to deliver the service. Do you think things are just free?

Unless it's hampered by bureaucratic nonsense like it is here in Tennessee.

I pay $50 a month for 100/100 fiber. If I move a few miles to the west, I'd be paying $80 for 15/5 DSL.

 

[DoctorKrabs]

This commie needs to go home and take the criminal with him and they can feed each other their ****.

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.
[doublepost=1459902950][/doublepost]

http://www.cnet.com/news/if-donald-trump-had-his-way-your-iphone-would-be-insanely-pricey/

Is Trump the commie you're talking about? You'll have to clarify because I can't see a difference in their stance on this issue. The only difference is that he wouldn't recommend what Sanders is recommending. He would force it.

 

[sbailey4]

exactly..they are paying every dollar they owe, not every dollar they should.

So question, what is the amount that SHOULD be paid in relation to the amount that is OWED? 10%? 20%?, 50%? After you do you taxes each year, do you just throw in a little extra just because? Yeah didn't think so. Most of us don't and actually look for deductions that are written into the tax code so we can pay less.

 

[Renzatic]

Is Trump the commie you're talking about?

It's a cool buzzword for him. I've long since discovered that people who usually call other people commies on the internet usually don't know what the hell communism actually is.

One thing's for sure though, if Trump were to make good on his promises, and force US companies to bring their manufacturing bases back domestically, it'd flat out tank our economy.

 

[sbailey4]

You do know Trump is even more willing to talk about the return of domestic manufacturing than Sanders.

Trump is a lifelong liberal though, so no one should be remotely surprised.

Well no wonder our choices this year are crap. That explains a lot Trump, Hillary or Bern, wow, think I will stay home this year and avoid the long lines. Its like playing roulette with 6 rounds in the chamber.

 

[Renzatic]

Well no wonder our choices this year are crap. That explains a lot Trump, Hillary or Bern, wow, think I will stay home this year and avoid the long lines. Its like playing roulette with 6 rounds in the chamber.

If it makes you feel better, Hillary's a straight up DINO.

 

[952863]

Hey, Mr Sanders. Tell that to hundreds and hundreds of companies that manufacture their products in China! Ok? Ciao.

 

[sbailey4]

Every single point you are making has been debunked already. Many times. I see you have no actual knowledge to contribute with here, other than calling things "********". So Im not gonna lower myself to discuss any further with you. I would just reccomend you to use the internet, which by the way, Obama has made a government plant to strengthen as a part of the infrastructure for ALL american people. Something the private sector never made a priority of their own.

HAHA I don't need the internet to know what my insurance costs me and what it pays for. $12,000 a yr in premiums for 2 people, and another $12,000 in deductible before it pays for anything. So $24,000 from me BEFORE they pay a dime. And that $12,000 is for that "privilege" in case I need it. Debunked? Really? And thats fine no more discussion needed on this topic ,it is what it is and I know what I know.

 

[miniyou64]

HAHA I don't need the internet to know what my insurance costs me and what it pays for. $12,000 a yr in premiums for 2 people, and another $12,000 in deductible before it pays for anything. So $24,000 from me BEFORE they pay a dime. And that $12,000 is for that "privilege" in case I need it. Debunked? Really? And thats fine no more discussion needed on this topic ,it is what it is and I know what I know.

Thats horrible. Wow. Im genuinely sorry to hear that

 

[El Hikaru]

I'm disappointed to hear the news. The topic was cheaply used by his famous opponent.

 

[steve333]

Bernie > Hillary > Kasich > puddle of slime > Trump > Cruz (who actually believes with the fury of god all of the insane things that Trump just pretends to for money/power/votes)

I would put Kasich ahead of Hillary the Monsanto Sock Puppet
Feel The Bern

 

[roadkill401]

So question, what is the amount that SHOULD be paid in relation to the amount that is OWED? 10%? 20%?, 50%? After you do you taxes each year, do you just throw in a little extra just because? Yeah didn't think so. Most of us don't and actually look for deductions that are written into the tax code so we can pay less.

There was a very interesting show on english Channel 4 called The.Town.That.Took.On.The.Taxman.

They basically laid out how the big multi nationals are skirting around paying their share of the taxes. What Tim Cook said was true on one hand, but completely dishonest if you looked at it from another. What companies like Apple do is to setup a shell corporation that holds all the intellectual property in countries that have the favourable tax rate, and then more shell corporations that allow for movement of funds. So Apple ends up having to pay a shell corp (that they own) for the rights to use the intellectual property for all the products they make and services they perform. So at the end of the day apple can say they really made no money as it was all paid to the shell corp. Now to skirt the withholding tax, they move the money through other countries that don't charge witholding taxes so skip a bit more of the tax bill again. Then the money from the shell corp gets lent back to the original company as a loan that is now tax deductible by apple and there you go. You can say that you are paying all the taxes owed without actually having to pay any of the taxes that every other business that plays by the books get to pay.

Find the big loopholes and take advantage of every one of these, and you get to stand up and say you pay all your taxes that you legally owe even though that amount is but pennies per thousand were everyone else gets to fork over 15-39% to the IRS for the privilege of working their ass off to try and make ends meet.

Now if companies like Apple actually paid the going tax rate without having these loopholes, the deficit could be wiped out, and your personal income tax would be 1/8 the amount that it is. Now the flip side to this is that the companies like apple would not be making nearly the amount of profit that they are. The value of the stock would plummet and those who have invested in those companies would loose money. So you can say that its a bad thing for those invested who happen to be the wealthy ones generally who are in power to make the changes required.