CEO Cook To Defend Apple Before Senat...

CEO Cook To Defend Apple Before Senate Committee Hearing

There are 42 comments on the National Public Radio story from May 21, 2013, titled CEO Cook To Defend Apple Before Senate Committee Hearing. In it, National Public Radio reports that:

Giant technology firm Apple is paying billions of dollars less than it should in U.S. taxes each year, according to a report by the Senate Permanent Subcommittee on Investigations.

Join the discussion below, or Read more at National Public Radio.

bottlecap

Orlando, FL

#21 May 21, 2013
Lamer wrote:
<quoted text>

Point being that both Rommney and Obama are backed by legal tax cheats that neither of the plan to confront as they both make huge $$. You can play the blaim game and try to pin in on Obama but you only look foolish as your side does it just as much.
Yes, that is borne out by what a one-time audit of the Federal Reserve revealed.

http://www.silverdoctors.com/gao-audit-reveal...

GAO Audit Reveals Fed Gave $16 TRILLION to TBTF Banks From 2007-2010

Citigroup:$2.5 trillion ($2,500,000,000,000)
Morgan Stanley:$2.04 trillion ($2,040,000,000,000)
Merrill Lynch:$1.949 trillion ($1,949,000,000,000)
Bank of America:$1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom):$868 billion ($868,000,000,000)
Bear Sterns:$853 billion ($853,000,000,000)
Goldman Sachs:$814 billion ($814,000,000,000)
Royal Bank of Scotland (UK):$541 billion ($541,000,000,000)
JP Morgan Chase:$391 billion ($391,000,000,000)
Deutsche Bank (Germany):$354 billion ($354,000,000,000)
UBS (Switzerland):$287 billion ($287,000,000,000)
Credit Suisse (Switzerland):$262 billion ($262,000,000,000)
Lehman Brothers:$183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom):$181 billion ($181,000,000,000)
BNP Paribas (France):$175 billion ($175,000,000,000)
----------
TARP was the up-front Bailout which asked for 700 BILLION Plus.

The Behind the scenes BAILOUT, as determined by the Government Accounting Office, was over 16 TRILLION Plus. And this only covers a 2 1/2 year period.
Lamer

Norwalk, OH

#22 May 21, 2013
Le Jimbo wrote:
<quoted text>Legal tax cheats is an Oxymoron pookie. Every american is a legal tax cheat, even you and Obama.
We are talking about multinational corps. here. Not what you filed on your little w2.
Gary

Bellingham, WA

#23 May 21, 2013
Le Jimbo wrote:
<quoted text>Wonder why Obama didn't do that when he controlled both houses. Oh Yeah, he wants more taxes.
Controlling both houses is not enough. It depends on whether
the party in control can get a super majority in the Senate.
A simple majority is no longer enough.

The way it is now the minority can decide.

That's not democracy.
minority of one

West Chicago, IL

#24 May 22, 2013
Lamer wrote:
<quoted text>
We are talking about multinational corps. here. Not what you filed on your little w2.
So you do not take every deduction you are legally entitled to?
Lamer

Norwalk, OH

#25 May 22, 2013
minority of one wrote:
<quoted text>So you do not take every deduction you are legally entitled to?
Yes, but whether I do or not does still does not change the fact that we are talking about multinational corps filing their taxes across the globe then nesting it in a tax free haven and not americans paying their little w2s. apples and oranges.
minority of one

West Chicago, IL

#26 May 22, 2013
Lamer wrote:
<quoted text>
Yes, but whether I do or not does still does not change the fact that we are talking about multinational corps filing their taxes across the globe then nesting it in a tax free haven and not americans paying their little w2s. apples and oranges.
Nor does it change the fact that the US tax code allows both multinational corporations and individual taxpayers to shield large percentages of their income from taxes. They are doing nothing illegal it is all part of the tax code that both Democrats and Republicans have refused to change.
Lamer

Hopkins, MN

#27 May 22, 2013
minority of one wrote:
<quoted text>Nor does it change the fact that the US tax code allows both multinational corporations and individual taxpayers to shield large percentages of their income from taxes. They are doing nothing illegal it is all part of the tax code that both Democrats and Republicans have refused to change.
Umm, yes. If you would read the entire thread (its only 2 pages, not hard) you would see i have said that exact thing. Legal tax cheats. IN regards to Apple, it is a little different as they have a holding company in ireland which they have negotiated zero taxes for everything in that holding company. That holding company holds all the profits that apple supposidly already paid taxes on in other countries. You being an american and not a multination corp still has to pay US taxes on profits over sees regardless if you paid the other countries taxes.

That is one of the main differences between americans little w2 and giant multinational corps.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#28 May 22, 2013
Gary wrote:
<quoted text>
Controlling both houses is not enough. It depends on whether
the party in control can get a super majority in the Senate.
A simple majority is no longer enough.
The way it is now the minority can decide.
That's not democracy.
You don't need a super majority, you just need honest men.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#29 May 22, 2013
Lamer wrote:
<quoted text>
We are talking about multinational corps. here. Not what you filed on your little w2.
Really, when did you change the qualifiers. You are a hoot.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#30 May 22, 2013
Lamer wrote:
<quoted text>
We are talking about multinational corps. here. Not what you filed on your little w2.
So are you really going to say none of Rommneys big $$ donars are not legal tax cheats as well? YOUR POST.

You did say they were legal tax cheats. There is no such thing. Call Obama's boy Buffet that Obama claims what to pay more taxes, but never does. Buffet has now fought the IRS for three years over a couple million dollars. Does that show he wants to pay more. NO it doesn't.
Lamer

Hopkins, MN

#31 May 22, 2013
Le Jimbo wrote:
<quoted text>Really, when did you change the qualifiers. You are a hoot.
i never did. The orginal article was about a multinational corp. I do not know why you assumed anyone but you was talking about anything different.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#32 May 22, 2013
Lamer wrote:
<quoted text>
i never did. The orginal article was about a multinational corp. I do not know why you assumed anyone but you was talking about anything different.
I was going from your post, not some article that may exist.
Gary

Bellingham, WA

#33 May 22, 2013
Let's tell Apple to sell its stuff in Ireland from now on. If the corporation feels it has
no responsibility to the country that gave it
access to its economy, its laws, its people and the infrastructure that it needed to become so
successful, then let's tell Apple to depart.
And no shipping their product back into the U.S
without very hefty tariffs, since the corporation feels it owes this nation nothing.
minority of one

West Chicago, IL

#34 May 22, 2013
Gary wrote:
Let's tell Apple to sell its stuff in Ireland from now on. If the corporation feels it has
no responsibility to the country that gave it
access to its economy, its laws, its people and the infrastructure that it needed to become so
successful, then let's tell Apple to depart.
And no shipping their product back into the U.S
without very hefty tariffs, since the corporation feels it owes this nation nothing.
Are you going to hire there 50,000 US employees?
Lamer

Hopkins, MN

#35 May 22, 2013
Le Jimbo wrote:
<quoted text>You don't need a super majority, you just need honest men.
not against the Rs. That should be obvious by now since everything in the senate now takes a 60 vote super majority. They should have fixed the fillabuster rule when they could have but the Ds are spineless.
Lamer

Hopkins, MN

#36 May 22, 2013
Le Jimbo wrote:
<quoted text>I was going from your post, not some article that may exist.
Yes, my post in responces to your post trying to bring Obama and his donor GE into this when Rommney has the exact same donor doing the exact same thing. Again, this is only 2 pages long, it shouldnt be that hard to go back and read it.
Lamer

Hopkins, MN

#37 May 22, 2013
Gary wrote:
Let's tell Apple to sell its stuff in Ireland from now on. If the corporation feels it has
no responsibility to the country that gave it
access to its economy, its laws, its people and the infrastructure that it needed to become so
successful, then let's tell Apple to depart.
And no shipping their product back into the U.S
without very hefty tariffs, since the corporation feels it owes this nation nothing.
First off, Apple does pay taxes in the US, the $$ in ireland has been taxed in the country where the $$ was made then transfered to ireland.

second, Apple already employees 1000s of people in teh US so they are a vital part of the us economy

third, apple is about to move product of their macs to the US which means more high paying jobs, something not happening in many other industries.

fourth, you are unfairly singling out 1 corp of many who do the same thing. That will not fix the problem.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#38 May 22, 2013
Gary wrote:
Let's tell Apple to sell its stuff in Ireland from now on. If the corporation feels it has
no responsibility to the country that gave it
access to its economy, its laws, its people and the infrastructure that it needed to become so
successful, then let's tell Apple to depart.
And no shipping their product back into the U.S
without very hefty tariffs, since the corporation feels it owes this nation nothing.
Sure pookie, and what about GE that paid nothing for two years........you know your boy Obama's jobs czar.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#39 May 22, 2013
Lamer wrote:
<quoted text>
not against the Rs. That should be obvious by now since everything in the senate now takes a 60 vote super majority. They should have fixed the fillabuster rule when they could have but the Ds are spineless.
The D's are the one's that changed it from 2/3 to give them an edge in the first place. All 60 votes give you is an automatic yea, with no amendments and no discussion. That is not how the government used to work. That is what created gridlock.

“Hillary, thirty years of lying”

Since: Nov 08

Paris

#40 May 22, 2013
Lamer wrote:
<quoted text>
Yes, my post in responces to your post trying to bring Obama and his donor GE into this when Rommney has the exact same donor doing the exact same thing. Again, this is only 2 pages long, it shouldnt be that hard to go back and read it.
Ok, now I get it woodtick, took me a minute. No we were talking about individuals not corporations. Nice try but now cigar as Monica used to say.

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