Yesterday, Outraged by Apple’s Tax Dodge. Today, by Its Tax Bill. – The New York Times

American lawmakers have for years been assailing companies for dodging taxes with overseas maneuvers. But now that the European Union has done something about it by trying to wrest back billions of dollars from Apple, those officials have offered a response viewed by many as rife with hypocrisy: collective outrage.

Tax avoidance has become a lightning rod as the presidential campaign has taken on a strong populist cast, and leading Republicans and Democrats in Congress have demanded that companies be forced to pay their fair share. Both Hillary Clinton and Donald J. Trump have vowed to crack down on deals that allow companies to relocate their headquarters overseas to lower their tax bills, and the Treasury Department has made limiting international loopholes a priority.

Despite all that, Apple — a company long accused of being overly creative at avoiding taxes — now has the federal government standing up for it after the European Union’s executive commission ordered Ireland on Tuesday to collect $14.5 billion in back taxes from the company.

And for at least some American politicians, the anger stems from a simple calculation: The tax money that the European Union extracts from Apple should be going to the U.S. Treasury, not that they had figured out how to make that happen.

Indeed. These politicians are essentially powerless to do anything about it. They’re getting laughed it by those in the boardroom, most likely, because some of these big companies are acting with impunity, stashing money in tax havens, and not paying what’s due in their home country.

Source: Yesterday, Outraged by Apple’s Tax Dodge. Today, by Its Tax Bill. – The New York Times

3 thoughts on “Yesterday, Outraged by Apple’s Tax Dodge. Today, by Its Tax Bill. – The New York Times

  1. Parroting a click-bait title and summing up with: “not paying what’s due in their home country.”

    You need to define what you think is “due”. Clearly it must be some amount more than the statutory obligation.

    Are there now “the laws of the land” and “Kirk’s laws”? Kirk’s laws must supersede the others, right?

    I expect better of you, Kirk. Usually, your positions reflect clear thinking but in this case you’re following the uninformed herd in condemning “evil tax-evading corporations”. “They’re all criminals!”

    The reality is quite different. Shame on you.

  2. I have to agree with Craig! And every time the talking heads on TV bring up “income inequality” and or “exploiting tax loopholes” demonstrating that they are hypocrites.

    Who is stupid enough NOT to take advantage of tax advantages? I’ve read the stream of articles about this, and am amazed at what I’m seeing. Rich people and corporations not paying their share?

    Are they saying Apple should not take advantage of tax laws? Really? Are they saying Apple should voluntarily pay more taxes than they actually need to? Or do they really not know what they’re talking about?

    You use the term “exploiting tax loopholes” as if that’s bad. What idiot doesn’t take advantage of tax loopholes?

    Any Apple shareholder with a third-grade education or higher would surely be pissed if they discovered Apple is NOT take every tax advantage!

  3. In the 1980s, the university at which I worked became an Apple university; and since then, I have used Apple products. My house is filled with them, as my offices were. This news makes me want to give up on them. It’s not like those billions are being used for the consumer; we pay premium prices for our ‘privilege’ to use Mac merchandise. Yes, Apple hasn’t broken laws, but the optics are terrible, when a corporation this rich has a tax rate hundreds of times lower than that of consumers. And it’s not that Apple makes the products in Ireland, providing employment: it’s all a dodge, unseemly and petulant. I’d be careful if I were Tim Cook; apart from the two commenters here, everyone I talk to, and everything I read, is behind the EU on this one.

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