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> since 2010, Apple’s foreign-earned income has been taxed at a rate of between 1 and 7 percent. Mr. Cook, do you believe this comports with the “moral responsi
by bambax 9y ago
> since 2010, Apple’s foreign-earned income has been taxed at a rate of between 1 and 7 percent. Mr. Cook, do you believe this comports with the “moral responsibility” you have advocated?
No, he doesn't believe that. He also doesn't care about "moral responsibility". He's the CEO of a mega-corporation. He cares about world dominance, competition, and profits.
It's completely useless to appeal to CEOs' moral sense; they probably don't have one and even if they do, they don't let it run their lives.
> Such “tax optimization” – albeit legal...
That's the whole problem. What would be useful would be to make laws that force corporations to pay proper taxes, and then ruthlessly enforce them.
Shame can help a little, maybe, but laws first.