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That's tax they might generate, but most of that is not tax paid by Apple. Consumers pay sales tax and duties go right into the price of the products, employees
by delinka 8y ago
That's tax they might generate, but most of that is not tax paid by Apple. Consumers pay sales tax and duties go right into the price of the products, employees pay income tax...
- ryanmercer 8y ago>That's tax they might generate, It's tax that would not have been paid if Apple did not exist. >and duties go right into the price of the products, And if the government said "Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... >employees pay income tax. Business owners must pay the federal government 6.2% of every dollar their worker makes until that annual salary reaches $113,700. Then 1.45% of all pay regardless of how high it goes for medicare. And unemployment insurance in whatever state.
- delinka 8y ago>It's tax that would not have been paid if Apple did not exist. You can credit Apple with generating those taxes, but they don't get credit for paying that tax on their profits. >"Apple must now pay 50% on every dollar they make" guess what would go right into the price of the products... Yes, Apple's prices would go up to compensate, and consumers would be footing the bill. >Business owners must pay the federal government 6.2% of every dollar their worker makes ... Business owners must collect that amount, so my pay is reduced by that amount - I am paying that tax, the employer is just the tax man's agent.
- themihai 8y agoYou can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy)
- ryanmercer 8y ago>You can also credit Apple for the companies that will never see the light because Apple had the tax advantage(not to mention some of its abusive practices towards competition/little guy) You can also credit Apple for the countless iOS developers that have made anywhere from a living to a fortune, that have all paid taxes on their earnings, that have also created likely hundreds of thousands of jobs for everything from customer support to developers inside those iOS development companies, all of which have had income and thus paid taxes, directly as a result of Apple existing.
- scarface74 8y agoBecause the little guy could have created an operating system, a global supply chain, designed thier own processors, etc. if it wasn’t because of Apple?