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>While governments then pump most of their revenues back into their own militaries, welfare systems, and infrastructure, Apple pays its suppliers and its worker
by minikites 8y ago
>While governments then pump most of their revenues back into their own militaries, welfare systems, and infrastructure, Apple pays its suppliers and its workers market rates and then counts billions leftover—$48 billion in profit last year alone. No country comes even close to running such a surplus, and no corporation’s is within $20 billion of that amount.
Numbers like this are why I don't understand the argument that "taxes are too high".
- beamatronic 8y agoBecause of greed. For some people they can never have enough.
- neolefty 8y agoPerhaps also because of cynicism — "Government is doomed; logically we should starve it." And possibly naivete — "I'll be better off without government holding me back." Not that I'm biased in favor of civilization, government, and a peaceful, just society ...
- kgarten 8y agoTaxes were never meant for the rich ... at least that's what I took away from "Debt: the first 5000 years".