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I get where you are coming from but what needs to change is the tax code, no public company, hell no normal individual, is going to pay more taxes than legally
by strikelaserclaw 6y ago
I get where you are coming from but what needs to change is the tax code, no public company, hell no normal individual, is going to pay more taxes than legally required.
- SirensOfTitan 6y agoSure, but the immense amount of political capital Apple and other similar companies hold ensures that the tax code won't change.
- meowface 6y agoYes, and for businesses it's additionally a typical arms race/coordination problem. If every company except yours is using a certain legal tactic to pay lower taxes, you're at a competitive disadvantage if you don't use the same tactic. Only law and law enforcement can prevent the inevitable outcome of everyone using it.
- krferriter 6y agoThe problem is they use the money they have to lobby and influence in favor of those beneficial tax loopholes and policies. It's a self-reinforcing cycle that we need to break.