4 ms·

"Everything about Apple is an only-in-America story." That is so ridiculous. Maybe you need to take a deeper look at a Mac and see where much of that innovatio

• cpeterso 15y ago
  And where Apple hardware is built today (i.e. not America).
• toyg 15y ago
  That makes it even worse, to be honest. They're pillaging talent and resources from across the world, and not paying their fair share anywhere.
  • barry-cotter 15y ago
    You do realise they pay all taxes they are obliged to pay in every jurisdiction they operate in, right?
    • toyg 15y ago
      Of course, but they'll pool all the profits they can in the jurisdiction that forces them to pay the lowest rate of tax or no tax at all (i.e. Caribbean tax havens), regardless of the actual source of revenue, source of talent, or production location. This is morally unacceptable, if currently legal; laws can and should be changed to account for a changed, more globalized world. If you design in California, produce in China and sell in Europe, you shouldn't be allowed to shelter your profits in Caribbean tax havens instead of giving back to the societies that made you successful in the first place. We need better treaties among countries to adequately tax large capital movements across the world. Note how the Chinese try to sidestep the problem by heavily restricting capital flow in exit. This has never been a viable policy for capital-rich countries with saturated markets, of course; but as we've been seeing since 2008, US and EU markets are not as capital-rich as we thought, after all. This doesn't mean that we should blindly follow Chinese policies, of course, but maybe a degree of restriction should be introduced.