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former9thward

(33,424 posts)

13. Little or no taxes?

Tue May 21, 2013, 05:29 PM

May 2013

Apple pays more income tax than any other corporation or person to the U.S. They pay 2.5% of all corporate income tax collected by the U.S. I guess $6 billion a year is not enough for you. How much does Berkshire Hathaway pay? And why so little compared to Apple? Oh that's right they are the company that owes the IRS taxes back to 2002. http://www.huffingtonpost.com/2011/08/29/warren-buffett-taxes-berkshire-hathaway_n_941099.html

http://www.macrumors.com/2013/01/04/apple-paid-6-billion-in-federal-income-tax-in-2012-140-of-all-u-s-corporate-income-tax-collected/

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Apple CEO Tim Cook says Made-in-USA Mac will be assembled in Texas [View all] onehandle May 2013 OP

So... still not Made in America. Blue State Bandit May 2013 #1

Tax-free Texas. nt tridim May 2013 #2

But are they going to pay any taxes on them? KamaAina May 2013 #3

Exactly! dixiegrrrrl May 2013 #10

Little or no taxes? former9thward May 2013 #13

go argue with Josh Marshall at TPM dixiegrrrrl May 2013 #14

The numbers I found were a little different, it has Apple paying 14.2 billion. hughee99 May 2013 #18

I think your number may be total taxes. former9thward May 2013 #25

Per your link, Berkshire is paying an effective tax rate of 29% high density May 2013 #20

Per my link Berkshire is a tax cheat. former9thward May 2013 #26

Says the New York Post two years ago, who said they were going to fix the problem last year. high density May 2013 #34

I am just not part of the "I live to hate Apple" group. former9thward May 2013 #35

"Today, Cook also reiterated that Apple is building a new administrative campus in Texas." SoapBox May 2013 #4

PR Smoke Screen CBGLuthier May 2013 #5

Unless he's planning on building a fab, I'd say the Pacific Rim jmowreader May 2013 #30

Which regressive, authoritarian economy do I want to support? politicat May 2013 #6

Not interested, not even if you gave it away. closeupready May 2013 #7

Good grief Augiedog May 2013 #8

I worked at Dell christx30 May 2013 #31

Did you emerge from it as a "Dellionaire"? Paladin May 2013 #37

Not really. christx30 May 2013 #39

Glad to hear it. (nt) Paladin May 2013 #40

The profits from the sales, however, will be stashed in Ireland. marmar May 2013 #9

The secret of Texas' recruitment is... TRoN33 May 2013 #11

There is a silver lining to that "recruitment" however: kentauros May 2013 #22

I also may add... TRoN33 May 2013 #12

"Assembled in Texas" doesn't mean "Made in USA." PSPS May 2013 #15

Where was what you are posting on assembled? onehandle May 2013 #16

Depends on where the chips are made rightsideout May 2013 #28

I thought Apple supported gay rights? ForgoTheConsequence May 2013 #17

CEO Tim Cook is gay. Most powerful gay businessman in history. nt onehandle May 2013 #19

OK? ForgoTheConsequence May 2013 #21

Money and personal power often times wins out over principles for many penultimate May 2013 #29

I guess Texas has finally made it to third world status SpearthrowerOwl May 2013 #23

I guess the 3.3 million Texans who voted for Obama don't count with you.... Paladin May 2013 #38

I live in Texas (Houston) SpearthrowerOwl May 2013 #41

Fair enough. Apologies for any misunderstandings. (nt) Paladin May 2013 #42

I'll stick to my Samsung thank you. n/t cosmicone May 2013 #24

So 100% of your money goes to Korea and China. onehandle May 2013 #27

Samsung, unlike Apple, actually manufactures in the U.S. Xithras May 2013 #36

it so they can make melm00se May 2013 #32

"USA Mac will be assembled in Texas" - assembled - ConcernedCanuk May 2013 #33