"Keeping a quarter trillion dollars of profit offshore (Reply #57)

In the discussion thread: Sanders accuses Apple of 'throwing pennies at a housing crisis' it 'helped create' [View all]

Tue Nov 5, 2019, 07:16 PM

Hav (5,792 posts)

57. "Keeping a quarter trillion dollars of profit offshore

in order to avoid paying billions of dollars"

I see that point repeated here several times but why should they? It's profit generated worldwide outside the US. They are creative with their taxing there as well btw but it's not money stolen from the US. They just leave it overseas because they'd lose a buttload of money.

Anyways, no need to bash Apple when it's investing. I guess the recipients will welcome the help even if it's supposedly pennies for some.

If I were to vote in a presidential
primary today, I would vote for: Joe Biden

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Replies to this discussion thread

69 replies	Author	Time	Post
Sanders accuses Apple of 'throwing pennies at a housing crisis' it 'helped create' [View all]	crazytown	Nov 2019	OP
Let's Not Do Anything Then	Me.	Nov 2019	#1
Exactly.. it's bizarre!	Cha	Nov 2019	#3
Great Minds?	Me.	Nov 2019	#5
Oh well	Thekaspervote	Nov 2019	#31
Sort of like Bernie grudgingly backing Hillary's health care effort in 94.	Blue_true	Nov 2019	#59
Agreed!	Rebl2	Nov 2019	#12
Wow.. Thanks Apple! They're actually doing IT.	Cha	Nov 2019	#2
A lot of voters will ask why Bernie hates American business so much?	TexasTowelie	Nov 2019	#6
I know! What are they	Cha	Nov 2019	#9
Business and "Wall Street". Yet, if you look at his Senate financial filings, you'll see....	George II	Nov 2019	#14
Not only that... guess who his biggest seller/distributor is for his books.	NurseJackie	Nov 2019	#40
Yes, if Amazon is so bad, why sell your books there? Not very ... um ... authentic.	betsuni	Nov 2019	#41
Is it a river in Brazil?	George II	Nov 2019	#52
Another plan that will never be adopted. nt	TexasTowelie	Nov 2019	#4
I read Bernie's statement	ritapria	Nov 2019	#7
Apple is investing $2.5B in housing in California. Why is he accusing Apple of "creating"....	George II	Nov 2019	#15
And, $2.5 Billion is now	Cha	Nov 2019	#18
I wish I had $2.5 billion worth of "pennies"!	George II	Nov 2019	#19
It's so ridiculous to call Billions "pennies"	Cha	Nov 2019	#22
When big tech companies move in to a city	rainy	Nov 2019	#33
So, Apple has invested 10% of it's profits in affordable housing? Good for them!	LongtimeAZDem	Nov 2019	#46
$2.5B is enough to BUY 5,000 decent 2 bedroom/2bathroom condos	lapfog_1	Nov 2019	#8
Not you, but GMAFB! That from a guy who gave all of $18,000 on almost $600,000 income in 2018....	George II	Nov 2019	#10
Crumbs...	billpolonsky	Nov 2019	#11
More "crumbs" than anyone else, including the one that is bashing Apple for doing this.	George II	Nov 2019	#16
It's hardly a crumb	ritapria	Nov 2019	#17
No it's $2.5 Billion $$$$ which the people who	Cha	Nov 2019	#20
Like the crumbs Sanders donated to charity last year? Those crumbs?	oldsoftie	Nov 2019	#24
Sanders announces his "Housing for All" plan in September and now Apple announces this.	betsuni	Nov 2019	#13
I am a tad confused here.	sheshe2	Nov 2019	#21
What's Amazon got to do with this? You mean Apple?	lostnfound	Nov 2019	#37
Apple put the money up.	Blue_true	Nov 2019	#60
Oh BS	Lithos	Nov 2019	#23
Even earlier. Go way back to founding of Stanford U. Always a hub of innovation in multiple	emmaverybo	Nov 2019	#28
Sorry, Bernie, but Rep Omar just stopped your progress with her remarks at your rally	oldsoftie	Nov 2019	#25
Bernie runs on anger-fuel. Maybe anger is his inspiration. But so misplaced here. Celebrate	emmaverybo	Nov 2019	#26
Apple does a good deed and Bernie is pissed. Pretty strange by my reckoning.	comradebillyboy	Nov 2019	#27
Yes! Yes!	emmaverybo	Nov 2019	#29
Excellent point, comradebillyboy!	Cha	Nov 2019	#32
who but Bernie...	myohmy2	Nov 2019	#30
big tech moves in displacing low wage earners who still need their jobs	rainy	Nov 2019	#34
"Google and Apple choose crowded very hip cities to move into"	crazytown	Nov 2019	#36
Apples growth in San Francisco has absolutely	rainy	Nov 2019	#38
And eBay, Facebook, Google, Oracle, Netflix, Paypal, Tesla and Twitter	crazytown	Nov 2019	#48
It became a tech hub. I never blamed Apple	rainy	Nov 2019	#50
"Does that make sense to you?"	crazytown	Nov 2019	#51
One of the problems that I see with the Bay Area	Blue_true	Nov 2019	#65
The image you described happens all over the country.	Blue_true	Nov 2019	#64
Cities are dynamic. They always will be.	brooklynite	Nov 2019	#53
True, but one problem is city leaders typically do a poor	Blue_true	Nov 2019	#66
Agreed: I teach a class on this at NYU	brooklynite	Nov 2019	#69
Apple has been there since the early 70s.	Blue_true	Nov 2019	#63
Don't blow of the fantasy of the evil Corp parachuting into happy-land and screwing things up.	Blue_true	Nov 2019	#62
The phenomenon is being repeated in Austin, Texas	dalton99a	Nov 2019	#49
Obsurd.	Blue_true	Nov 2019	#61
"Ev'ry time it rains, it rains pennies from Apples"	oasis	Nov 2019	#35
Leave the billionaires alone!!!11	RandiFan1290	Nov 2019	#39
But millionaires are okay.	betsuni	Nov 2019	#42
I'm sure they are	RandiFan1290	Nov 2019	#43
Isn't Sanders a one percent earner?	TidalWave46	Nov 2019	#45
Apple is donating $2.5 BILLION $$$ for Affordable Housing	Cha	Nov 2019	#54
Since Sanders has hit the national stage....	TidalWave46	Nov 2019	#44
Absolutely.	Cha	Nov 2019	#55
+1	betsuni	Nov 2019	#56
Bernie has a burn it down mindset, without thinking deeply with what he will replace it with.	Blue_true	Nov 2019	#67
So, Bernie Sanders is opposed to paying employees a living salary...	brooklynite	Nov 2019	#47
"Keeping a quarter trillion dollars of profit offshore	Hav	Nov 2019	#57
Bernie is calling out things that need to be called out.	Joe941	Nov 2019	#58
I disagree. If you want to know why, I have posted several times in this thread.	Blue_true	Nov 2019	#68

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