Corporations are the new kings and we and our goverment are their serfs.
The title of the article should be changed to "Government asks Apple to
explain why the Tax system is so full of loopholes".
congress made it so they could do this legal. just like romney, ahuge amount of
money is out of country. banks do it too.
Worked for GE, Obama's biggest contributor.
And repubs have the nerve to call for more taxes to be placed on the poor and
middle classes while one corporation refuses to pay BILLIONS? Unbelievable. How
about we talk about the 47 percent if corporations which skip out on paying
taxes while making record profits? If you folks have so much money for
outrageous bonuses to your CEOs then you obviously have enough money to pay
taxes. The rest of us are just trying to make ends meet.
Do YOU pay taxes that the law doesn't require you to pay? Do you know
anyone that does? Why should we expect corporations to pay taxes that they are
not legally required to pay when individuals will take every tax break they are
legally allowed and congratulate each other for it? Why is it only evil when a
multi-billion dollar company does it?No one is asserting that Apple
broke the law; only that the law allows Apple and other large companies to avoid
paying taxes. But the law allows individuals to avoid paying taxes for all
sorts of things as well, for everything from owning a home to having
children.Congress really should sit down and interrogate itself
about why the tax code is so stupid.