Linked by Thom Holwerda on Tue 21st May 2013 21:45 UTC
Legal "There's a disconnect between how Apple CEO Tim Cook sees his company's tax strategies and how some members of the US Senate view it. That became clearer than ever today after Cook and two other Apple executives testified before Congress, explaining why they're holding most of their international income in Irish subsidiaries like Apple Operations International, which declare no tax residency anywhere in the world. AOI hasn't filed a tax return anywhere in the world for the last five years, yet it earned $30 billion in income from 2009 to 2012, according to a Senate report released yesterday." Just because something is legal, doesn't mean it's just. Apple, Google, Microsoft, and many more - these companies might not be breaking any laws, but it's obvious to anyone that what they are doing is scummy.
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RE[3]: Comment by MOS6510
by Shane on Wed 22nd May 2013 12:53 UTC in reply to "RE[2]: Comment by MOS6510"
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Pretty much. There's nothing ethical about taxes. It's a legal device. An imperfect device with arbitrary rules.

I pay more taxes than the average citizen in my country. Sure, I also earn more than the average citizen. But I work way more too. However, the way in which I'm taxed is thus: the more I earn, the higher the taxed percentage of my income is.

I'm still one person. I use the same amount of healthcare and other facilities as the average citizen. I pay more taxes because the state has decided that I can afford to. Yet I only earn more because I also work more.

Taxation is not about ethics. Don't pretend it is.

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