Linked by Thom Holwerda on Sun 29th Apr 2012 12:22 UTC
Apple "Apple, the world's most profitable technology company, doesn't design iPhones here. It doesn't run AppleCare customer service from this city. And it doesn't manufacture MacBooks or iPads anywhere nearby. Yet, with a handful of employees in a small office here in Reno, Apple has done something central to its corporate strategy: it has avoided millions of dollars in taxes in California and 20 other states." Sure, this is all legal for companies to do (and Apple obviously isn't alone) but it does show you how much sense of morality companies have. Answer: none. But hey, it's legal, and the law is never wrong, right?
Thread beginning with comment 516181
To read all comments associated with this story, please click here.
waaa?
by helf on Sun 29th Apr 2012 12:40 UTC
helf
Member since:
2005-07-06

Don't like it? Work to fix the loopholes. Having a ridiculously complicated tax codes allows for these issues. I don't blame companies for working their hardest to avoid taxes when it's /so easy/ to legally save billions.

How is it immoral?

Reply Score: 6

RE: waaa?
by Almafeta on Sun 29th Apr 2012 13:54 in reply to "waaa?"
Almafeta Member since:
2007-02-22

Having a ridiculously complicated tax codes allows for these issues.


If you consider the US tax code to be 'ridiculously complicated'... oh boy. @_@

The US tax code is one of the simplest out there. And the reason these tax loopholes exist is because of this simplicity: you can't be taxed for money that you don't earn under US jurisdiction.

Fixing this would require the law to either assign an 'intent' to money, or for the law to declare it has jurisdiction over money earned outside the US. Neither would sit well... well, anywhere.

Reply Parent Score: 2

RE[2]: waaa?
by helf on Sun 29th Apr 2012 14:09 in reply to "RE: waaa?"
helf Member since:
2005-07-06

Is it really? Lol. All I've ever read/heard states the US tax code is pretty messy and horrible. If its simplistic versus other countries... Thats kinda scary.

Reply Parent Score: 2

RE: waaa?
by cfgr on Sun 29th Apr 2012 14:08 in reply to "waaa?"
cfgr Member since:
2009-07-18

That reminds me of some old story. At a wedding in a poor town every guest was asked to bring some wine which would be poured in a big barrel. As the guests arrived, the barrel was eventually filled. When it was time for the big dinner, the host opened the barrel and all that everyone got was a glass of water...

It's not illegal to avoid taxes, but it's still very immoral because basically you assume everyone else is going to pay their share and therefore you can get away with your greed. When too many people/companies do that, you end up with nothing.

And please, don't even start about "taxes = theft". Here in Belgium, for a single person, tax freedom day is somewhere in October(!), thát is theft. However, it's still no excuse to avoid paying your share by putting the burden on everyone else. The only path forward is having tax law changed and increasing government efficiency.

Reply Parent Score: 8

RE[2]: waaa?
by helf on Sun 29th Apr 2012 14:14 in reply to "RE: waaa?"
helf Member since:
2005-07-06

oh, trust me, I do not believe taxes = theft. I'm just on the fence over it being immoral when its just abusing the system legally.

BTW, I love your story. Never heard it and it explains it so succinctly. ;)

Reply Parent Score: 2

RE: waaa?
by Alfman on Mon 30th Apr 2012 05:31 in reply to "waaa?"
Alfman Member since:
2011-01-28

helf,

"How is it immoral?"

To be honest, it would not be immoral if was got at through a democratic process and we genuinely believed that these large corporations should not pay taxes like others do. As much as corporate apologists like to treat corporations as morally innocent & non-responsible entities, that notion breaks down rather quickly considering how much they control the government these days.

Reply Parent Score: 3