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  #31  
Old Apr 30, '12, 6:46 pm
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Default Re: How Apple Minimizes its Corporate Tax Burden

Corporations are paper entities and shouldn't even be taxed.
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  #32  
Old Apr 30, '12, 6:47 pm
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by buffalo View Post
Corporations are paper entities and shouldn't even be taxed.
The government is a paper entity and shouldn't be taxing anyone.
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  #33  
Old Apr 30, '12, 6:49 pm
EmperorNapoleon EmperorNapoleon is offline
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by buffalo View Post
Corporations are paper entities and shouldn't even be taxed.
Not anymore. They're people now according the Supreme Court and people can and should be taxed.
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  #34  
Old Apr 30, '12, 8:03 pm
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Brendan Brendan is offline
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by Scott_Lafrance View Post
Warren Buffet? Apparently he gripes and complains alot that he doesn't pay enough taxes (and yet maintains an army of accountants and tax attorneys......for what reason?).
Neither him nor Obama. The IRS has an account for people who would like to contribute more taxes. Very few people use it.
http://www.fms.treas.gov/faq/moretopics_gifts.html

You can even specify how this should be used ( health care, debt reduction, military, education)

But even Pres Obama specifically decided not to personally pay more in taxes.
http://www.sodahead.com/united-state...stion-2590255/

So anyone who feels that they are being under taxed has an option to pay more if they wish. It seems that even those who want higher taxes are not willing to pay for it themselves.
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  #35  
Old Apr 30, '12, 8:18 pm
gamewell45 gamewell45 is online now
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by ComputerGeek25 View Post
So you can't give us a specific number that Apple should be taxed, other than it should pay something greater than it does?
You are correct; that is as specific as I can get.
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  #36  
Old May 1, '12, 6:52 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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I agree that apple has an obligation to its customers, employees and shareholders, but again, paying their fair share is a cost of doing business.
How can a non living entity pay its fair share?
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IDvolution - God "breathed" the super language of DNA into the "kinds" in the creative act. Buffalo

"We are not some casual and meaningless product of evolution. Each of us is a thought of God."

“Science presupposes the trustworthy, intelligent structure of matter, the ‘design’ of creation.”

"A man of conscience, is one who never acquires tolerance, well- being, success, public standing, and approval on the part of prevailing opinion, at the expense of truth."
Pope Benedict XVI

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  #37  
Old May 1, '12, 6:53 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by EmperorNapoleon View Post
Not anymore. They're people now according the Supreme Court and people can and should be taxed.
They are? What sex are they?
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IDvolution - God "breathed" the super language of DNA into the "kinds" in the creative act. Buffalo

"We are not some casual and meaningless product of evolution. Each of us is a thought of God."

“Science presupposes the trustworthy, intelligent structure of matter, the ‘design’ of creation.”

"A man of conscience, is one who never acquires tolerance, well- being, success, public standing, and approval on the part of prevailing opinion, at the expense of truth."
Pope Benedict XVI

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  #38  
Old May 1, '12, 6:53 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by Scott_Lafrance View Post
The government is a paper entity and shouldn't be taxing anyone.

I thought the government was the people.
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IDvolution - God "breathed" the super language of DNA into the "kinds" in the creative act. Buffalo

"We are not some casual and meaningless product of evolution. Each of us is a thought of God."

“Science presupposes the trustworthy, intelligent structure of matter, the ‘design’ of creation.”

"A man of conscience, is one who never acquires tolerance, well- being, success, public standing, and approval on the part of prevailing opinion, at the expense of truth."
Pope Benedict XVI

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  #39  
Old May 1, '12, 6:56 am
ComputerGeek25 ComputerGeek25 is offline
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by EmperorNapoleon View Post
Lower them any further and we'll be paying companies to stay.
I think you're missing the point. The reason they are off shoring money is to avoid taxes in the first place. This could have been avoided if we did away with all loopholes and deductions and had a standard/fair corporate tax rate in the first place.

As it stand now, you're incenting people and corps to take advantage of any loop holes and deductions. As another poster indicated, I don't know of anyone who wants to increase their tax burden - so they will legally use any and all means to lower it.
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  #40  
Old May 1, '12, 7:13 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by buffalo View Post
I thought the government was the people.
Go to a national park, set up camp, and hunt there. When the park ranger puts you under arrest, tell them that. See how far you get.
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  #41  
Old May 1, '12, 10:08 am
stevegravy stevegravy is offline
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Default Re: How Apple Minimizes its Corporate Tax Burden

I have but one thing to add for consideration. Congress lied to us to start the bloody tax in the first place. It was unconstitutional until 1913. It was sold to the under-educated by the progressives with the appeal to class warfare it was only going to affect the rich and pay off our war debts. Now the lie is almost 100 years old guess how bad the lie will be 100 years from now. If the country hasn’t fallen apart by then.
As an American taxpayer it is your solemn duty to keep as much money from the IRS as you LEGALLY can. You cannot lie to them that is breaking a commandment but if there is a gray area of question if a deduction is proper then it is. It is your money use it as you need to.
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  #42  
Old May 1, '12, 10:27 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by EmperorNapoleon View Post
Not anymore. They're people now according the Supreme Court and people can and should be taxed.
That is true; it's called a legal fiction.

Corporations are "people" and have some similar rights as people (Freedom of speech, freedom of the press, the ability to own private property). If they weren't "people", then they wouldn't have these rights because the Constitution only endows these rights on people.

Now they could be granted similar rights but they would not be guaranteed and could be withdrawn, unlike people who's rights cannot be (reasonably? I'm not a constitutional scholar, but I know in Canada we have "reasonably" in ours) taken away.
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  #43  
Old May 2, '12, 3:38 pm
EmperorNapoleon EmperorNapoleon is offline
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by ComputerGeek25 View Post
I think you're missing the point. The reason they are off shoring money is to avoid taxes in the first place. This could have been avoided if we did away with all loopholes and deductions and had a standard/fair corporate tax rate in the first place.
I'm not missing the point at all. If the premise is that high tax rates are driving companies oversees then we'd have to pay them to stay because, for the vast majority, the effective tax rate is 0.

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What sex are they?
The Citzens United decision wasn't that specific.
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  #44  
Old May 2, '12, 6:35 pm
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by EmperorNapoleon View Post
I'm not missing the point at all. If the premise is that high tax rates are driving companies oversees then we'd have to pay them to stay because, for the vast majority, the effective tax rate is 0.



The Citzens United decision wasn't that specific.
The crux of the Citizens United decision regarding corporations being regarded as "persons" is the right to own property. One of the key tenets of the capacity of ownership is identity of the owner. Corporations are specific that way. If someone needs to know who owns something and the answer is XYZ Corporation, you can go to XYZ corporation, find the stockholders and their number of shares, and know exactly who owns it and how much of a controlling share they have of it. That is why the "government" can't own anything. The "government" is an idea on paper. There is no tangible way to express how the government owns anything and how the rights of inheritance are determined.
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Any people anywhere, being inclined and having the power, have the right to rise up, and shake off the existing government, and form a new one that suits them better. This is a most valuable - a most sacred right - a right, which we hope and believe, is to liberate the world.

- Abraham Lincoln
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  #45  
Old May 3, '12, 7:09 am
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Default Re: How Apple Minimizes its Corporate Tax Burden

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Originally Posted by EmperorNapoleon View Post
Not anymore. They're people now according the Supreme Court and people can and should be taxed.
Actually the Court made no such ruling.


In Citizens United v. Federal Election Commission the court held that the First Amendment must protect the free speech of individuals and that the First Amendment does not tolerate prohibitions of speech based on the identity of the speaker. Because corporations are groups of individuals, the corporation speaking for the group of individuals must receive the same free speech privileges as individual citizens.
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