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Apple's tax rate may be just 9.8%

0. phoneArena 30 Apr 2012, 21:39 posted on

In case you're new to the world of global businesses and shady corporate practices, it is quite common practice for global corporations to use every tax loophole on the books in order to minimize what it needs to pay...

This is a discussion for a news. To read the whole news, click here

posted on 02 May 2012, 00:15

110. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


"WOW" is all that I can say to you for this statement

posted on 02 May 2012, 00:17

111. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


Herman Cain was a self serving idiot. IMHO

I do applaud his having that chic on the side until he ran for office.....not! ROFL

posted on 02 May 2012, 00:18 1

112. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


I don't need Taco to validate your thinking you do it all on your own!

posted on 02 May 2012, 00:28 1

113. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


This fair tax that you talked of may have its merit, but I may need more information on how it is administered.

I know the IRS won't like this law lol

posted on 02 May 2012, 07:11

114. remixfa (Posts: 14333; Member since: 19 Dec 2008)


we are not unique with our construction difficulties. Its a popular state, they overbuilt the hell out of it while the market bubble was going.. now there are tons of places that have never been lived in that are up for auction. Bad for owners, great for buyers. Not many places that you can live in the country that is in/near a major city and buy a 3k sq ft house with a decent yard for under 150k. Thats also why we have so many people purposely forclosing. Its only a 3 year hit on your credit now, so that people get back in the game faster. Upsidedown a ton on your mortgage? let it go, and 3 years later get a brand new house with twice the square footage for less money! Its almost like a game. The market isnt going to recover any time soon, so people are not worried about it.

no, i refuse to live in a high tax state. My family looks at taxes as part of the total picture when thinking of other places to move. My money is mine.. not the government's.
Whats funny is you spent the first part of your argument, arguing against consumption taxes, now you are proving how much better they work than punitive corporate taxes by bringing up FL and CA. FL's housing market may be in the slumps, but jobs still move here for the tax benefits. Most of FL's unemployment woe's stem from the construction industry.

I was a supporter of the 999 as well. Its not perfect, but its a hell of a lot better than what we have now.

Sales tax is the best solution. And it does support the economy fine. America ran on sales tax only for nearly 200 years before income tax was implemented in the early 1900's.. and we saw unprecedented growth and expansionism that withered as more and more income taxes were added. History 101. The less money you get in your paycheck, the less you are willing to spend. Its that easy. Give the people all of their money and they will spend all of it. They do now. With more of their paycheck, they will pump more of it into the economy. An extra 15-25% on your pacheck to spend boosts the economy much more than giving it to the government to blow on pet projects.

posted on 02 May 2012, 07:13

115. remixfa (Posts: 14333; Member since: 19 Dec 2008)


of course, it abolishes the IRS completely and makes them irrelevant. You will only need enough agents to enforce collection from the businesses.. and thats it. Politicians hate it because it greatly reduces their power. Liberals hate it because it stops income redistribution. But if it was ever implemented it would be an over night success like we have never seen, and it would convince the world that liberalism is the inferior idea once and for all.

posted on 02 May 2012, 07:15

116. remixfa (Posts: 14333; Member since: 19 Dec 2008)


wait.. hold up. for some reason i switched in my mind lucas for quik.. lol ignore the middle part about arguement switching. :)

posted on 02 May 2012, 07:18

117. remixfa (Posts: 14333; Member since: 19 Dec 2008)


if your referring to taco, taco gets special treatment because he is nothing more than a lying and inconsequential troll. I feel i treat him pretty fairly considering he has been barking at my heels for nearly 4 years, is almost always wrong, completely vile, lies through his teeth.. and more. We have a very.. special.. history.

I dont remember any time where i threw double digit insults at you during a conversation. Nice try though. Less "taste of your own medicine" and more "you cant control yourself".

posted on 02 May 2012, 07:36

118. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


You have insulted me a few time Mr....whether you can remember it or not is irrelevant. You have insulted me here and on the Sprint Site. Most people that are as arrogant and as insulting as you never remember insulting others!

I can control myself, but you should look in the mirror.

posted on 02 May 2012, 07:52

119. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


If you were smart enough to read the links that I posted you wouldn't say that ss was being raided before Bush. When Clinton left office ss had a 2.5 trillion dollar surplus according to the article links.

Age has nothing to do with you and I you are a keyboard "gangsta" with a big mouth, educated with tainted opinion.

I am just exposing your uneducated opinion with facts to back up the information that I post. I have decided to give you a taste of your own "gangsta" medicine. It's not so sweet when you are on the other side of someones insults is it!

From the many post that you have made I can access that I am speaking to you the way you need to be spoken too.

posted on 02 May 2012, 08:03

120. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


Tell me what's the difference between the "fair tax", and the "consumption tax"

posted on 02 May 2012, 08:09

121. remixfa (Posts: 14333; Member since: 19 Dec 2008)


on the sprint site? What are you talking about?

I generally only lob an insult if your completely off base and are demanding about it.. or acting like a tool already. I dont generally insult just to insult during a discussion because I dont agree, unlike what you have been doing here.

posted on 02 May 2012, 08:26

123. remixfa (Posts: 14333; Member since: 19 Dec 2008)


lol
you really crack me up. I love how you think your "educating me" with your half baked ideals on how to punish success.

There is no such thing as a surplus with government. That is a farce. That money was spent a long time ago. You think being insulted by someone by someone that cant properly argue his point and results to constant name calling hurts my feelings? Are you kidding? I'm keeping this conversation going because I'm laughing at your posts. This is comedy to me. You can think whatever you want about me.. it doesnt hurt my feelings one bit.

But its a really funny coincidence that the bulk of the people on this board that call me things like "clueless" and "uneducated" are some of the biggest trolls and most often wrong people that post.

The day smart people like Proto, King, Sniggs, Jeff, Michael, or any other of the posters I have respect for tell me im an uneducated moron with actual proof to back it up, is the day I start caring. If you think I named people that agree with me on most subjects, think again.

posted on 02 May 2012, 08:37

126. remixfa (Posts: 14333; Member since: 19 Dec 2008)


www.fairtax.org

go read.

posted on 02 May 2012, 09:04

129. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


"I generally only lob an insult if your completely off base and are demanding about it.. or acting like a tool already."

You just gave what I said merit with this phrase genius!

Who are you that you think you are so damn self righteous that it is ok to insult people, and fail to be able to take what you dish out? I am doing just what you do on this site cry baby!

When living in a glass house don't be too "QWIK" to throw the 1st stone! rofl

posted on 02 May 2012, 09:08

130. remixfa (Posts: 14333; Member since: 19 Dec 2008)


u obviously skimmed over the whole part where I admitted to only carrying on this conversation because I'm laughing at you. :) Im taking all your insults just fine. They are not bothering me one bit. I'd have to respect you first for the insult to stick. I'm pretty sure I just explained that.. but obviously your not reading, your skimming.
total silliness.

posted on 02 May 2012, 09:12

131. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


"lol
you really crack me up. I love how you think your "educating me" with your half baked ideals on how to punish success."

O.K. Mr. Genius why don't you quote where I have punished success. Expose me for that if you would. You just seem to keep exposing yourself to be ignorant and kind of self absorbed.

If I reference the truth about tax evasion, and how its done that's not punishing success its exposing the loop holes that created that "success"!

HP, and Dell are 2 companies that come to mind. Both cut jobs and sent them over seas because they are fresh out of bold innovative ideas. Dell cut its work force and sent jobs to a little Mexican town out side of California to cut cost to the bottom line due to poor stock performance.
Hp even killed off what was left of Palm, because of their lack of creativity with a great OS!

posted on 02 May 2012, 09:37

133. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


Then I guess we are laughing at each other. Go read some of your post and you just might cry about just how ignorant you really are! If my post didn't bother you you wouldn't be whining like a sissy all over the place ROFL SISSY I have a skirt, and pom poms for you to go cheer for the people that are robbing you of your future! Want some lip stick too lmao

posted on 02 May 2012, 09:52

134. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


I have read that information, and I am asking "you" what's the difference between the "fair tax", and the "consumption tax".

From what I have gathered they are the same, and if this is so Taco's premise is right. Since you are the leading "fair tax" export explain the difference if you would. Again I have read that sight and all that it explains about the fair tax! Here is your chance to shine!

posted on 02 May 2012, 10:18

135. QWIKSTRIKE (Posts: 1201; Member since: 09 Mar 2010)


[PDF]
A Consumption Tax versus a Federal Income Tax in the ... - FairTax
www.fairtax.org/site/.../A_Consumption_Tax_versus_a_Federal.pdf?...
File Format: PDF/Adobe Acrobat - Quick View
by SAR Tomlinson - Related articles
This thesis makes a comparison between a consumption tax and the current ..... Initially, in the United States taxes were applied to the different states based on ...

Based on the fair tax org site they seem to be the same the "fair tax" and "consumption tax". In fact if they are the same then I was correct when I posted way back when I posted about this and the VAT link.

What you fail to recognize is that I don't think the VAT is worthy of any thing, and never suggested that it was. However; the judgement rendered against the consumption and VAT happened to be in that same link.

Again if they are the same "Taco", and "Jeffdabeat" are correct. Instead of ranting, and going off in different childish tangents you can refute this with supporting fact not opinion or just shut the "F" up Forrest Gump!

posted on 02 May 2012, 17:43

140. remixfa (Posts: 14333; Member since: 19 Dec 2008)


if i had to chose I'd rather have no corperate taxes than no income taxes.. Making us the worlds largest corperate tax haven has hundreds of advantages including massive job growth and eventual increased job competition for good candidates which will lead to increased pay and benefits just like they did in the big expansion in.the late 80s, 90s and early 2000s
the Problem with that is that taxes will be offset elsewhere .. directly on to the populous Instead of indirectly through corperate taxing. so that's pretty unlikely to pass.

I dont understand your point about buying elsewhere to save taxes. if you buy anything legally anywhere in the US you pay the tax. a very very small percentage might try to live off the black market but that will be offset a thousand fold by all the new taxes we get from illegals and everyone else who currently pays no income tax. that's 12-20 million + new tax payers just from illegals.

posted on 02 May 2012, 17:12

138. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)


i did not say herman cain was good.. i said the 999 tax plan was good

posted on 02 May 2012, 17:19

139. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)


i see your point but i do not agree with total sales tax... nor do i agree with total income tax... just a moderate amount of both... what really should not be taxed is corporate tax-- i was mixing up corporate and sales tax in my mind so my bad... but for sure the 999 tax plan was one of the best as the current tax plan is something like 12000 times as large as the constitution...

and the thing about the only sales tax is that in this global economy people might simply buy from somewhere else... it really needs to just be spread out everywhere in order to reduce strain in certain sectors and minimize damage if a sector crashes... i wish i could say governments dont need more than the amount of money they would get from just a small sales tax but they do... if we went back to adam smith's ideas than maybe not but that is another story...

posted on 02 May 2012, 18:11

141. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)


corporate taxes that limit business just are a bad idea in general... i mean look at europe right now...

my point at the bottom really relates to how the tax code is right now... if it were reformed to a simple 999 like plan, then what you said is valid... but for instance living in california i pay taxes for things from ebay/amazon, but u living in florida pay none because it is an internet exemption or something... and ya over 50% of america right now pays no federal income tax... if we were to reform the tax then all taxes would go down and it would just be better-- what your saying doesnt apply with the complicated tax code of today

posted on 02 May 2012, 18:22

142. remixfa (Posts: 14333; Member since: 19 Dec 2008)


that's why I'm a huge supporter of the fair tax.
wipe out the code and the IRS.

posted on 30 Apr 2012, 22:31 4

4. parkwaydr (Posts: 572; Member since: 07 Sep 2011)


And yet their prices will remain at the sky high level they are now, its no wonder they have enouph money to keep every one in tied up in court, I don't know who looks worse, greedy corps or the ignorant people who, ehem, flock, to support them because its the cool thing to do.

posted on 30 Apr 2012, 23:52 1

6. appleDOESNT.com (banned) (Posts: 456; Member since: 19 Nov 2011)


wait... what? iOSarena basically slandering Apple? love it! bout time phonearena, nice to have you back!

posted on 01 May 2012, 00:05 7

7. MichaelHeller (Posts: 2705; Member since: 26 May 2011)


1) if you think we're still iphonearena, you obviously haven't been reading recently.

2) look up the word "slander" and compare it to the word "report". I think you'll be surprised

posted on 01 May 2012, 04:55 1

14. PhoneArenaUser (Posts: 5498; Member since: 05 Aug 2011)


"if you think we're still iphonearena..."

That's mean you was?

posted on 01 May 2012, 07:52 1

24. tedkord (Posts: 12861; Member since: 17 Jun 2009)


"If you think we're still..."

That sounds like an admission PA was heavily biased.

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