Quote:
Originally Posted by Mutt
Link me to this story. On this point I agree with you, and why I am for a flat tax and/or a national sales tax on everything that would replace current tax codes and all the loopholes associated with them. Make a billion dollars in profit, pay 250 million of it into the community pot as the price of doing business and living in a civilized country. But the vast majority of the poor aren't poor because 85 people have the wealth of 50% of the world's population or the hundreds of thousands of millionaires.
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They saved 9B+ in taxes by borrowing 17B. I have no problem with what Apple did, the current rules allow it. Just as the NY Yankees can go out and buy championships under the MLB rules... until things like luxury taxes were implemented. As long as its allowed, good for them, I'd do it too... but should it be allowed? No, probably not.
http://www.bloomberg.com/news/2013-0...debt-deal.html