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Thread: Apple Rebuffed by White House in Bid for Tax Holiday?

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Originally Posted by Jahooba Does anyone else see the irony in the fact that Apple doesn't want to pay out 35% when they take 30% from everyone that does business
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    Quote Originally Posted by Jahooba View Post
    Does anyone else see the irony in the fact that Apple doesn't want to pay out 35% when they take 30% from everyone that does business through the App Store?

    Of course, Apple is already paying taxes, and a 35% repatriation fee would be ludicrous. Obama and his cronies would simply use that money to fund some new Socialist/ Communist program.
    No I don't find this ironic at all when it's comparing apples with oranges! Apple charge 30% for a service that devs would have to pay for themselves like hosting, bandwidth, advertising etc. It's actually not a bad fee considering he benefits. But the US gov want to take 35% on something they really have no right to since they provided nothing in order for Apple to make the money in the first place!

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    Quote Originally Posted by Kenn@rd. View Post
    I agree, apple as we all know it is "gangsta" but somehow, we all in someway, are curious and somewhat interested in their products or p&r. Hmm, namean? Eh,... Fugghetaboutit.
    They did not make the money here and send it out somewhere. This is money they made outside of the USA. They are a world wide retailer.

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    Some people commenting here do not have the slighest idea about business and economic policy...

    35% is outrageous! How do the US Gov expect to encourage investment when they are placing such high taxes on the transfer of capital? They just see this an opportunity to milk a company to generate some additional money to cover their struggling economy during a global economic downturn where Obama is willing to waste $180,000 per hour joy-riding his fancy oversized jet along with David Cameron. I think it's fair to say that Apple use their capital much more conveniantly and efficiently than that of the US government.

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