Shocking

Apple has to explain to Congress that companies want to keep their money and will do whatever they can to do that. I say, if it’s legal, then go for it.

“The tax system is broken; it’s not competitive,” Mehlman said, noting that Apple faces far greater taxes than its tech competitors, like Korea-based Samsung. “The policymakers made the code, and it’s not nearly as flat, simple and logical as it should be, so companies across all sectors do what they can to minimize [their] tax burden and maximize research and product development. Tech is no different.”

 

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