That's not even true! As you say, they keep their profits offshore to avoid US taxes: http://uk.businessinsider.com/apple-taxes-offshore-ireland-e...
That's a graph of cash reserves, not revenues. It's highly likely that Apple spends most of the revenue it accrues in the Unites States. You know, on expensive shit like Apple Campus 2.
http://www.cnbc.com/2016/08/14/tim-cook-addresses-apples-us-...
"Cook added that it was up to Congress and the president to enact tax reform, which he is "optimistic" will take place sometime next year."
I am actually both scared and biased, you got me!
What I was wondering was if any politician had spoken publicly on this issue. It seems, unsurprisingly, they haven't.
The 0.005% rate is NOT the corporate tax rate Ireland charged Apple, its the rate Apple managed wrangle on all their European wide profits by arranging their corporate structures to take advantage of various loopholes in several countries, not just in Ireland. This was perfectly legal under Irish, EU and importantly, US law at the time. Now the EU wants to effectively rewrite history and even the US agrees with Irelands position on this.
"In Apple’s case, nearly all of our research and development takes place in California, so the vast majority of our profits are taxed in the United States."
And yet the value creation seems to be happening mostly in tax havens... and NOT in the US. Nice try, Timmy.
Be a sport and put your money where your mouth is, and repatriate all that foreign stash cash to the US, and I am happy to side with you. Yet somehow, I believe this won't be on the menu anytime soon...