Re:Apple's cash hoard swells to $246B
by srtjstjsj on Saturday April 15, 2017 @03:18PM
(#14122329)
"double-tax" is a nonsense concept. There are dozens of overlapping taxes in the world.
[ Parent
| on HN ]
> There are dozens of overlapping taxes in the world
And we shouldn't have any of it.
It's not nonsense. You have to determine what level of taxation is appropriate on investment, if you ignore secondary taxes you are ignoring the real cost to investors.
If you think 50% is a reasonable tax on investment, then fine. But don't pretend it doesn't exist.