138 Billion Units (Apple's Cash Position)

Re:138 Billion Units (Apple's Cash Position) by guelo on Monday March 19, 2012 @04:37AM (#3722969)

It is sad how tax dodging schemes by the uber wealthy are considered normal business procedure instead of the low-life thing it is. Hey Apple, in case you hadn't heard you have a ridiculous amount of money, you can afford to pay the taxes that you owe.

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Re:138 Billion Units (Apple's Cash Position) by davidw on Monday March 19, 2012 @05:56AM (#3723157)

Via index funds, I own a bit of Apple stock, and I'm not uber-wealthy.

Uber-wealthy people are those that have/earn "zillions" of dollars.

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Re:138 Billion Units (Apple's Cash Position) by guelo on Monday March 19, 2012 @05:59AM (#3723166)

You're not the one making the tax dodging decision, some multi millionaire Apple executive is.

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Re:138 Billion Units (Apple's Cash Position) by davidw on Monday March 19, 2012 @06:04AM (#3723176)

The point you're missing is that taking money from Apple takes money from plenty of people who are not wealthy.

If you want to tax redistributively, you should tax the people who actually have the money, not companies. If the company mostly belongs to the "uber wealthy", then they'll get taxed anyway. If it's mostly in the hands of grannies of modest means with a few shares each, then they won't, which is a lot fairer.

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Re:138 Billion Units (Apple's Cash Position) by guelo on Monday March 19, 2012 @06:14AM (#3723204)

I wasn't arguing tax philosophies, I was talking about dodgers of current tax laws.

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