Re:5 Completely Insane Facts About the Apple Approach to Taxes
by k-mcgrady on Wednesday May 22, 2013 @10:55AM
(#5751276)
I couldn't agree more. I think most of the public would agree that corporations aren't paying their fair share of tax but it's wrong to accuse them of doing something unethical. They are doing their job and maximising profits. It's up to the government to fix the many loopholes in tax regulations. The current tactic of trying to embarrass companies in to paying more tax is just a waste of everybody's time. If the government can't do it's job right and close the loopholes they have no right to complain to companies that they aren't paying enough tax.
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Re:5 Completely Insane Facts About the Apple Approach to Taxes
by jellicle on Wednesday May 22, 2013 @11:02AM
(#5751326)
You're confused about the meaning of "unethical". What Apple is doing is lawful, apparently. But it is certainly unethical at the same time; everyone has a moral duty to contribute to society and make it function, and Apple is shirking that duty.
Re:5 Completely Insane Facts About the Apple Approach to Taxes
by k-mcgrady on Wednesday May 22, 2013 @11:20AM
(#5751435)
It can't be unethical. They have a legal obligation to their shareholders to maximise profits so they don't have a choice. They can't pay more in taxes.
Re:5 Completely Insane Facts About the Apple Approach to Taxes
by mikestew on Wednesday May 22, 2013 @12:00PM
(#5751716)
They have a legal obligation to their shareholders to maximise profits
Please stop saying that. It's urban legend repeated by those that wish to excuse any corporate behavior.
(I'm more than willing to change my stance as soon as someone provides a link backing up the "legal obligation" argument.)