Tim Cook tells Congress why Apple won’t move $100 billion back home

Re: Tim Cook tells Congress why Apple won’t move $100 billio... by pyre on Friday May 24, 2013 @04:09AM (#5761726)

Well, corporations use resources that cannot be pinned to a single individual. The example that comes to mind would be putting out trash for the city to collect[1].

[1] I realize that companies pay separately, or use private collection in many cases. It's just an example of a company using a resource that can be (and in some cases is) paid for by taxes.

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Re: Tim Cook tells Congress why Apple won’t move $100 billio... by mike_esspe on Friday May 24, 2013 @04:23AM (#5761766)

Probably there should be a resource tax, not profit tax?

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Re: Tim Cook tells Congress why Apple won’t move $100 billio... by nknighthb on Friday May 24, 2013 @05:15AM (#5761911)

How do you efficiently administer a road tax[1]? How do you measure a company's use of the military defense of a nation? The police protection that makes their locality safe for business in the first place? What about the nearby public park that attracts families who frequently go to a nearby ice cream shop? What about the fact that the local bar attracts people who get into fights on the sidewalk?

[1]Gas taxes are obviously not the answer.

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Re: Tim Cook tells Congress why Apple won’t move $100 billio... by lostlogin on Friday May 24, 2013 @04:50AM (#5761850)

How would this work? 20% every time you buy or something? Or targeted on things that are scarce or a limited (eg higher tax on oil than lettuce)? It seems to me that targeted taxes end up encouraging elaborate workarounds - this is a problem.

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Re: Tim Cook tells Congress why Apple won’t move $100 billio... by noblethrasher on Friday May 24, 2013 @04:56AM (#5761869)

Yes, and the utility companies are extremely efficient collectors of that kind of tax.

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