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Liek, I herd thei wur planning on buying up all teh iPhone5s when they came out and they'z gonna selll um all on teh interwebs and triple their money.
Yeah exactly, I don't think Apple gives two craps as a company how hard their shareholders have it in terms of their tax liability. They just want to avoid giving a chunk of their war chest to someone else for nothing in return, which is completely reasonable. Doesn't matter if it's the U.S. government or the Chinese government or Captain Jack Sparrow proposing to take their money at the end of the day.
So I still don't get what the issue is. They've got some cash in the US, they've got a bunch elsewhere because it's most advantageous to do things that way from both a tax and a business perspective (even if US corporate rates were 10% they'd still keep cash in China)
... so? This is true of every multinational I can think of.
At this point you're not even just grouping the "top 20%" (which is about 60 million people or so) into some monolithic entity called "the rich" as if they have secret stonecutter meetings once a week, you're actually referring to private wealth as a whole? As in the total value of all stuff owned by everyone in the USA? Why is it bad that people own stuff that's worth money?
This thread is totally baffling to me.
If "everyone should pay as much as they can" is your basis for sound tax policy then there's not much more to talk about...
Also, good luck getting tax havens to agree to your terms. Why on earth WOULD they?
