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Post by phoebear611 on May 21, 2013 2:05:20 GMT -8
Today the IRS's Inspector General is being questioned by the Senate (at 9:30 EST), Tim Cook testifies in Senate, and Jamie Dimon learns his fate as being both Chairman and CEO - or if shareholders vote to split the role.
Cue the drama music professor: da ra ra ra.....
It's like dinner and a show brought to you (mostly) by our hard earned tax dollars, instead of Congress (in the case of the first two) doing something constructive. Let's hope TC is assertive, concise, and not so..."incredibly gentile" in his responses. Enjoy your day!
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Post by rob_london on May 21, 2013 2:19:22 GMT -8
Lots of headlines about Apple in the UK media this morning...usual negative stance.
Does anyone know if the Senate meeting is televised?
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Post by redinaustin on May 21, 2013 2:25:09 GMT -8
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Post by rob_london on May 21, 2013 2:28:36 GMT -8
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Post by phoebear611 on May 21, 2013 2:35:26 GMT -8
My guess is that AAPL brings ratings - even when there is no AAPL news, the media fabricates just to draw the audience...which brings me to the conclusion that they will televise some of the hearings today.
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Post by lucy on May 21, 2013 2:38:04 GMT -8
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Post by lovemyipad on May 21, 2013 3:33:26 GMT -8
Need 437-438 to HOLD as support.
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Post by artman1033 on May 21, 2013 4:32:24 GMT -8
Lots of headlines about Apple in the UK media this morning...usual negative stance. Does anyone know if the Senate meeting is televised? I will post the CSPAN video when it is over. |
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Post by mightydog on May 21, 2013 4:45:09 GMT -8
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Post by fas550 on May 21, 2013 5:34:13 GMT -8
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Deleted
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Post by Deleted on May 21, 2013 5:35:02 GMT -8
I believe it airs on C-Span at 9:30 EDT |
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Post by artman1033 on May 21, 2013 5:40:22 GMT -8
Lots of headlines about Apple in the UK media this morning...usual negative stance. Does anyone know if the Senate meeting is televised? |
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JDSoCal
Member
Aspiring oligarch
Posts: 4,255 
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Post by JDSoCal on May 21, 2013 5:55:16 GMT -8
Dumb bunny Carl Levin, since when does where the intellectual property created have any affect or relevance on tax rates? And OBTW, dumbass, Apple paying a lower rate in Ireland means they pay a *higher* rate in the US (smaller tax credit!). Democratic senator pressured IRS to investigate nonprofitsYou won't be forgotten in November 2014, Senator. |
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Post by terps530 on May 21, 2013 5:55:45 GMT -8
does anyone know why its just tim cook/aaple being put up there? every other company does the same thing. Google's effective tax rate is just as low. GE effectively gets money back due to their crazy tax strategy.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,255
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Post by JDSoCal on May 21, 2013 6:00:53 GMT -8
My gawd, will this fucker ever shut up?
BTW, nice epic fail C-SPAN, showing boring Brookings Institution Obamacare nonsense on TV as Senate grills Apple and marks up amnesty bill.
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Post by Deleted on May 21, 2013 6:02:06 GMT -8
Tax avoidance? More like tax DEFERRAL, Mr. Levin. And further, did you KNOW that Apple has booked its expectation that it will pay U.S. taxes upon repatriation? Other multinationals don't even do this.
Look in the mirror Levin, and you will see who the responsible party is for tax policy.
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Post by hydrarx on May 21, 2013 6:02:13 GMT -8
Yes "sequester" is now AAPL's fault. They are an evil company that avoid taxes. Closing loopholes will fix our country's deficit, of course. Then when we drive away companies completely from USA we'll be FUBAR.
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Post by artman1033 on May 21, 2013 6:04:04 GMT -8
does anyone know why its just tim cook/aaple being put up there? every other company does the same thing. Google's effective tax rate is just as low. GE effectively gets money back due to their crazy tax strategy. MSFT AND GOOGLE executives appeared last year before similar settings at Congress. |
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JDSoCal
Member
Aspiring oligarch
Posts: 4,255
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Post by JDSoCal on May 21, 2013 6:05:55 GMT -8
John McCain doing his best Democrat impression. Gawd will this RINO retire already?
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Deleted
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Post by Deleted on May 21, 2013 6:09:50 GMT -8
To Mr. Levin and Mr. McCain. The loopholes were put there BY YOU, largely by special interests paying YOU to put them there. Further, it's a fact Apple pays LESS for these loopholes than other multinational companies.
Senators, is this a shakedown or just grandstanding? Fix the tax code. That's YOUR job.
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Post by terps530 on May 21, 2013 6:12:44 GMT -8
this guy who just came on is great!
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Post by Deleted on May 21, 2013 6:13:07 GMT -8
Mr. Paul is making some sense. LOL
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Post by lance on May 21, 2013 6:13:22 GMT -8
These guys are out to lunch. They paid 7 billion last year in tax. Its not Apple's fault the government has screwed up increasing debt to 17trillion in debt.
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Post by phoebear611 on May 21, 2013 6:13:53 GMT -8
GO SENATOR PAUL!!!! ;D
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Post by Deleted on May 21, 2013 6:15:10 GMT -8
Who knew that Mr. Paul reads AFB? He says to Levin and McCain: LOOK IN THE MIRROR. This is Congress' problem, not Apple's.
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JDSoCal
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Aspiring oligarch
Posts: 4,255
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Post by JDSoCal on May 21, 2013 6:15:41 GMT -8
Rand Paul: What a Republican used to look like.
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JDSoCal
Member
Aspiring oligarch
Posts: 4,255
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Post by JDSoCal on May 21, 2013 6:18:13 GMT -8
No company should be able to decide how much taxes they pay? WTF does that even mean? Laws are laws you douchebag!
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JDSoCal
Member
Aspiring oligarch
Posts: 4,255
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Post by JDSoCal on May 21, 2013 6:19:04 GMT -8
Oh, great, professors who've never run a hot dog stand.
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Post by phoebear611 on May 21, 2013 6:19:14 GMT -8
No company should be able to decide how much taxes they pay? WTF does that even mean? Laws are laws you douchebag! Levin's grandstanding is disgusting. Change the frigging tax code - it's outdated! I want to know who on that panel DOES NOT have a trust or charitable foundation?! Goodness - they are robbing seniors and Head Start Programs according to Levin! (Excuse me while I pop my blood pressure pills) |
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Post by terps530 on May 21, 2013 6:20:55 GMT -8
It's awesome that Senator Paul is sitting there tweeting (as this is going on) lol.
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