Hacker News new | ask | show | jobs
by simonh 3456 days ago
I have a hard time understanding why (presumably?) a US citizen would be against foreign governments subsidizing US companies. Isn't that a good thing? After all this is a US company that employs hundreds of thousands of Americans and in 2015 paid $2.7bn in tax on it's global profits at an overall rate of about 25.5%, most of it in the US.

http://www.macworld.co.uk/feature/apple/does-apple-pay-tax-h...

1 comments

well it's an interesting point. i don't live in the USA of 1955.

in today's landscape, i don't know how to tell if Apple's location actually matters to me. what if Apple were headquartered in Finland, Japan or China? they don't pay my taxes. they don't employ me. they bring a lot of people from outside the US to do their work. they also outsource a ton of work to other countries.

why would I really care about Apple's location or country of incorporation? i bet people in Ireland care a lot more than i do.

Ireland gets a fraction as much tax money from Apple compared to the US, which gets the lion's share. That's kind of the point - the US thinks they should be getting even more.

But I'm sure Irish taxpayers would welcome getting the $billion+ tax revenue currently going to fund the US government as well, if you really don't want it.