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by notJim
5166 days ago
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> I think a number of people reading the article have the tacit impression that if the government taxed the money from Apple, that they would somehow benefit to a greater extent. But given that the US Government spends $11.5 billion more per day[1] than it receives in taxes, even seizing all of Apple's worldwide profits would just be a drop in the bucket. What about the net effect of the government going after every company that does this? > Exactly. And this extends down to the personal level. Elizabeth Warren, a millionaire Senatorial candidate who supports the Buffet Rule, nevertheless did not voluntary pay a higher tax rate: I think it is entirely consistent and rational to support a rule for higher taxation while still striving to pay the minimum required amount. |
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Yes. It's called hypocrisy. Rational yes, consistent with the idea that there are rules for me and rules for thee.