[AlisdairO]

Right - the difference between the two is that deductions and tax credits are explicitly entered into the law to define what someone should be paying. The corporate tax rates that Apple pays in California are instead a reflection of the law's inability to effectively extract the money that society wants to - loopholes are involuntarily, while tax deductions are intended.

[joesb]

> deductions and tax credits are explicitly entered into the law to define what someone should be paying.

So if a company follow the law and they gets tax deduction, it means that that's the tax the society agree that the company should be paying, right?

> loopholes are involuntarily, while tax deductions are intended.

So can the company exercise tax deduction without being called using a loophole? Is it ever intended for tax deduction to be okay for a company?

[AlisdairO]

Of course it's often intended for a tax deduction to be okay. I'm not quite sure what the thrust of your argument is - are you trying to imply that loopholes as a concept are invalid?