- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Apple CEO and CFO testify in front of Senate Committee on Tax Policy: Excerpts
Posted on 5/21/13 at 11:18 am to Duck
Posted on 5/21/13 at 11:18 am to Duck
quote:
I believe that Tim Cook wanted to testify. Apple would love for the tax code to be simplified and their not to be a 35% tax on repatriated earnings. Apple can look forward to the massive piles of money that they are going to have stuck over seas and hopes for some kind of tax reform.
We can all hope I guess
0
Posted on 5/21/13 at 11:19 am to TheDiesel
quote:
If they are breaking no laws, why are they having to testify in front of a congressional panel?
I think that the fact that the US government is suing Apple, this is more like a legal hearing or deposition. Someone correct me if that's not the case.
This post was edited on 5/21/13 at 11:22 am
Posted on 5/21/13 at 11:21 am to ZereauxSum
i don't think anybody is being sued, no laws have been broken.
they basically are looking to the private sector to figure out why the are incompetent.
they basically are looking to the private sector to figure out why the are incompetent.
This post was edited on 5/21/13 at 11:23 am
Posted on 5/21/13 at 11:27 am to trillhog
quote:
i don't think anybody is being sued, no laws have been broken.
I could have sworn the US government filed suit against Apple. I could definitely be wrong.
If that's not the case, I don't know how Congress is compelling apple execs to testify.
This post was edited on 5/21/13 at 11:27 am
Posted on 5/21/13 at 11:27 am to ZereauxSum
I believe he was asked to testify and not forced.
Posted on 5/21/13 at 11:31 am to ZereauxSum
no they are saying that apple has broke no laws, but they want more money. which in return makes less money for the shareholders which in return spend less in our economy, or we can give the gov more moeny and they can waste it away on bs.
Posted on 5/21/13 at 11:40 am to trillhog
quote:
I believe he was asked to testify and not forced.
quote:
no they are saying that apple has broke no laws, but they want more money.
So this is basically a money grab, but the Feds are asking nicely
Posted on 5/21/13 at 11:40 am to TheDiesel
quote:Congress can call anyone to testify before it regardless if any laws have been broken.
If they are breaking no laws, why are they having to testify in front of a congressional panel?
Posted on 5/21/13 at 11:46 am to LSURussian
quote:
Congress can call anyone to testify before it regardless if any laws have been broken.
Could Cook have told them to go DIAF or does a congressional commitee have subpoena power or something like it?
ETA: nvm, according to google they seem to have it.
/dumb questions
This post was edited on 5/21/13 at 11:57 am
Posted on 5/21/13 at 11:49 am to trillhog
Repatriation Tax is the stupidest tax there is. It generates less than .2% of all tax revenues, that's 1/5 of 1%, yet it keeps Hundreds of Billions of dollars out of the US economy. IT'S frickING STUPID. 
Posted on 5/21/13 at 11:58 am to Vols&Shaft83
Any push to get rid of the tax?
Posted on 5/21/13 at 12:00 pm to wegotdatwood
Oh god, apple talking about IP protection
Posted on 5/21/13 at 12:11 pm to wegotdatwood
quote:
Any push to get rid of the tax?
That would require congress to use common sense, get real man
Posted on 5/21/13 at 12:17 pm to Vols&Shaft83
Mr. Levin is a god damn bulldog.
Posted on 5/21/13 at 12:23 pm to TheOcean
Mr. Levin is a crusty old bitch who sucks the IRS' s cock every chance he gets. frick him.
Posted on 5/21/13 at 12:23 pm to Vols&Shaft83
I agree with him in principle. I also agree with the tax reform sentiment.
Posted on 5/21/13 at 12:25 pm to TheOcean
CROWN JEWELS!
Posted on 5/21/13 at 12:26 pm to Waffle House
I swear Mr. Bullocks's butthole tightens every time Mr. Levin speaks
This post was edited on 5/21/13 at 12:27 pm
Posted on 5/21/13 at 12:28 pm to TheOcean
quote:
Message Posted by TheOcean
Mr. Levin is a god damn bulldog.
With a girlish yellow case on his iPhone! Lol...did you guys see that when he pulled his iPhone out?
Posted on 5/21/13 at 12:37 pm to rickgrimes
Sen. Levin is pissed off because Apple is beating the system that Levin is part of and is taking advantage of everything afforded them under the current tax code. Levin is also pissed because Apple is taking away his tax crack-cocaine and raises the possibility that he (Levin) has to get his head out his arse and stop giving tax money (Apple's included) to undeserving entitlement recipients in order to get Sen. Levin's Democratic buddies re-elected. Apple is giving the United States tax code and it's entitlement programs a big "frick You". Apple produces a great product and holds itself accountable to its stock holders. Get it, Sen. Levin??
In essence, Levin is asking Apple to stop being so smart, ambitious and innovative and start being dumb and arrogant like us.
In essence, Levin is asking Apple to stop being so smart, ambitious and innovative and start being dumb and arrogant like us.
This post was edited on 5/21/13 at 1:12 pm
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News