Apple Corporation pay and taxes

Don M.

Don M.

SF VIP
Location
central Missouri
Today, the pay scales for the top Apple executives were announced...and they made a bundle.

http://finance.yahoo.com/news/apple-execs-made-boatload-money-001841022.html

Then, there are no shortage of reports on how this same corporation cheats on its taxes...all over the world

http://www.wsj.com/articles/SB10001424127887324787004578495250424727708

I can't understand how Anyone who is concerned about this growing disparity in wealth, would be interested in purchasing one of their products...most of which are made in China by virtual slave labor.
 

They buy them because they are the best, and aren't all electronic products made in China along with everything else?
 
Ralphy1 said:
They buy them because they are the best, and aren't all electronic products made in China along with everything else?
Click to expand...

The "Best" is debatable. Yes, most electronic components are made in China, or Japan, etc., however, some units are still at least "assembled" here. My PC is put together, with components I specified, by a small company of computer Geeks in California.

Apple has made a sham of our tax laws, and should be boycotted, IMO. They certainly don't offer the consumer a break on prices with their obscene profits.
 

Economy collapses 2008, new administration 2009. This was common knowledge even being cited in Matt Tabbi piece regarding Goldman Sachs. Enter Elizabeth Warren mzzz progressive consumer advocate but wait a minute, the new attorney general comes from a law firm that represents banksters. 2010ish occupy Wall Street all sorts of issues brought to light. 2013, these show hearings and now 2016 and what has changed???
 
Are those corporations really cheating on taxes? Or just doing what GE has been doing for years now? Moving your productions to countries where it is low cost enough so prices can be held down and profits made. That is not cheating on taxes as much as it is smart business management. The US has a lot to learn from these industries and putting them under government running is not the solution at all.
 
WhatInThe said:
Economy collapses 2008, new administration 2009. This was common knowledge even being cited in Matt Tabbi piece regarding Goldman Sachs. Enter Elizabeth Warren mzzz progressive consumer advocate but wait a minute, the new attorney general comes from a law firm that represents banksters. 2010ish occupy Wall Street all sorts of issues brought to light. 2013, these show hearings and now 2016 and what has changed???
Click to expand...

Who were watching as the loan industry just kept getting wilder and wilder with their loans. Congressmen Dodd and Franks. There job was to watch over the loan industry as the US government was actually backing many of those loan packages. No threat of misuse or failures ever reached Congress. But after the failure they put together new loan laws and had them passed. Then they resigned and left Congress at the end of there term. Now it is hard to sell home for all the things that must now be involved.

There is now some sort of government oversight and once involved with them, contract can be broken even when the buyer, seller, lender, inspections, etc., of a contract are satisfied. These folk have no idea what they are doing, care nothing about contract dates, make some pretty dumb requests that have to be taken care of. All by the two that did not do their job prior to the crash.

http://www.cnbc.com/2015/07/16/how-dodd-frank-changed-housing-for-good-and-bad.html
 
I never understood why companies pay such exorbitant salaries to their top managers while their stock is tanking. After all, you are supposed to be rewarded for success and when your stock is heading south that certainly is not the case. They seem to enjoy taking the cream off the top and I know that they are cash rich with about $200 billion, but evens so, how about returning a little more of that cream to the shareholders?
 

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