“The Irish government’s unwavering protection of Apple has infuriated the very people who stand to gain the most,” Chris Spillane writes for Politico. “The residents of Cork are souring on the tech giant — the city’s biggest employer — and fanning the flames of Euroskepticism.”
“Cork residents resent Dublin’s unwavering defense of the tech giant, most recently its support of the company’s appeal Monday that claimed the EU Commission overstepped its powers,” Spillane writes. “Instead of banking an amount roughly the size of the country’s annual health budget, Irish leaders recoiled at the order and defended its four-decade-long relationship with Apple.”
Spillane writes, “Though Apple employs more than 4,000 people in a city of 125,000, many locals are appalled that the company hasn’t contributed more to the local economy through taxes.”
MacDailyNews Take: Apple employees don’t pay income taxes? Sales taxes? Other local fees and taxes?
“Apple referred POLITICO to a statement saying that the company is the largest taxpayer in the world, the U.S. and Ireland,” Spillane writes. “‘The full amount of tax was paid in this case and no state aid was provided,’ the [Irish] government has said.”
Read more in the full article here.
MacDailyNews Take: Newsflash: Corporations don’t pay taxes, you do.
“Corporate taxes” are simply passed along to the consumer. It’s how the government sneakily double-taxes its citizens. You’re taxed on your income and then again on what’s left via higher prices across the board.
Now, employees of corporations most certainly do pay taxes. How would Cork, Ireland be faring without thousands of Apple employees living there and in surrounding areas paying income tax, sales tax, and myriad other taxes?
SEE ALSO:
Ireland accuses EU of exceeding power in Apple tax grab – December 19, 2016
Apple formally appeals EU tax grab this week, says company was a ‘convenient target’ – December 19, 2016
The ‘Brexit-Apple’ connection: What in the world was Margrethe Vestager thinking? – September 12, 2016
EU ministers line up to take tax bites out of Apple – September 12, 2016
Former EU competition commissioner: Vestager claim that Apple owes back taxes an incorrect use of EU law – September 2, 2016
Irish government to fight EU on Apple tax – September 2, 2016
Treasury accuses EU of trying to steal U.S. tax revenues with Apple decision – September 1, 2016
Irish residents opposed to EU’s tax demand of Apple – September 1, 2016
Apple Inc. pushes back against EU tax grab – September 1, 2016
Apple may repatriate billions of dollars next year after new U.S. President takes office – September 1, 2016
U.S. tax code allows for dramatic retaliation against EU overreach in Apple case – September 1, 2016
Apple CEO Tim Cook on EU tax demand: ‘No one did anything wrong here and Ireland is being picked on… It is total political crap’ – September 1, 2016
U.S. Treasury: The European Commission’s retroactive tax demands on Apple are unfair – August 30, 2016
EU demands Apple pay massive $14.5 billion in taxes plus interest – August 30, 2016
U.S. government warns EU: Do not hit Apple with a massive back tax bill – or else – August 25, 2016
Some people can’t get enough of “other people’s money.”
Or attention.
No, we don’t have to be YOU. We choose not to be YOU. Get over it. Diversity Rulz. YOU don’t. Contribute, don’t dominate.
Somehow the above paragraph seems appropriate.
That’s because most of the residents aren’t Irish anymore & they’re all immigrants who don’t buy Apple.
That isn’t what my sources, who are clan, tell me. Who are your sources?
Nothing more than the EU political establishment trying to smear Apple inc. as the EU tries to defend its ridiculous position on defending US deferred taxes.
The Trump business administration will soon sort this nonsense out and repatriate the funds out of reach of the EU.
If there is any sorting to be done, it will be done by a Trump administration. And the sorting will not favour globalist meddling. (I say it with crossed fingers.)
Why do you call this a Love Affair?
So you think a tax rate of 0.005% for Apple is correct and fair, when other companies in Ireland pay 12% because they did not get a sweet deal with the Irish authorities?
How does 0% all around and no jobs sound if Apple wasn’t there at all?
“Though Apple employs more than 4,000 people in a city of 125,000, many locals are appalled that the company hasn’t contributed more to the local economy through taxes.”
Like V.A.T. when those 4,000 buy anything in Ireland? Didn’t consider that, did you. Etc.
I am sure there are plenty of other countries who would be happy to take your jobs and with it the economic activity, VAT tax and Apple employees tax base Corkians. Sour away! (Be afraid that Apple doesn’t sour on you first.)
“Morally, the tax issue is wrong,” said Rosarie Lapierre, who works in a shoe store. She added that she no longer had faith in any institution. “The politicians are cut from the same cloth as business. They are on the gravy train.”
Listen to the little people.
Apple should pay the same taxrate as other companies. Period.
Does anyone really believe that zero CT would result in much cheaper products? No, the money would inevitably end up in the pockets of CEO’s and shareholders.