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New York Times Outs Apple, Enemy of the People, on Tax “Sidestep”

longball38884 Wrote: Apr 30, 2012 12:42 PM
The investors got the shaft when they started paying executives multi-millions in the mid 80's. I knew the retired VP in charge of production for the Pontiac motor division. He retired in 1984, his top salary had been $175k. By 1988, his replacement was earning $6 million. And he was LIVID. He was a big stock holder and had no qualms about how robbed he felt.
lemmi Wrote: Apr 30, 2012 1:23 PM
The executive pay is petty cash compared to pensions and benefits paid to union thugs after retirement. do the math.

So it’s come to this: If you’re a successful technology company that employs 47,000 people in the U.S. along with supporting the employment of another 257,000 jobs domestically at other companies, that’s not enough.

It’s not enough that according to a company study published in the New York Times, your operations “have generated almost $5 billion in federal and state income taxes, including income taxes withheld on employee stock gains, making [you] among the top payers of U.S. income tax,” in the first half of 2012 alone.

For the folks playing at home, income taxes are THE taxes that...

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