If Apple were a worker it would have paid the federal government $36 billion in taxes.
Instead of paying taxes, Apple has taxes that are deferred for as long as it chooses.
In total, I estimate from corporate disclosure documents, American multinational companies have $2 trillion of untaxed profits offshore because they did just what Apple has done.
Had Congress required those companies to pay up last year it would have been the equivalent of all the income taxes paid by everyone in America from January until July 10. Imagine that, all the income taxes taken out of your pay or pension from January into the middle of summer just so Apple and other multinational companies can profit today and pay their taxes someday.
Over email, Weintraub told us, “I think it is really about his intense curiosity which drives him to find and establish relationships over social media and other channels that most people (myself included) wouldn’t seek out. He may not get a response from 99 people but that 100th one could be that golden source. The curiosity also drives him to learn about every little thing about Apple and other tech companies which add context and depth in his posts. In other words, it is good old fashion hard work and smarts.
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