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PR vs. Reality
The Apple Tax Giveaway

One of the biggest beneficiaries of the Trump tax cuts is in Cupertino.

Published on: January 26, 2018
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  • FriendlyGoat

    “White House infomercial for the Trump/Goldman tax heist that was rammed through Congress three days before Christmas 2017”.

    This place is beginning to outtalk FriendlyGoat.

    • Shayna

      Google offereing to people of every age 97 dollars hourly to complete some internet services onnet .. Do work only for only few time and have greater time with your family … Any one can also do this career…last Thursday I bought a new Mercedes-Benz S-class after I been getting $9760 this past month .it is absolutely nicest-job but you will no longer forgive yourself if you don’t look this.!ye66x:⇆⇆⇆ http://GoogleDailyNewsFireNetJobsOpportunity/simple/work ♥♥j♥♥♥u♥♥♥c♥♥n♥♥♥w♥♥s♥♥♥c♥♥k♥♥♥m♥♥j♥♥♥k♥y♥♥z♥♥♥p♥♥d♥♥g♥♥♥u♥♥k♥x♥c♥u♥s♥♥♥i♥u♥♥♥e:::::!mw51p:lhu

    • Anthony
      • FriendlyGoat

        Thanks. There is a lot there. I happen to agree with first two paragraphs opining that Trump is actually benefitting from inconsistency and oscillation. His supporters never knew what to think anyway, so they barely know he is all over the place.

        • Anthony

          You’re welcome and I agree (generally) but this stuck out to me:

          “Conservatism is an elitist movement of the masses, an effort to create a new-old regime that, in one way or another, makes privilege popular. Sometimes conservatism has multiplied the ranks of privilege, creating ever-finer gradations between the worse off and the worst off. Sometimes it has simplified those ranks into two: the white and black races of the white-supremacist imagination. Sometimes it has offshored society’s inequities, seeing in the people of an imperial state a unified rank of superiors, a kind of nobility among nations…, subjecting less civilized peoples abroad….”

          The author provides a more comprehensive look behind the ideal.

          • FriendlyGoat

            Right you are. That’s a “big” paragraph, actually answering some questions we should have known how to ask about conservatism, but mostly didn’t.

          • Anthony

            Thanks. Yes, it’s a good piece FG. More importantly (sans partisanship), the piece outlines where many of our citizens line up though oblivious to legitimate intent of the “organizers”.

  • Tom

    “Tax heist”

    I repeat myself: in what universe is allowing people to keep more of their money theft?

    • Jim__L

      To the Leftists, government is God and deserves the first fruits of your wallet.

      That, or they have “droit de seigneur” with your paycheck.

  • Micah718

    When Comrade FG thinks you are a partisan Leftwing hack, it is a sign. And it is not a good sign.

    • Gary Hemminger

      very good point,.

  • Tom Scharf

    Tax heist, eh? It’s really hard to read past that, really hard.

    $38B to the US, that’s about $115 for every US citizen. Feel free to go outside and burn your $100 from the heist. That money wasn’t coming back until the tax rate was reduced. I’m not a fan of Apple’s financial engineering but this was a bit hyperbolic. It boggles my mind how so many people are actually upset by good economic news.

    • Catherine

      Gℴℴgle giving to people of each age 99 dollars/hr to do job off a home computer .. Work Some just few hours & have greater time together with your own family … any individual can do this official job…last Tuesday I purchased a new Fiat Multipla after just getting $5677 this-past/six weeks .it sounds the easiest job however you may no longer forgive yourself if you do not test this.!sw34z:⇆⇆⇆ http://GoogleHomeCashJobsRoomWorkFromHome/more/cash ♥♥♥q♥g♥♥♥c♥♥n♥♥m♥♥p♥♥♥a♥♥b♥f♥♥g♥o♥♥k♥♥♥o♥♥♥m♥o♥♥g♥♥w♥♥♥x♥♥♥a♥♥♥n♥♥♥q♥v♥♥♥l♥x♥♥j:::::!ye94d:lh

  • Gary Hemminger

    Another progressive that thinks government is the answer to all our needs. Remember when less than 2% growth was the new normal. Not anymore. give me unbridled growth over Obama stagnation any day. Give me cheap oil over expensive renewables any day. Give me wild eyed capitalism over statism any day,. Give me growth in my 401k like no ones business over secular stagnation any day. Go Trump go. Do all you can until the Democrats get control again and tell us why stagnation is the new normal, why massive job killing regulations are good for us, that you can be any gender you want, why the color of your skin says more about you than the content of your character, and why cheap energy will kill us all.

    • Anthony

      I don’t know if author is a progressive (whatever that means) or not (and I have not read his essay) but to core of economic representation above:

      “The central pillar of the Trump presidency is the American economy, which grew faster in 2017 than it did in 2016 and which has continued the steady job growth of the Obama years to deliver what’s now a very low unemployment rate, is productive measured by the numbers. The numbers are moderately good (especially relative to fears Democrats raised during the 2016 campaign that Trump would wreck the economy with a series of destructive trade wars) but GDP growth (per quarter) is not meaningfully different from the Obama-era economic performance. Indeed, under Obama, growth exceeded Trump’s best quarterly number six times. And as Trump says, Obama-era growth was nothing to write home about.”

      Actual growth performance under Trump has been better than his skeptics feared but also worse than the 3 percent he promised, with the caveat that a president really has little control over economic conditions/outcomes.”

    • rpabate

      I agree wholeheartedly. The writer of this article is part of the Parasite Class. They create no wealth, in fact they consume and/or destroy wealth. No doubt this idiot probably thinks climate change is dangerous, potentially “catastrophic”, which is why he probably thought that the Paris Climate Accord, which truly was a huge transfer of wealth from U.S. workers to “shithole” countries all around the world to the tune of $100 billion per year, was a good idea. Check out: https://www.youtube.com/watch?v=1adlUmEB6Cs

  • Curious Mayhem

    Keep in mind that, in the post-Cold War world, extraterritorial double taxation is an expensive anachronism. Most countries now just have tax treaties.

    My only objection is that individuals should see the same rectification of the tax code. There’s no reason at all why an American ex-pat working outside the US and paying full taxes in the host country should also be paying US taxes on the same. Almost all countries, developed and developing, got rid of corporate double taxation some time ago — the US was the sole holdout. Some have partially gotten rid of it on individuals.

  • R Alan Rhoads

    Loved the article. Our tax policies are INSANE. Just another example of why we are moving more & more to a society of the haves vs the have nots. Also how the financial games playing now drives our society even more than actual technological innovation. Will be fascinating to actually see how the corporate tax cuts “trickle down” to the workers compared to the executives & shareholders. Have we not seen this movie before?

  • Jeff77450

    My single biggest complaint about the tax-plan is that there wasn’t $2 in spending-cuts for every $1 in tax-cuts. I’ve written about this before in this and other forums but it’s my understanding that it took from 1835 to 2000 for the national debt to go from zero to $5.7-trillion. It took just sixteen more years to more than triple to ~$20-trillion. If interest-rates were to go back to their historical average of ~5% we’d have to spend $1-trillion a year just to service the debt. If/when that happens what will we have to give up? I don’t know but I suspect that we’re going to find out.

    I’m a center-right small government Conservative. Government should be limited to the three functions identified by Adam Smith: national defense; a criminal & civil justice system to protect people & property (includes a legislative body and a patent office); services & infrastructure that the public wants & needs but which aren’t profitable or practical for private industry to provide, i.e. services & infrastructure that are *unique* to government.

    Written tongue-in-cheek: I have a confession to make, every time I hear about the latest government Solyndra-type boondoggle or someone using SNAP (food-stamps) to buy stuff to sell in their convenience store or garage-sale or the mohair-wool subsidy continuing fifty years after WWII ended I pause and indulge a fantasy where someone waves a magic wand and I’m made Benevolent Dictator of the United States (and all the people love me). It’s quite a detailed fantasy–Harry Turtledove could probably turn it into one of his alternative history novels–and I’ll spare you most of it but if I could I’d phase-out *all* of the unconstitutional vote-buying–oops–I mean wealth-redistribution schemes. Here’s how I’d phase-out SNAP and this would be my template for most other programs: announce that beginning one year from today SNAP would begin to be phased-out; year-two, all able-bodied adults ages 21-39 with no minor children cease receiving SNAP; year three, able-bodied adults ages 18-61 with no minor children; year four, all adults 18-61 period; fifth and final year, everyone who’s left. Numbers subject to tweaking. Federally-back student loans, *all* federal welfare programs similarly phased-out. Social Security phased-out but over a longer period of time and with increases to IRAs & 401(k)s phased-in. Eliminate the penny; tweak birthright citizenship; some fairly major changes to, but not cessation of, immigration; communicate in no uncertain terms that America doing the heavy-lifting of the defense of the free world (for free) was coming to a screeching-halt so start making your hard choices re. “guns-and-butter” *now*.

    Yes, I know, the Law of Unintended Consequences. On average the Right understands that and the Principle of Causality, i.e. cause-and-effect relationships, much better than the utopian, Kumbiya-singing Left does. I’m not (seriously) suggesting that we scrap our Republic & Constitution for a benevolent dictatorship.

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