Taxes Taken By Apple

331 Words2 Pages
Low income and poor people in other nations in which Apple operates don't get any taxes from the profits made by Apple. Its Americans and international shareholders who benefit from dividends paid by Apple. When Apple starts paying its fair, legal and moral share all will benefit except for a one off to the share price. Countries are fighting to get companies and jobs.Free trade agreements prevent anyone from charging tariffs. Sectors getting huge margins are choking consumer purchasing power and demand. This used to be regulated via corporate profit surtaxes with lower tax rates and tax credits for lower income consumers. It appears we are using the hammer method to beat companies into submission. Money left the US to invest in other countries,