Monday, December 19, 2016

Timmy Cook, full blown welfare bum

Business Insider: Apple is going to war with the European Union over its record-breaking $14 billion tax bill — with senior executives claiming that the regulators ignored tax experts and corporate law to maximize the penalty.The Cupertino, California-based technology giant will formally launch a legal challenge this week, it says.Its combative stand and fiery rhetoric underline its anger with the European Commission, which said on August 30 that the company's tax arrangement with Ireland was illegal state aid and ordered Apple to repay up to 13 billion euros ($13.8 billion) to Ireland, where Apple has its European headquarters.
The guy knows nothing about banking theory but he sure is an expert on government guarantees for socialist tax dollars.  He seems to forget that shareholder immunity is a grant, easily taken away.  His entire business model depends on patetents and price fixing from the Swamp.  Now he is upset because Trump is promising a huge tax break and the Europeans Are taxing is government socialist money.

Ther guy is a fraud, a lot like Krugman actually/.Krugman wants to stuff pensions and call it infrastructure, Timmy wants a government insurance program for wealth, and call it innovation.  They are both a couple of bums.

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