Politics

Out of context: Reply #18934

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  • utopian0

    Guess who's not paying taxes?

    Some of the world's most well-known companies like Apple, Google, Facebook, Boots and Starbucks have become successful partly by convincing us through their products that their corporate values align with consumers' personal values.

    But what happens when these companies behave in ways that seem to betray our trust? What if you find out that these companies keep their huge profits offshore and out of reach of domestic tax authorities?

    Will people challenge them -- "You want to change the world and have us pick up the tab?" Yes, people are voicing their discontent. At Apple's Worldwide Developers Conference in June, protesters loudly criticized Apple for keeping $54.4 billion offshore to avoid paying U.S. corporate taxes.

    http://www.cnn.com/2014/07/16/op…

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