I wonder why they are doing so well - these Senators seem to understand why Apple has such a high profit margin:Originally Posted by .blank cd
Sure Tesla could run into anti-trust law problems if they go about it wrong, but these guys seem to be doing ok so far...
Senate panel says Apple avoids billions in U.S. taxes
"The secret to Apple's business success isn't in the aluminum and the steel and the glass of an iPhone," Sen. Carl Levin, D-Mich., the panel's chairman, said Monday evening. "The genius is the ideas that bring those elements together in an elegant package. That intangible genius is intellectual property ... nurtured and developed here in the United States. And yet, it ends up that most of the profits are shifted to a tax haven."
Aren't you the one advocating that we all pay higher taxes for the good of society? But here we see the company that you just lauded, not paying much in taxes at all?
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