How US tech corporations avoid taxes

[LadyJasmine]

nanarchy said:

What needs to happen is countries to slap large sales taxes/tarrif on all goods sold from countries like Ireland until they stop screwing other countries with a tax system designed to import jobs into the country at the expense of everyone else.

 

hershel_layton said:

LadyJasmine said:

 

I was find it hilarious people say capitalism sucks, yet every country that is seen as the best has capitalism.

 

The flaw is not capitalism, the flaw is how much of a role government plays in capitalism.

 

Reality is big government is wasteftul and not effective and becomes power hungary. Big business has no compassion or heart or any sense of purpose to a greater purpose. 

He didn't say capitalism sucks.

 

It doesn't. I'd be lying to myself if I said it's worse than the likes of socialism or any other system. However, with the current condition it is in, capitalism is allowing companies to find exploits, avoid taxes, and cheat the middle class.

 

Edit: By capitalism, I'm referring to the first world's economic system. It hurts me when I see that companies like Apple, Google, Samsung, and others do everything they can to avoid taxes and gain as much profit as possible

Then why dont you understand that capitalism is flawed when its not controlled by government effectively, which in this case is by having correct levels of taxation.

 

Ireland is the country that allowed this deal.

 

I expect Apple to act better but to be honest I say companies as like people, if there is no law in place people will take advantage of certain situations.