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Politics - US Politics |OT| - View Post

xboxgreen said:
Bofferbrauer2 said:

Bolded: Worst example ever.

You see, Apple has an ever-growing pile of over 80 billions in cash that they don't even know what to spend them on. Taxing them for billions of dollars would just help them figure out what to do with all that cash - in this case paying their fair share of taxes for once. And t wouldn't affect any of their daily activities in any negative way. But greedy people gotta greed...

Pay taxes to the government so they can waste even more money? That won't help in the long run. Also, they will use their money eventually when the next big thing comes along. Just like how a lot of tech companies are invest in AI.

Pay taxes so the government can finally invest into something instead of having to settle for scraps all the time. Just look how decrepit the US look like: Streets with more potholes than roads, bridges that are collapsing due to lack of maintenance, the list goes on. MAD magazine even joked a couple years ago that terrorists won't attack the US anymore simply because they ran out of potential targets, everything looking like it's in shambles already.

Also no, they're not using this money, simply because there isn't anything they can use it on. Not even business acquisitions are big enough to shrink that pile of cash. Apple also has invested billions into AI, and did so early on already - does Siri ring any bells? - but it doesn't do anything to lower their cash amount.

Tim cook could literally Scrooge McDuck in that money if he wanted to...