- Jun 4, 2010
Apple’s effective tax rate here was a tiny fraction of the official rate. I can‘t see the EU indefinitely tolerating a tax race to the bottom for high tech foreign companies that are decimating the locals. Countries need revenue to run. Why should the richest get off so lightly?States should be making efficiencies and becoming ever cheaper to run. Quite a lot of tax avoidance comes from seeing the waste day in, year out.