informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted May 23 2013, 4:36 AM Category: Resistance Source: YouTube Print

Rand Paul RIPS Colleagues For 'Berating' Apple Over Taxes. Congress Should Be On Trial



Sen. Rand Paul (R-KY) chastised his colleagues on Tuesday, during in opening remarks at Senate hearing examining tech giant Apple's avoiding tens of billions of dollars in taxes. Instead of "bullying" one the country's best "success stories," Paul suggested the Senate panel bring in a "giant mirror." Congress, not Apple, should be on trial, he charged.

Yesterday, reports said a Senate panel found that Apple "avoided billions in taxes in the United States and around the world through a web of subsidiaries"... Congressional investigators found that some of Apple's subsidiaries had no employees and were largely run by top officials from the company's headquarters in Cupertino, Calif. But by officially locating them in places like Ireland, Apple was able to, in effect, make them stateless exempt from taxes, record-keeping laws and the need for the subsidiaries to even file tax returns anywhere in the world.

Sens. John McCain (R-AZ) and Carl Levin (D-MI) criticized the company for successfully seeking "the holy grail of tax avoidance." But Paul didn't see it the same way.

"Frankly, I'm offended by the tone and tenor of this hearing," he said in his opening statement. "I'm offended by a $4 trillion government bullying, berating, and badgering one of America's greatest success stories."

Paul chided the "spectacle" of bringing in executives from a company that did nothing illegal a fact he said the committee admits.

"If anyone should be on trial here, it should be Congress," Paul added. "I frankly think the committee should apologize to Apple. I think Congress should be on trial here for creating a bizarre and byzantine tax code that runs into the tens of thousands of pages, for creating a tax code that simply doesn't compete with the rest of the world."

The senator's recommendation was bringing in a "giant mirror" so Congress could see that the problem is of their own creation. The poorly crafted tax code is what drives companies overseas, so the solution would be to realize that ours is "set too high."

Repeatedly touting Apple as a success story, and a job creator, Paul railed against the "abominable" hearing arguing instead for "better, fairer, and more competitive" tax legislation.

Paul further hammered home his point on Twitter, where he took another jab at his colleagues, contending, "Apple has done more to enrich people's lives than politicians will ever do."





Latest Resistance
- Virginia Lawmakers Attempting To Reform State's Asset Forfeiture Debacle By Pushing For A Conviction Requirement
- Nation's Top Teacher Drops Resignation Bomb: "I Can't Drill 'em and Kill 'em"
- Adam Kokesh ("Iraq War Vet/YouTube Star") Gets his Mic Cut by Dr Drew on HLN
- Cow Chases Pig
- Glenn Greenwald's Plan to Poke, Prod, and Piss Off the Powerful
- How Will You Use It? New Website Let's You Rate and Review Police Officers
- Seven States That Are Next In Line to Legalize Marijuana
- The Net Is Mightier Than The Sword - James Corbett at TEDxGroningen









Comments 1 - 2 of 2 Add Comment Page 1 of 1
Anonymous

Posted: May 24 2013, 2:03 AM

Link
7266 I wonder how much money he received from apple to say that.
Anonymous

Posted: May 25 2013, 3:20 PM

Link
216130 This is nonsense but I'm glad you printed it. It shows much about Mr. Paul.

he is either stupid or shilling. I'm gonna go with shilling. The tax code isn't convoluted by accident. It is convoluted on purpose so only the3 wealthiest with the easiest access to high-priced accountants can take advantage of the myriad tax exemptions available to corps and the wealthy.

Fuck Apple. Fuck GE. They wouldn't be able to do business without the infrastructure provided by tax dollars. I wonder how many computers Apple could ship without highways.

Congress is definitely in need of an investigation...or a purging...but that doesn't let Apple off the hook.

Fuck 'em...and fuck Rand Paul. Fuckin' douche-bag.



Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Feds Raid Texas Political Meeting; Fingerprint And Photograph All Attendees, Seize Phones - 02/27Cop Tases an Innocent, Non-Violent, and Unarmed Senior Citizen in a Wheelchair - 03/02Shock Video Emerges Of LAPD Shooting Homeless Man - 03/02Net Neutrality: Triumph of the Ruling Class - 02/27Wrong Man Jailed For Child Porn; Real Suspect Can't Be Charged - 02/27Man Falls Asleep On Bus, Cop Pummels And Pepper Sprays Him - 02/27Nevada Cops Pull Women From Car After Driver Refuses to Roll Window Fully Down - 03/02Video of Man's Police Interaction Exposes Vast Conspiracy -- This is Why You Always Film Police - 02/26

Man Follows Speeding Cop, Finds Out He Was Speeding To Buy PeanutsMission Creeps: Homeland Security Agents Confiscate Women's Panties For 'Copyright Infringement'Cop Shoots Couple's Dog, Threatens Jail For Trying To Save Dog's LifeSWAT Team Shoots Teen Girl & Her Dog During Pot Raid On Wrong HomeDurham, NC Cop Testifies Faking 911 Calls To Enter Homes Is "Official Policy"Indiana Sheriff Says US A "War Zone" To Justify New MRAP Military VehicleTampa Cops Surveil Pot Dealer, Catch Him Selling Pot, Raid His Home & Kill Him"You Just Shot An Unarmed Man!": Witness Says Police Shot His Friend With His Hands Up
(more)

 
Top