We’re going to subsidize everyone's welfare by reducing their hours, reducing their pay and increasing their taxes. Just chalk it up as the cost of Barack Obama's Fantasy Camp Presidency.
The recent scandals, combined with the Senate’s feigned outrage at Apple’s tax practices, underscores the fundamental issue with our current regulatory and legislative bodies. . . Something about it seems arbitrary and coercive.
By the way, this is yet another warning call "If you have money in Spanish banks, move it somewhere else immediately!"
If Apple’s CEO Tim Cook did one thing, he illustrated the absurdity of our corporate tax code. Chris Edwards, from the Cato Institute, joined John Ransom to talk about the absurdity of corporate taxes and the Senate’s misguided hearing.