How Apple Sticks It to High-Tax States

Written by Gary North on April 30, 2012

Apple serves its customers well by cutting its costs. Taxes are a cost. Apple serves its shareholders well by increasing profits. Cutting taxes increases profits. By setting up divisions in Nevada, where there is mo state income tax on corporations, Apple avoids the grasping hand of California, which taxes corporations at 8.8% I love it! […]

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