I had to pass along this very cool picture of Apple's corporate headquarters, which is being built in California, where socialists call the shots and rightwing nutjobs are on the run. Not in Mississippi. Not in Alabama. And not in North Carolina either. Wonder why?
Comments
Compare & contrast
Apple: smart, elegant, sleek, friendly, advanced -- cool.
NC: ignorant, crude, slimy, intolerant, backward -- embarrassing.
Sorry, James, I can't fathom why Apple wouldn't build their HQ here.
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"I will have a priority on building relationships with the minority caucus. I want to put substance behind those campaign speeches." -- Thom Tillis, Nov. 5, 2014
Perfectly put
Pretty much sums it up.
Nope.
Wasn't being considered. Would never be considered. Not in the running.
Fairly taxing or Taxing fairly
Remind me...
How much of Apple's profit never gets repatriated,
never gets taxed,
never finds its way to Cali,
never finds its way into America,
never gets reinvested in America, never grows jobs in America,
never finds its way into the hands of the deli server down the street...
All because taxation is too high?
Competitive Taxation
I suppose you are suggesting that taxation in other nations is too lax.
The reality is that money remains outside our country because the corporate rates of taxation in other nations is so much lower than ours that the cost of bringing that income into the US far outweighs the benefits of fully reinvesting in the US.
Competitive taxation has dire consequences for high tax nations.
Focus please
We're talking about North Carolina versus California. By any standard, California has higher taxes, more environmental regulation, fewer restrictions on personal freedom, and better wine. Your argument about national and international tax is irrelevant to this discussion.
PS For the record, I oppose corporate taxes entirely. Companies should not be taxed at all, and profits should flow to individual shareholders ... who should be taxed at approximately twice the current rate (here in North Carolina).
Taxes
I firmly believe that corporations should be taxed as long as they are legally considered "persons" that have freedom of speech and other rights.
If they are "people" and are citizens, then they have both freedoms and obligations to society. They want the freedom, but not the obligations.
That's right re: taxes
I forgot to include the second part of the plan: end corporate personhood.
To return to Jame's topic...
Why does Apple not come to NC?
I believe the answer can be found in part in our personal experiences.
How difficult is it for you to move?
How difficult would it be to move 30,000 employees?
How difficult would it be to move capital investments?
That's expensive stuff, no? The reality is that for corporations of a certain size the tax advantages of moving never outweigh the cost. Perhaps with enough time the advantages would outweigh the cost of the move but how long is a tax advantage that large likely to last under a fickle government?
The reality is that poaching corporations in the why that the great Texas Governor, Rick Perry, has done was not done with corporations like Apple, Microsoft, Ford, DuPont, etc in mind. The goal was to poach corporations small and nimble enough not only to move, but more importantly, grow.
The fact is that low taxes attract not the past as represented by old growth corporations such as Apple, but rather low taxes attract the near future as represented by small corporations still able to absorb the cost of a move and more distant future as represented by start-ups looking to lower their initial costs.
You are right that Apple would never move to NC, but you are right for all the wrong reasons.
Seriously?
You're in favor of governments giving incentives to corporations to relocate? What a mind-boggling contradiction for a so-called freedom-loving Libertarian. Truly astounding.
http://www.nytimes.com/2012/12/03/us/winners-and-losers-in-texas.html
We're done here.
Just need to know the rules
Would you rather me not reply.
Typo alert
NitWitCharmer, there's a major typo in your preceding comment: you said "the great Texas Governor, Rick Perry".
You should check your keyboard. Apparently when you mean to type "disgusting twisted insane right-wing nut job fake Christian hypocritical shitferbrains" it somehow comes out "great".
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"I will have a priority on building relationships with the minority caucus. I want to put substance behind those campaign speeches." -- Thom Tillis, Nov. 5, 2014