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The Taxman Comes for Apple
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DATE:
2016-08-31 09:01:11
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hbiden@rosemontseneca.com
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Share The Viewa:visited { color: #00b9e7; } a:hover { text-decoration: underline !important; } a:hover#logo { text-decoration: none !important; } @media only screen and (max-device-width: 480px) { a[id=logo] { font-size: 34px !important; } body { width: 100% !important; } table { width: 100% !important; } } @media only screen and (min-device-width: 320px) and (max-device-width: 568px) { html { -webkit-text-size-adjust: auto; } td[id=content] { font-size: 18px !important; } body { width: 100% !important; } table { width: 100% !important; } }Share The ViewThe Latest Opinions From Bloomberg ViewAug 31, 2016bloomberg.com/viewApple Finds Out It Took the Tax Game Too FarThe Republic of Ireland gave Apple 13 billion euros ($14.5 billion) in illegal tax breaks, the European Commission ruled Tuesday -- money the tech company will now have to pay back itself. As some wonder if the era of easy European tax breaks is coming to a close, Justin Fox considers the line between corporate responsibility to shareholders and to the world. Meanwhile Leonid Bershidsky calls the outcome nothing short of farcical -- after all, Ireland now has to deal with a multibillion-dollar windfall it didn't even want).In Praise of Radical TransparencyThe U.S. government collects boatloads of information that could be useful to the public. Why not let the people see? Cass Sunstein urges the next administration to let it all hang out, data-wise.Why Geographic Inequality MattersWhen a country's talent and wealth are limited to just a few big cities (say, San Francisco and New York), the rest of the country suffers. Conor Sen makes the case for spreading the wealth around.A Parallel-Universe U.S.Without Free TradeDonald Trump wants to repeal NAFTA, and Hillary Clinton has turned her back on the Trans-Pacific Partnership, but how would protectionist trade policy affect everyday life for Americans workers and consumer? Paula Dwyer asks economist Tyler Cowen and former U.S. Trade Representative Robert Zoellick, and their outlook is grim.Expand the Best Program for Fighting PovertyWhy aren't progressives marching in the streets for a higher earned-income tax credit? It may not be glamorous, but Noah Smith says it would do a lot more good than raising the minimum wage.Ritholtz's ReadsIs there a bond-market bubble? (CFA Institute)The 401(k) is wreaking havoc on retirement (Bloomberg)What else is new? NFL, billionaires prepare two new stadium ripoffs (LA Times)(Read Barry Ritholtz's full daily news roundup.)Bloomberg GadflyMacy's drags its feet on real-estate salesJ.C. Penney's turnaround plan look a lot like Home Depot'sSpotify can't live on $10 a month(Read more from BV's sister site for fast business commentary.)For more information, email view@bloomberg.net.For media inquiries, contact Jill Watanabe at +1-212-617-1610 or jwatanabe11@bloomberg.net.You received this message because you signed up for Bloomberg View newsletters.bloomberg.com/view | 731 Lexington Avenue, New York, NY 10022 | Contact Us | Unsubscribe <a href="http://link.mail.bloombergview.com/click/7508636.17723/aHR0cDovL3d3dy5tYWlsLmJsb29tYmVyZ3ZpZXcuY29tIg/55086a4c3b35d051538c37ccBc98bff7a><img src="http://link.mail.bloombergview.com/img/55086a4c3b35d051538c37cc4gxp8.dob/7791bf55.gif" alt="" border="0" /></a>
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