In article , says...

On 8/10/2011 9:28 PM, wrote:
On Wed, 10 Aug 2011 18:18:04 -0700, wrote:

http://www.rttnews.com/Content/Break...=B1&Id=1689508


Too bad Apple is keeping most of their cash in China (a fact)

Maybe if we didn't have such an abusive corporate tax rate they would
repatriate some of that money and perhaps, make something here.
Abusive tax rate? You haven't been keeping up have you. Over fifteen
hundred Corporations paid no tax. If a corporation is paying the 35%
they better get a new tax accountant. When they do pay taxes, everything
including the kitchen sink is deducted before taxes.
Individuals usually pay a higher rate.
This spiel is getting old. Surprised many still swallow it.
If they make their money here, on Americans, they should pay their taxes
here to support the Republic. If they paid their share everyone else
could pay less, in theory.

If I have $100 billion in China and I pay 15% tax in China I have $85
billion. Then when I repatriate that money I pay 35% on my $100 billion
leaving me with $50 billion. Why would I ever want to lose half of my
profits just to bring the money to the USA?