Why aren't US taxpayers getting a bigger bite of Apple?
To the Point
KCRW
4.4 • 583 Ratings
🗓️ 1 September 2016
⏱️ 53 minutes
🧾️ Download transcript
Summary
Apple's just one of the US companies paying taxes in other countries to avoid taxes here — and small business, the middle class and other Americans needing government services are paying the cost.
Transcript
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| 0:00.0 | Here Be Monsters is a show that invites you to explore fear and the unknown. |
| 0:04.7 | I saw her face change. I saw her see where I'd pulled my hair out. |
| 0:10.1 | Psychological warfare was always considered kind of an oddity, something done by freaks. |
| 0:15.6 | On the count of three, we're literally going to step out of our body. |
| 0:19.9 | Step out. |
| 0:23.2 | You can find Here Be Monsters Now at KCRW.com or wherever you get your podcasts. |
| 0:30.6 | From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point. |
| 0:39.1 | Why aren't U.S. taxpayers getting a bigger bite of Apple? |
| 0:46.6 | Hello again, I'm Arun Alney, and this is To the Point. |
| 0:49.4 | The European Union says the Titan of Silicon Valley is not paying enough taxes in Ireland. |
| 0:55.3 | So why does Apple have to pay taxes there? It's American law. U.S. companies can find tax havens overseas and |
| 1:01.8 | Irish taxes are one-third of what they are here. Despite its shiny image, critics say Apple's no |
| 1:07.7 | different than Anheiser-Bush, Google, Starbucks, or Burger King. |
| 1:11.5 | Apple says it's taking advantage of legal incentives, and Washington says that's okay. |
| 1:16.0 | But what's the cost to small business, the middle class, and the poor? |
| 1:20.5 | Today's talking point, Donald Trump's political gymnastics on immigration. |
| 1:25.2 | First, here's the news. |
| 1:36.0 | Check out KCRW's All News Channel News 24, |
| 1:41.3 | programming from KCRW, NPR, NPR, the BBC, and more 24 hours a day. Go to KCRW.com slash news 24, or you can listen on KCRW's app. |
| 1:51.7 | Support for To The Point comes from the members of KCRW and from the Public Radio International |
| 1:59.5 | Program Fund. Hello again, Mormon-Aulney, back with To the Point. |
| 2:02.9 | Apple's just one of the U.S. companies paying taxes in other countries to avoid taxes here, |
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