Tag Archives: carl levin

Bite of the Apple

 

130521-apple-levin-cartoon-Apple CEO Tim Cook was dragged to the U.S. Senate to apologize for his success. While his company paid $6 billion in U.S. taxes last year it paid little if anything on it’s overseas stash. All perfectly legal. Even the president doesn’t pay more than he owes.

Rand Paul said the Senate ought to apologize for the dog and pony show, but Carl Levin was having none of that as he took a crack at American pensions and 401ks by insisting that Apple send more money to foreign countries.

Short Shorts

100428bokloresHolman Jenkins says the subtext of yesterday’s Senate panel grilling was that it’s unpatriotic not to lose money when home values plummet.