U.S. Senators Claim Apple Has Avoided Paying Billions in U.S. Income Taxes Ahead of Tim Cook Testimony

Note to senators: Do your job first. Close the loopholes that Apple and the others are LEGALLY using to their advantage. Until then, you haven't earned the right to whine and moan.

The investigators are still not claiming that Apple broke any laws - just that they took advantage of tax loopholes. There's an easy way to "fix" this problem: fix the tax code. Expecting companies to not take advantage of loopholes and blaming them for exploiting them is just ridiculous and doesn't actually solve anything.

Meet Apple's new CEO: Tim Crook.

Seriously, there are really two major issues here: The US tax code is in need of a serious overhaul to close loopholes and align practices, and Apple's practices need to be further investigated globally for any potential illegal activities. Yes, Apple appears to have broken no laws here, while doing an excellent job of showing how greedy, unethical and dishonest a company can be and still be loved by the consumer.

I spent almost four years working at Apple, watching as the company moved from a customer focused culture under Steve Jobs to a focus on reduction in quality, cutbacks on customer service and anyways that can be thought of to increase profits under Tim Cook.

I love my Apple products enough to voice my concerns with Apple's current leadership.

So Obama and the U.S government are so broke, have spent all of our tax dollars, don't like the sequester, and can't wrap their heads around the idea of cutbacks rather than increased spending, and have somehow come up with the brainchild that their easy out solution is to target the one company with the largest cash reserves in an effort to win their own Powerball. Sadly enough even if they charge Apple with tax evasion and force them to pay these "billions" they owe, they'll be broke again in no time cause all Obama wants to do is spend spend spend!!

This corporate tax avoidance by the biggest FORTUNE 500 corporations has got to stop. Figure it out, Washington!

We all gotta pay taxes. If Apple doesn't want to pay them to the Feds, then maybe they should setup shop next door to Foxconn and not in Cupertino.

You guys are freak'n idiots thinking apple should pay more. WHY?! These politicians, either side I don't care, don't know crap. They don't know how to run this country, so they go on a witch hunt to make apple look horrible. Tax havens... how? As far as I've seen in Apple's reports is that tens of billions of dollars are held overseas in the countries that those items were BOUGHT in. They've already PAID those countries taxes. Why the F should they have to pay AGAIN? Just to have the money in the US so the greedy government can double dip?

Maybe ppl need to get their head out their arses and realize that the society we live in.. it's called a GLOBAL economy. Borders don't matter anymore in exchange of products. Stop living like it's 1950.

So for all those saying apple should pay their fair share... what is that? Is 6 Billion not enough? that's 1/40 of all corporate taxes collected. All money held off seas is held in the places that the items were bought.

No "gimmicks" except on the politicians side trying to score constituent points.

The IRS has loopholes in their system, then uses tax payer money in going after the companies that use those loopholes. How about fixing those loopholes?

Ban lobbyists while we're at it.

That's like saying I avoided paying thousands of dollars in sales tax by not buying that new SUV.

Blame the game not the player. It amazes me that the politicians setup these various structures and then are shocked when people adapt their behavior to maximize their benefit. GET RID OF THE CORPORSTE TAX AND TAX ALL SOURCES OF INCOME AT THE SAME RATE. We have the highest corporate tax in the world. Just lowering it to be on par with the rest of the world would suffice.