Apple CEO tells whoppers in interview

[aksptth]

14. Not definitive about anything

Yes I read your article. It doesn't say anything and has quite a few whoppers of assumptions.

It DOES NOT answer the basic fairness about taxing profits on products made outside the U.S., sold to foreign customers, by a foreign workforce, in a foreign subsidiary. That Apple then takes all those foreign profits and bundles them up into foreign tax havens -- so what? Why should I be outraged about that? Seems like good business sense to me in strengthening a U.S. company.

That is an entirely different scenario that taking your U.S. generated profits and offshoring them to a tax haven which many U.S. companies are doing these days. That is a dodge and we should be outraged about that practice.

Another sketchy claim is that all the value add Apple has is generated by the U.S. based design process. Product design is certainly a piece of the total product value but design without execution is meaningless.

Yeah I read your article and I call bullshit on a good bit of it.

Listen, I'm no corporate cheerleader but clearly in the case of multinational corporations the situation is not so simple. It begs for Apple to do what so many American companies have done already. Offshore their headquarters and make the U.S. a subsidiary. Would that be a preferable solution?