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Comment Re:Did Obama literally just say... (Score 1) 825

"If a U.S. company designs products in one country, manufactures them in another country, and sells them in a third, in which jurisdiction should the company pay tax? The country in which it's domiciled?"

Why, none of the above. Taxes should be on consumption or cost-recovery basis or something ... Oh, but you don't mean "should, according to fche", but "should, according to law". Why, then the Double Irish is perfectly right. Oh, but you don't mean "should, according to law", but "should, according to macsimon". Well, then obviously they should pay 100% of their net income as tax, because that's fair.

Comment Re:Did Obama literally just say... (Score 1) 825

You were implying that because apple products were supposedly designed in the states, this taints them with such a strong us nexus that foreign sales to foreign individuals should naturally be included in apple's us taxes. Because Design!

You've changed tacks a couple of times now. Try a third one, maybe it'll be less of a reach.

Comment Re:the state speaks (Score 1) 430

It's not "always wrong, no matter what". It merely lacks incentives and feedbacks to produce what the people actually value. It has power without responsibility. It can be wrong, and suffers nothing. (Was the FCC wrong to make the "standard" 3/1M so long? How has it suffered for that? A business wrong for too long would die.)

Comment the state speaks (Score 0) 430

"When 80 percent of Americans can access 25-3, that's a standard. We have a problem that 20 percent can't. We have a responsibility to that 20 percent,"

So the FCC gets to change its own standards, then impose its jurisdiction on the new stragglers. Typical regulator. No skin in the game, but always knows what's good for everyone else.

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