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Comment: Purpose of the fines (Score 1) 757

If the fines purpose is to be a deterent, then the fine must be sufficient to result in a deterent effect.

If the fine is meant to compensate the public for the harm caused, then the fine should be adequate to cover the cost of the harm relative to frequency of individuals being caught.

If the fine is meant to cover the costs of enforcement, then the distribution of the fine makes sense to have it be on ability to pay.

Comment: Re: Why not in the US? (Score 2) 82

by LetterRip (#49112387) Attached to: Apple To Invest $2B Building Green Data Centers In Ireland and Denmark

You've confused statutory with effective rate.

The US has one of the lowest effective rates (how much the corporation actually pays after deductions, etc.), but one of the highest statutory rates (the worst theoretical possible rate that a corporation would pay if it had zero deductions and enormous profits).

Comment: My theory (Score 0) 82

by LetterRip (#49112339) Attached to: Apple To Invest $2B Building Green Data Centers In Ireland and Denmark

My theory is that these are inducements to keep the 'double irish' and 'dutch sandwich' tax dodges available. It seems highly unlikely that Ireland and Netherlands, the two countries that have Allowed apple to avoid hundreds of billions in taxes, and which have suggested that they might change these tax practices, have suddenly become recipients of major investments.

http://www.investopedia.com/terms/d/double-irish-with-a-dutch-sandwich.asp

Comment: Re:Gates (Score 1) 839

by LetterRip (#48165613) Attached to: Bill Gates: Piketty's Attack on Income Inequality Is Right

Consumption taxes are relatively easy to evade.

Also the benefit from public tax expenditures isn't proportional to consumption, it is proportional to net worth.

Bill Gates benefits enormously from public education and public funding of universities. He benefits enormously from international trade negotiations and the military keeping international trade relations stable.

The perversity of nature is nowhere better demonstrated by the fact that, when exposed to the same atmosphere, bread becomes hard while crackers become soft.

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