Comment Re:Tax everywhere (Score 3, Interesting) 292
I don't understand why countries like Ireland or Bermuda or wherever don't all just charge a small tax of some kind (like say 5%) that keeps the companies coming there, but gets them tons of money.
Because that would quickly turn into a race to the bottom. If Ireland charged 5%, then Bermuda would charge 4%, so Ireland would lower theirs to 3%
What does Bermuda get out of having Apple "based" in Bermuda if they don't get any tax revenue?
They get corporate registration fees, and jobs for a few lawyers and administrators. That is better than nothing.