danielpalos
Diamond Member
- Jan 24, 2015
- 73,961
- 5,055
are you claiming the cost of labor is not eligible for a tax preference?The Apple expatriate subsidiary would not get any tax break for the cost of foreign labor, that is all. Tax breaks are only for US labor by US firms.are you claiming the cost of labor is not eligible for a tax preference?It is a labor cost.
It's not a labor cost here.
Let's run some numbers...theoretically.
Apple takes $290 worth of parts......uses $10 of Chinese labor to make a phone.
They export that phone from China. Sell it for $600 here.
What are they paying taxes on in the US?
Show me the US tax break you feel they currently receive.