Tim Cook Shoots Hate Rays At Experts Testifying Against Apple About Tax Dodging [Image]

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Tim doesn’t look too happy, does he? And no wonder: the Senate Sub-Committee Hearing to Examine Offshore Profit Shifting and Tax Avoidance by Apple Inc. is a hostile room, and the experts are being very clear about the why and how Apple is dodging its U.S. tax burden. And so far, the only person defending Apple in the room is Rand Paul.

Tim Cook is expected to testify before the Senate Sub-Committee sometime this morning. We’ll be covering it live.

Senator John McCain: Apple Is Cheating The U.S.A. In Taxes

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Senator John McCain just laid out his case against Apple in Washington D.C. in a Senate hearing about Apple’s tax rates, and he’s out for blood.

According to McCain, although 95% of Apple’s research and development happens in the USA, they funnel most of their profits through overseas entities that are not tax residents in any country in the world.

Ireland is a big target for McCain here. Ireland has long had liberal tax policies in an attempt to attract foreign companies, but McCain says that Apple paid less than $10 million in taxes on $22 billion in earnings in Ireland, a tax rate of less than 1.20th of 1%.

WP Politics: An iPad App That Helps You Understand Politics [Review]

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The Washington Post’s WP Politics app for the iPad is an excellent resource for anyone interested in United States politics. I spent a few days with this free app and found it to be an excellent tool for tracking and understanding the 2012 election season. While not without its flaws, this app does two critical things exceedingly well. First, it aggregates media and information from a broad range of sources into one tool. Whether you’re looking for the latest news about a particular candidate or economic data from years ago, it’s all here. Second, it organizes and contextualizes the information in a way that helps the casual user to understand it. It classifies news articles by genre, organizes Twitter feeds by source, and breaks candidates down by their stances on the issues.  If you’re looking for an app to help you follow the upcoming election, or politics in general, look no further.