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Apple Taxes Hearing

Apple on the Hill: What Can Be Learned From Yesterday's Hearing

Jared Bernstein | Posted 07.22.2013 | Business
Jared Bernstein

Because they can indefinitely shield their foreign profits from U.S. taxes, meanwhile engaging in endless (legal) schemes to avoid taxes in countries where they book those earnings, the link between the profitability of American companies and the well-being of America is broken.