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Comment by sneak

6 days ago

While I don’t disagree with your argument, it is bad form to claim that companies like these don’t pay massive amounts of taxes, specifically payroll taxes. They do and it’s a huge amount.

I' m European. Apple got charged by the European Union for $14.4 billions of unpaid taxes between 2019 and 2021. Back of the mapkin they employ 22k people in EU (data Apple), average salary $80k (Apple), taxes at 30% per employee (my own understanding). Thats $550M. So their payroll taxes is about 15% of their tax package. If you have any contradictory data, I would love it, but your point is moot for 95% of the world outside California.