May 2013

Three Cheers for Tim Cook!

If you believe that America has big problems because our culture no longer recognizes rights, encourages innovation or celebrates success – then you gotta be a little encouraged by Apple’s CEO.  If you are looking for some spine amongst the producers of the world to get involved in the battle for our culture, Mr. Cook showed a hint of what we really need.  Cook was unapologetic in front of the Senate Permanent Subcommittee on Investigations about Apple’s use of the tax code to reduce its tax burden as much as possible for shareholders.

Like many successful corporations, Apple keeps some of its earnings overseas to avoid paying taxes in the US.  There’s been a...