The grilling of Apple is best understood as a shakedown by politicians upset with Apple for not playing the Washington game that yields contributions, power, and personal wealth for congressmen and their aides.
This is no surprise. PACs are becoming little more than legalized bribery. Not sure how long Apple can go without playing at some level.
And if there is a scandal, I suppose it is the very ordinariness of these transactions. Apple’s tax avoidance shop, it seems, is a lot less innovative than its phone designers.
Exactly. There’s no indication Apple’s doing anything other than reducing their tax liability just like any corporation (or individual) would: using the laws currently available.
The Small Wave. 