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Episode #54

Apple and Corporate Taxes

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Friday, May 03, 2013

If you had $145 billion on hand, you'd spend some of it right? Well, if you’re Apple, not quite. 

The company sold $17 billion worth of bonds this week as part of a plan to give back $100 billion to shareholders.  

Essentially, Apple would rather use its credit card and take on debt, than use the money it has sitting in the bank.

This week on Money Talking, regular contributors Joe Nocera of the New York Times and Rana Foroohar of Time magazine discuss the implications of Apple's decision and what it says about America's corporate tax structure

Looking ahead, Nocera previews the annual Berkshire Hathaway shareholders meeting, which takes places May 4 in Omaha.

Foroohar takes a look at the sequester's impact on the jobs number. 

Hosted by:

Charlie Herman

Produced by:

Daniel P. Tucker

Contributors:

Rana Foroohar and Joe Nocera

Saturday Coffee Table: Money Talking Weekend Reading

Money Talking host Charlie Herman and regular contributors Joe Nocera of the New York Times and Rana Foroohar with Time magazine tell us what they’re reading this weekend.

 

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Comments [1]

Jeff ellis

The suggestion during the corporate taxes segment that additional transparency through disclosure in SEC filings of effective tax rates was surprisingly ignorant, given that this is already required and disclosed by every public company. I'm disappointed in the ignorance of the host and guest in propagating solutions (and implicitly criticizing the already maligned SEC) that have already been implemented.

May. 03 2013 08:08 AM

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