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America's Richest Company Pays A Lower Tax Rate Than You Do

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America's Richest Company Pays A Lower Tax Rate Than You Do
Do you ever wonder where all the money collected from taxes goes? Well, part of it goes to public education, Medicare and health insurance services, corrections, public transportation, social services, the police department, and more. What would happen if tomorrow all of these facilities disappear and you had to pay it all with money coming out of your pocket? I know it would be a disaster. Consequently, there would be no more law enforcement, public transportation, nor public schools, and more public services provided by the payment of our taxes. For endless, everyone would be able to do whatever they pleased, more people would die because of illness, or tragedies, and education would be just for those who are able to afford it. In the article “Tech Untaxed: Tax Avoidance in Silicon Valley, and How America’s Richest Company Pays a Lower Tax Rate than You Do” published by The Greenlining Institute, experts assert us that some of America’s most successful companies have been evading the paying of taxes and in some cases, they pay a lower tax rate than a middle class person. To explain matters a little further the article mentions, “The tax rate paid by Apple, the world’s most valuable company… fell from 24.8 percent in 2009 to 14.7 percent in 2010 and 9.8 percent in 2011.

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