>Apple pays the most tax in the US // Interesting, how much, what percentage is ... | Hacker News

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		pbhjpbhj on Dec 9, 2021 \| parent \| context \| favorite \| on: Apple CEO Tim Cook 'secretly' signed $275B deal wi... >Apple pays the most tax in the US // Interesting, how much, what percentage is that of Apple revenue and what percentage of total federal tax income?

seanmcdirmid on Dec 10, 2021 [–]

Companies pay taxes on profit, not revenue. Otherwise capital intensive industries like banks and oil companies would be screwed.

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