Some Common Cents for September 2nd, 2016

September 2, 2016, by John Norris

This week, the European Commission (EU) ordered Apple, Inc., to pay the Irish government $14.6 billion in back taxes it claimed the company owed. Interestingly, the Irish weren’t asking for the money, quite the opposite. They were actively arguing otherwise. However, the powers that be, and in Europe there are a lot of them, determined a tax deal the country made with Apple amounted to an illegal state subsidy, and, therefore, was anti-competitive. Make no...

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Some Common Cents for June 24th 2016

June 24, 2016, by John Norris

Hmm. What to write about today? Last night, I stayed up pretty late watching the BBC report the results of the ‘Brexit’ referendum. I had one eye on the TV screen and another on my iPhone watching global stock futures; it wasn’t pretty. After the vote became a fait accompli, I went to bed knowing today was going to be, well, less than fun, with more than enough red ink to fill the wells of...

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