Santelli: Why Doesn’t Obama Go After Apple’s Profits?
“And, by the way, all these profits Exxon’s making, the administration doesn’t like it. Well, what about Apple making a billion dollars a week, or Microsoft? I bet you if GM made a billion dollars a week, they wouldn’t mind. Come on!”
Apple’s profit margins are five times what Exxon’s are and they also get write offs (i.e. tax payer giveaways) for research and development! Just horrible.