Related topics: tax

How Apple's phantom taxes hide billions in profit

On Tuesday, Apple is set to report financial results for the second quarter. Analysts are expecting net income of $9.8 billion. But whatever figure Apple reports won't reflect its true profit, because the company hides some ...

Millionaire migration following tax hikes a myth, study finds

(Phys.org)—Anti-tax advocates argue that millionaires will flee from states that raise taxes on their highest earners. But a study by Stanford and Princeton researchers shows no evidence of millionaire migration in response ...

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

How much would you pay to change a game before playing it?

When most people think of a "game," they might imagine checkers or hopscotch. But in game theory, a game is defined as any type of scenario where there's an interaction between different decision-makers, or players, each ...

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