Jon Stewart rubs Tim Cook’s Senate testimony the wrong way [Video]
http://www.youtube.com/watch?feature=player_embedded&v=VLIf0m5CNXQ
You can’t help but laugh at Stewart’s ribbing of the senators’ questioning, but it is pretty clear Apple is pushing for simplicity and is only jumping through the loopholes because they are there. Tim Cook appears very genuine in his hopes for a more simple, fair tax code.
In other news, Apple is doubling its lobbying spending.
The company spent about $2 million on lobbying last year, up from $180,000 in 1999, records show. This year it is on pace to nearly double last year’s figure.
Apple’s lobbying expenditures still pale in comparison with those of Microsoft Corp., which spent $8.1 million in 2012, and Google, which spent $16.5 million, records show.
Daily Show Flash code below for when the YouTube video gets taken down. Via Fortune
