Video: Jon Stewart Rips Senators for Letting Apple Off Easy on Corporate Taxes

Comedy Central

Featured eBooks
AI in the Workplace
Read Now

CX in Action

Read Now

Next Steps for CMMC

Read Now
Kedar Pavgi By Kedar Pavgi

By Kedar Pavgi

|

‘There is nothing Apple can do to get us mad at them,’ comedian jokes.

Start of Brightcove Player By use of this code snippet, I agree to the Brightcove Publisher T and C found at https://accounts.brightcove.com/en/terms-and-conditions/.

Jon Stewart last night derided a Senate panel’s kid-gloves treatment of Apple Inc.’s testimony on its complex corporate tax structure.

Tuesday’s hearing in front of the Senate Permanent Subcommittee on Investigations was meant to discuss the corporate tax laws that allow Apple to shelter over $102 billion through a web of foreign subsidiaries. However, it quickly became a forum in which senators expressed their love of the company’s products to Apple CEO Tim Cook.

“I love Apple!,” said Sen. Claire McCaskill, D-Mo.  Sen. John McCain, R-Ariz., asked Cook why he had to keep constantly updating all the apps on his iPhone.

Stewart noted “there is nothing Apple can do to get us mad at them,” and said people would probably keep buying the company’s products even if the hearts of kittens powered its electronics.

Watch the full clip below:

NEXT STORY: How Feds Fail