FROM Chris Matyszczyk
Apple, Ireland and corporate tax avoidance This week, the European Union made big news by announcing that Apple owes Ireland $14.5 billion worth of back taxes . Apple, Ireland, the Obama Administration and Congress all said that was wrong. Why does Apple have to pay taxes there? It's American law. US companies can find tax havens overseas, and Irish taxes are one third of what they are here. Despite its shiny image, critics say, Apple's no different than Anheuser-Busch, Google, Starbucks or Burger King. Apple says it's taking advantage of “legal incentives,” and Washington says that's okay. But, what's the cost to small business, the middle class and the poor?
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?
Replacing Obamacare: Now you see it… now you don’t As the Senate deliberates replacing Obmacare, health coverage for millions of people is at stake. There've been no public hearings, and a draft measure won't be made public. Is the House version so unpopular that that Senate is hiding a version that looks much the same?
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.