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?
Who's to blame for the opioid crisis? Some of the lawyers who took on Big Tobacco are now going after Big Pharma. It’s all about the deadly epidemic of opioid use. Are the drug companies to blame? What about the users? Later, on today’s Talking Point: making sense of Britain’s upset election.
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
Trump's 'America First' goes missing abroad In the Middle East, President Trump is changing some policies of the Obama Administration—and reversing his own campaign attacks on Islam as a religion that "hates us." We hear about his visit to Saudi Arabia and what's at stake for the rest of his foreign excursion.