FROM James Kanter
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?
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.
Is the threat from Russia missing from the Russia meddling probe? There's much being made about the Trump administration's possible ties with Russia. But the bottom line is Russia's effort to influence American democracy. Do the President and his aides care enough to take action before voters go back to the polls?
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
Venezuela spirals into economic and political chaos Venezuela, a country whose potential for prosperity is unmatched, finds itself on the verge of civil war. What sustains the repressive government? With time running out, guest host León Krauze looks at what the international community can do to pull the country from the edge of collapse.