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Despite the somewhat incendiary headline, the article mostly details the extent of the problem of corporate tax avoidance in general.
US corporate tax collection as a percentage of GDP is currently at an all time low. This means the U.S. government has to compensate for the shortfall from other sources (read: domestic taxpayers with no multinational activity) and cut public spending. There is, of course, an alternative: to change the law so Apple actually pays taxes on this income. In current Congressional environment, this will happen immediately after hell freezes over.
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If Apple Didn’t Hold $181B Overseas, it Would Owe $59B in US Taxes
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(Score: 1) by tftp on Sunday October 11 2015, @01:29AM
The USSR wasn't socialist or communist, they were state capitalist, so all you're doing is comparing capitalism to capitalism.
The differences between the two are extremely small and focus primarily on who manages the factory - a council of workers or a hired manager. Both greatly differ from the "free market" capitalism in, primarily, nonexistence of that free market, and in nonexistence of all the associated characteristics - such as in ability to make financial decisions on the spot, to manufacture this vs. that, to buy from A instead of B, to hire some people and to fire other. This had to cause massive logjams of deficit and overproduction, no matter who is the person or the team that manages the factory. At no point in time, save the brief period of NEP, was the manager allowed to treat the factory as his property and to make financial decisions that benefit him personally (a characteristic of capitalism.) The managers were not much different from cashiers who received and distributed money according to orders from the above.
For a real-world example of socialism to compare to, try France, Denmark, Finland, the Netherlands, etc.
I know nothing about these industrial giants. I know far more about capitalist China. I know that Sweden was on several occasions toying with bankruptcy. See this tale [wordpress.com], written by someone who lived there and had every chance to embrace and enjoy all the best of Swedish modern socialism. For some reason she was left unimpressed.