Funny, when Exxon Mobil Corp. reported quarterly earnings of more than $13 billion a quarter in 2008, those profits were called "obscene." In fact, then-presidential candidate Barack Obama called for a windfall profit tax to prevent Exxon from grossly profiting from America's addiction to oil. Given Apple Inc.'s earnings of $13.1 billion in the fourth quarter of 2011 ("Apple Sets New Bar for Industry," Technology, Jan. 25) where is the call for a windfall profits tax to prevent Apple from grossly profiting from America's addiction to smart phones and nifty electronic gadgets?
Douglas Barry
San Francisco
Poor Doug. Apparently he doesn't realize that because lefties love Apple products - but hate evil oil companies - only the Evil Ones will have to pay the "windfall" taxes.
Make stuff or have services that lefties like - and you are home free! (Literally and figuratively.)
Posted by: Peg | Sunday, 29 January 2012 at 08:45 PM