"The European Union is ordering Apple to pay $14.5 billion in back taxes that it claims the tech giant
didn’t pay due to illegal deals with Ireland. Steve Hilton, former strategy director for David Cameron, weighed in on why this was a factor behind Britain’s decision to leave the EU. Will Brexit, its anti-establishment sentiment, as well as its opposition to EU taxes and regulations draw comparisons to Donald Trump’s campaign in the 2016 presidential race?
Hilton viewed Apple’s deals with Ireland as completely legal despite the EU’s efforts to get more money out of the company.
“I think that what’s going on here is that Apple and Ireland were doing something completely within the law. Ireland was trying to attract business to its shores to create jobs and investment and of course the European Union centralizing bureaucracy hates that because they want every European country to be equally unattractive to business. And so they want more taxes and more regulation everywhere, equally spreading the pain. And if one country tries to compete, they don’t want that to happen,” Hilton told the FOX Business Network’s Stuart Varney.
Hilton viewed this major factor behind the campaign leading up to the Brexit vote.
“That’s a great reason for leaving the EU and one of the main arguments in the Brexit campaign.”
Hilton viewed Apple’s deals with Ireland as completely legal despite the EU’s efforts to get more money out of the company.
“I think that what’s going on here is that Apple and Ireland were doing something completely within the law. Ireland was trying to attract business to its shores to create jobs and investment and of course the European Union centralizing bureaucracy hates that because they want every European country to be equally unattractive to business. And so they want more taxes and more regulation everywhere, equally spreading the pain. And if one country tries to compete, they don’t want that to happen,” Hilton told the FOX Business Network’s Stuart Varney.
Hilton viewed this major factor behind the campaign leading up to the Brexit vote.
“That’s a great reason for leaving the EU and one of the main arguments in the Brexit campaign.”
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Hilton took on the U.S. tax code that drove Apple to make the deals with Ireland in the first place." FOX
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