On: How Apple sidestepped a 2013 crackdown on its Iris...

[crdoconnor]

>if you tax the company they increase the cost of the phone

Raising your prices in response to not making as much profit as you desired is not often a winning move in business.

[mattnewton → crdoconnor]

And a tax on the phone does this, so they either lower the cost and eat it, or suffer the same fall in demand as when the price of the phone increases to protect their margins.

[crdoconnor → mattnewton]

Perhaps, but a tax on profits does not do this.