Friday, May 24, 2013

An App a Day Keeps the IRS Away

Recently genius Apple CEO Timothy D. Cook testified at a Senate hearing about corporate tax loopholes. Cook presented a report that showed that last year, Apple paid nearly $6 billion in taxes, making the company America’s Top Taxpayer.

However, Senator John McCain, who is not quite as bright as Cook, couldn’t understand how it was fair for Apple to keep money from products sold in other countries inside those other countries. Fortunately, Cook’s assistant, an Apple intern, swiftly designed a “gift App” for the IRS.

The App, called TaxBuddy, uses complex algorithms to analyze the user’s income and determines the scenario which will result in the highest possible income tax. The App captures all personal information and immediately e-files the data via tax return to the IRS. It also auto-flags old tax returns for audit.

President Barack Obama, who recently implemented a new policy to cc: him on stuff was aware of and had high praise for the App and immediately issued the following statement, “I do think at a certain point you’ve made enough money. This App will ensure that all Apple users pay their fair share. This is the type of Private-Public Partnership America needs to grow the economy.”

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