tag:blogger.com,1999:blog-6685155377705481833.post5705150489225693522..comments2023-09-22T03:17:50.469-04:00Comments on Middle Class Political Economist: A bet with Tim Worstall on Apple's state aid repaymentKenneth Thomashttp://www.blogger.com/profile/05747704671007690674noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6685155377705481833.post-68173691388623351912016-08-30T06:33:11.027-04:002016-08-30T06:33:11.027-04:00Well, you win that one. Must admit to being entire...Well, you win that one. Must admit to being entirely astonished at the reasoning. Very tortured to my mind.Tim Worstallhttps://www.blogger.com/profile/13161727860817121071noreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-83711699684877270122016-07-23T15:43:23.676-04:002016-07-23T15:43:23.676-04:00Yes, that's how I see the bet as well.
I'...Yes, that's how I see the bet as well.<br /><br />I've never been to Portugal, but it's on my to-visit list, so perhaps the bet could eventually be settled with a beer. Cheers.Kenneth Thomashttps://www.blogger.com/profile/05747704671007690674noreply@blogger.comtag:blogger.com,1999:blog-6685155377705481833.post-41650325515790540702016-07-23T03:15:02.228-04:002016-07-23T03:15:02.228-04:00Let's be quite clear about what my assertion i...Let's be quite clear about what my assertion is. It's not that Apple will win or lose the case. It's about the size of their loss if they do.<br /><br />Specifically, assume Apple loses. I am stating that the settlement (repayment of non-paid tax) will be of the order of $200 million to cover a decade.<br /><br />The other way to read my assertion is that even if Apple loses then the settlement will not be in the billions that some are predicting.<br /><br />That settled as to a beer in London....I don't actually live in the UK so that's not really going to work. Southern Portugal I could manage though....Tim Worstallhttps://www.blogger.com/profile/13161727860817121071noreply@blogger.com