The Apple logo at the entrance to the Fifth Avenue Apple store in New York. (Don Emmert/Agence France-Presse via Getty Images)

The Sept. 12 editorial “Slicing the Apple pie” decried the revenue lost because of corporate tax “inversions.” The loss is one of many unintended consequences of a fallacious economic model that assumes that corporations pay taxes. Any money that Apple has comes from its customers or investors; any tax that Apple pays to governments (U.S. or other) was added to the purchase price or was subtracted from the return on investment.

The solution is to collect the required revenue closer to the actual source with a national sales or value-added tax and to eliminate the illusory corporate income tax, and with it the perverse incentives that lead to “inversions.” Corporations don’t pay taxes; people do.

R.A. LeFande, Fort Washington