On May 14th 1968, what record label was formed?
The Beatles introduced Apple Records at a press conference in New York City on May 14, 1968. As far as history may tell us, the idea behind Apple was a tax dodge. The top tax rate in England at that time was enormous. And John Lennon said something to the effect of, 'We talked to our accountants. We realized we could either give the money to the government or we could put it into a business.'"
More Info:
en.wikipedia.org
What are your thoughts on this subject?
25 Comments
dmarkc
Paul became a walrus, so he didn't have to pay taxes.
JohnnyRoulette
Only one that made sense with that date
Corey Taylor
"Long time ago, When We Was Fab.
Back when Income Tax was all we had!"
--George Harrison
Linda Spreng
Steven Black, Both the question and explanation cite the year as 1968. Read it again.
tbear
tesla alset, got your back, Tesla! 😊 👍
tbear
Rob Bowman, good for you! 😊
Jenny Devereaux
Had to be.
Steven Black
Apple was the Beatles record label but the year is WRONG! Apple was formed BEFORE 1969!!
Christopher J Voce
Ol Tess man could be Elon Musk does anybody think ?
Joy Desreaux
Got it
Rob Bowman
After I answered the question correctly I read Tesla Aslet’s response and decided that from now on I am not going to say “Copy & Paste” I am going to Tesla Aslet.
Lisa Zornes Stolp
joan musicmasters, The Beatles.
patrhea
That always works!🤗
Lynne Zeman
Smart man.
Alan Straff
Chrysalis records was also founded in the same year but I didn't have a clue what month so plumped for Apple as I bought one of the first singles released on the label Hey Jude/ Revolution in the summer of 68.