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I love this video of all these smuggly ignorant media types and politicians all claiming it is crazy to think Corporations would use these tax savings to reinvest in our economy.
www.youtube.com/embed/6mfEJ-j2pNo
Apple expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States.
pple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years
Interesting math that Apple only has 250 billion overseas but are going to contribute 350 billion to the US economy. How does that work exactly?
Strategist sayspple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years
Interesting math that Apple only has 250 billion overseas but are going to contribute 350 billion to the US economy. How does that work exactly?
Those experts must feel real real stupid. ROFL
This will be an unqualified success, and will net billions per redirected dollar, exactly like the Carrier and Ford press releases did!
If you don't believe, you hate AMERICA! and need to FUCKING! DIE!
The press release said so, so it's exactly as if GOD! made it happen.
Giving out 10% of tax saving ONE TIME and keeping 90% is supposed to be a great deal for the working man? Stupid trump supporters.
Just pretend this doesn’t come from the deficit which will have to be paid by their children’s and grandchildren.
They are talking of 20,000 new jobs. x 200K that's $4 billions.
The rest is bonuses for execs.
So that means $4 billion EACH YEAR just in new hires, another $1.5 billion in benefits EACH YEAR, then more money spent on building the new campus, and probably some acquisitions of new tech. The money left over will probably be spent on executives and maybe some of the 120,000+ Apple employees. Maybe some will be stuffed in mattresses too?
Believe it. There are over 200 Corporations (and counting) that have already raised wages and handed out bonuses citing the passage of the tax reform bill.
That's already happened.
Evidence of how much the economy improved:
https://www.google.com/amp/s/www.dailywire.com/news/25952/report-trumps-support-among-blacks-doubles-despite-ryan-saavedra%3famp
IF Trump were to get 15% of the black vote, that would be higher for a Republican candidate than any other time in my life
Giving out 10% of tax saving ONE TIME and keeping 90% is supposed to be a great deal for the working man? Stupid trump supporters.
Just pretend this doesn’t come from the deficit which will have to be paid by their children’s and grandchildren.
So this was all planned prior to the tax reform.
"Let me be clear, there are large parts of this that are a result of the tax reform, and there's large parts of this that we would have done in any situation," Cook said.
So this was all planned prior to the tax reform. Except for repatriation of all that cash to pay big, juicy executives bonuses
How many working bums will get bonuses & new higher paying jobs?
Exit polls from the 2016 presidential election show that only 4% of black women voted for Trump while 13% of black men voted for him, according to CNN.
Broken down by gender, Trump's support from black women has nearly tripled from 4% to 11%, while his support from black men has nearly doubled from 13% to 23%.
https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years
Apple says the new tax law will help it will contribute $350 billion to the U.S. economy over the next five years.
It says it will create 20,000 new jobs and open a new campus.
Apple expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States.