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Forums - Politics Discussion - Apple is bringing their overseas money back to the US (350B$ investments)

Teeqoz said:
Kerotan said:

No it won't because since they've been forced to pay ireland 13BN they've invested billions more into Ireland and show no signs of slowing down. Fair play to the eu for standing up to them.

 

Anyway maybe trump isn't so bad after all. He should try and get a tech hub going in Detroit and get these companies coming back to America giving employment to places that need it the most. 

Why force a tech hub in Detroit when you already have several thriving tech hubs in the US?

Because Detroit needs it and you don't force it, you develop it. America is big enough to fit anther especially if trump gets more investment back in. 



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Teeqoz said:
Turkish said:

They work well with their corporate philosphy,if they ever had one, just as much as Beats did. For instance, American Express cards, Apple(Tesla) cars, Nvidia(for gpu and AI purposes). SpaceX? Just because it's such an innovative company which could rule space exploration and global hyper fast travel (with their rocket travel concept) one day. Basically making everything from your phone, to your credit card and car, to your travel means serviced by Apple. They would not be a trillion dollar company, but several trillions.

All those would add tremendously to the Apple brand. And I'd make Elon Musk the CEO of Apple, if he so desired.

And yeah, basically the only thing that would be missing is ruling the living room, which could be fixed with a TV and console.

Tesla is the only one that makes some sense for Apple, but even then, Apple might be better served spending 80 billion dollars to develop an equivalent if they absolutely want to make cars.

Nvidia is a "parts" company, similar to Samsung, in that it supplies chips to everyone. That is very un-Apple. Integrating AmEx into Apple is just creating a service Apple already offers - Apple Pay. It adds nothing to their ecosystem.

If you're after trillion dollar companies, Apple will be the first, but if you're after multitrillion dollar companies, I'd look to Amazon, Google, Alibaba (out of currently know ones).

Makes more sense to buy Tesla than spend the R&D to start from scratch. Tesla has brand name, makes kickass cars, has kickass batteries and technology already. Tesla would be a great fit and with Apple's money would scale them up to where they wanna be at.

Nvidia would be a great fit, but then again Apple's own CPU design since the last few years is catching up to Intels, they could make the same improvements for GPU so yeah, maybe not the strongest suggestion.

Apple Pay isn't available in many places, I'd integrate AmEx with Apple Pay, this is an interesting article: https://9to5mac.com/2016/06/21/apple-acquire-american-express-to-grow-apple-pay/

AmEx also has a great rewards program, which could tie in well with their other divisions.

These are premium brands just like Apple, and could outlive the smartphone business. Apple should prepare itself if the future isn't with idevices.



Worth noting that both the spending and hiring estimates are roughly in line with how they have been spending and hiring over the last few years.



Now for Google and Microsoft to follow suit.



Xbox 360 and Xbox One

Gamertag:  GamertagOz70

Aeolus451 said:

Oh look... The evil tax bill is at work again.

The crackdown from the EU and very likely more hidden deals for future tax breaks surely have nothing to do with this.

But yet again people only look at initial big numbers. 350bn over 5 years is nothing. There will be deals with the states that will make them more than twice of that back to the detriment of tax payers, I guarantee it. The tax breaks and incentives some companies get to settle in the US are outright disgusting and will swallow up any tiny contributions like laughable 350bn over 5 years.

The US, thanks to lackluster regulation and gigantic tax breaks is already a haven for big companies compared to other developed nations. The issue is just that there are a few percentage points more profit to be made in 3rd world countries. But it's just not feasible for big nations like the US to try and compete with those places and will only hurt the country in the long run.

Unless of course the US aims to become one of those "shithole countries" where people have to work 16h a day for laughable minimum wages that barely keep them above the poverty line.

Last edited by vivster - on 18 January 2018

If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.

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Teeqoz said:
Corporate tax should be paid where the money is made, and after that shouldn't be taxed when moving across borders.

I agree with this

otherwise, big companies like Microsoft, Google, Apple etc get too powerful, to the point that they control the governments



don't mind my username, that was more than 10 years ago, I'm a different person now, amazing how people change ^_^

vivster said:
Aeolus451 said:

Oh look... The evil tax bill is at work again.

The crackdown from the EU and very likely more hidden deals for future tax breaks surely have nothing to do with this.

But yet again people only look at initial big numbers. 350bn over 5 years is nothing. There will be deals with the states that will make them more than twice of that back to the detriment of tax payers, I guarantee it. The tax breaks and incentives some companies get to settle in the US are outright disgusting and will swallow up any tiny contributions like laughable 350bn over 5 years.

The US, thanks to lackluster regulation and gigantic tax breaks is already a haven for big companies compared to other developed nations. The issue is just that there are a few percentage points more profit to be made in 3rd world countries. But it's just not feasible for big nations like the US to try and compete with those places and will only hurt the country in the long run.

Unless of course the US aims to become one of those "shithole countries" where people have to work 16h a day for laughable minimum wages that barely keep them above the poverty line.

The U.S. reduced it's corporate tax to similar levels as the EU and companies are coming back. It's that simple.  350 billion is not chump change.



They were already doing so, the macs are arleady made back in the states (or also) but this seems more like a huge advertisement.

Amazon is doing the same and now we have a bidding war with cities like illinois who will give them basically +1 billion $ annually.

It's a vicious circle: The retail sector is schrinking=> Amazon gets the blame (last month alone 30k retail jobs were lost)=> Amazon makes promise to open new hub => Promises to create jobs => People are happy => State gives them litterally money => Small retailers can't give the same prices => the retail sector is schrinking...






Aeolus451 said:
vivster said:

The crackdown from the EU and very likely more hidden deals for future tax breaks surely have nothing to do with this.

But yet again people only look at initial big numbers. 350bn over 5 years is nothing. There will be deals with the states that will make them more than twice of that back to the detriment of tax payers, I guarantee it. The tax breaks and incentives some companies get to settle in the US are outright disgusting and will swallow up any tiny contributions like laughable 350bn over 5 years.

The US, thanks to lackluster regulation and gigantic tax breaks is already a haven for big companies compared to other developed nations. The issue is just that there are a few percentage points more profit to be made in 3rd world countries. But it's just not feasible for big nations like the US to try and compete with those places and will only hurt the country in the long run.

Unless of course the US aims to become one of those "shithole countries" where people have to work 16h a day for laughable minimum wages that barely keep them above the poverty line.

The U.S. reduced it's corporate tax to similar levels as the EU and companies are coming back. It's that simple.  350 billion is not chump change.

As if anyone even gives a fuck about advertised tax rates with special tax breaks and lobbied tax holes big enough to fit Trumps gigantic ego through it.

And yes, 350bn is chump change compared to the amount that they will drain from state treasuries. It's chump change for Apple and it's chump change for a country as big as the US. If it wasn't, Apple wouldn't make such a decision.

No single resident of the US will ever see a single penny of those tax dollars because they're immediately swallowed up again.



If you demand respect or gratitude for your volunteer work, you're doing volunteering wrong.

spurgeonryan said:
Aren't they the ones that just had to pay some huge fine or back taxes to the EU or something? I guess that will show the EU for enforcing APPLE to do stuff.

You can have Apple, if they don't pay their fair taxes in Ireland (which are already low), they're not contributing to society in Europe.