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

[Aeolus451]

vivster said:

Aeolus451 said:

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.

Yeah yeah evil corporations are out to get us.....  *yawn

Ultimately, people in the U.S. will benefit from this