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

[vivster]

irstupid 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.

Got to love it. The wall costing 70 billion to make is insane and outrageous and we can't afford it. Apple comes back to the US and we get 38 billion in tax revenue instantly and 350 billion future taxable revenue  and that is chump change.

It's actually not even chump change because no one will ever see that money thanks to tax breaks for Apple elsewhere. While the wall which initially should've cost nothing, now costs a minimum of 70bn, will do nothing and waste money that could've gone elsewhere. All while the government shuts down agencies and programs that actually do something but cost only a few billions.