The Russians Are Coming, The Russians Are Coming!

UpstateNYUPSer(Ret)

Well-Known Member
Doesn't matter. It won't "trickle down".

Apple keeps most of its cash outside the U.S. for tax reasons, but President Donald Trump and the Republican-controlled Congress are expected to change rules on repatriation of cash stored overseas, which could make it easier for Apple to spend some of the money on acquisitions without taking a major tax hit.
 

Jkloc420

Do you need an air compressor or tire gauge
Apple keeps most of its cash outside the U.S. for tax reasons, but President Donald Trump and the Republican-controlled Congress are expected to change rules on repatriation of cash stored overseas, which could make it easier for Apple to spend some of the money on acquisitions without taking a major tax hit.
they want to create a tax holiday
 

bbsam

Moderator
Staff member
Apple keeps most of its cash outside the U.S. for tax reasons, but President Donald Trump and the Republican-controlled Congress are expected to change rules on repatriation of cash stored overseas, which could make it easier for Apple to spend some of the money on acquisitions without taking a major tax hit.
Yes. And?
 

Jkloc420

Do you need an air compressor or tire gauge
Can you elaborate?
if they cant get it done doing the tax cut stuff, they want to create a holiday not just for apple but other companies where they can bring it back. They would only be taxed 10 percent and the 10 percent would be used for bridges, roads, etc..
 

UpstateNYUPSer(Ret)

Well-Known Member
if they cant get it done doing the tax cut stuff, they want to create a holiday not just for apple but other companies where they can bring it back. They would only be taxed 10 percent and the 10 percent would be used for bridges, roads, etc..

I had heard about lowering the corporate tax rate to 15% but had not heard of the tax holiday.
 
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