Apple to repatriate billions, Invest 350 billion dollars in US, Build 2nd campus due to tax reform (Iran, good news)
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And....Steve Cook is very direct about where the credit for bringing the $250B back, writing a check to The United States Treasury for $38B, creating 20,000 jobs, opening a new to be announced - as fat as location - campus. President Donald J Trump's 2017 Tac Cuts and Jobs Act.
Continuing to polish that sourness, aren't you? Probably so comfortable with it, you would have little to no identity without it. Huh?
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Originally Posted by Elliott_CA
Apple, another BLUE STATE success story from here in CALIFORNIA
But, but, but, wasn't he the left's hero, idol when he came out as gay? Guess the left is evolving. Kind of like Peter Thiel, they are not legitimate gays, if they are conservative or do something with a Republican, right?
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Originally Posted by moneill
Apple has been enjoying record profits and needed no incentive to expand and make more money.
But if Republicans wanted the government to spur the economy on by giving incentives/handouts/tax cuts to corporations enjoying record profits -- why didn't they say so.
I thought Republicans were about smaller govt.
Make no mistake the tax cut is the exact same thing as a 'bail out' except none of these companies needed bailing out -- they all have been thriving....and are happy to say tax cuts (more more more) will make them spend money. What we don't have is Apple's expansion plans before the tax cuts and then there tax cuts.
Saw the interview with the slimey Tim Cook. He said perhaps some of the stuff announced today was because of the tax cuts but there much that was always going to happen. No he didn't outline specifically what the tax cut impact was.......but of course he loves it.
Who knew -- corporations love getting tax cuts and pretend all their expansion are because of these tax cuts. Fuel for more tax cuts don't you think.
And....Steve Cook is very direct about where the credit for bringing the $250B back, writing a check to The United States Treasury for $38B, creating 20,000 jobs, opening a new to be announced - as fat as location - campus. President Donald J Trump's 2017 Tac Cuts and Jobs Act.
Continuing to polish that sourness, aren't you? Probably so comfortable with it, you would have little to no identity without it. Huh?
Well he would, wouldn't he? After DT and GOP hauled Mr. Cook and Apple on the carpet all during the 2016 election cycle and for months after winning/installed in office.
Giving credit to your worse nightmare for something you were planning on pretty much doing anyway is no skin off anyone's back. A bit of flattery goes along way... DT and GOP can hardly criticize Apple in future after this gracious corporate gesture.
Truth is we none of us know or will likely the true motivations behind this move. It may be as some of you wish, or there could be (and are) far more self serving reasons.
These tends of billions being paid to US Treasury may mean nothing if not coming from dollar dominated bank accounts. The USD has been declining against the Euro, British Pound and a few other currencies since DT was elected. Thus it can be rather a bargain to spend 38 Billion US dollars if are doing so from Euros or whatever.
And....Steve Cook is very direct about where the credit for bringing the $250B back, writing a check to The United States Treasury for $38B, creating 20,000 jobs, opening a new to be announced - as fat as location - campus. President Donald J Trump's 2017 Tac Cuts and Jobs Act.
Continuing to polish that sourness, aren't you? Probably so comfortable with it, you would have little to no identity without it. Huh?
He is not quite direct but he does credit most to the tax cut, I would hope there was an upside to going $1.5T in debt. We will see where that $250B ends up and the jobs he plans.
Put the pom-poms down until nest year, but good news for now.
Thanks for pointing this out. Stock buy backs improve EPS, which is good for those who provide risk capital, by buying stock. There are tens of thousands of Apple shareholders through pension funds, mostly public, but some private union pension funds, mutual fund investors, retail investors, governments...the list is endless.
They all benefit fro share by back by the boost it gives to the EPS ratio. Woot!
Actually, with the multiplier effect of investment, Cook estimates it will be in the are of $350BILLION after all of the investment has cycled through the economy.
Pom, poms. No, the genuine excitement about the positive affects is really to help you recovering liberal progressives know what is right and good in this world. Addicts need the reinforcement about good capitalistic news.
Example: Using qualifying words like "not quite direct", is like the addict who tells herself, I can shoot up just one more time, then I'll quit. Or the drunk who assures all, including himself, I can have just one drink. I can handle it.
That is it.
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Originally Posted by Goodnight
He is not quite direct but he does credit most to the tax cut, I would hope there was an upside to going $1.5T in debt. We will see where that $250B ends up and the jobs he plans.
Put the pom-poms down until nest year, but good news for now.
So? And Mr Obama never key hauled corporate execs? All you are saying here is that Mr Trumps Bully Pulpit is bigger than his predecessor. No surprise here.
Just proves how smart the folks at Apple are, which business people of major corporations are supposed to be. As far as fewer dollars?
Is $0 more than $2? Point being, we were not going to see any $, until our corporate tax code became world competitive. Your point has no teeth, in reality.
Quote:
Originally Posted by BugsyPal
Well he would, wouldn't he? After DT and GOP hauled Mr. Cook and Apple on the carpet all during the 2016 election cycle and for months after winning/installed in office.
Giving credit to your worse nightmare for something you were planning on pretty much doing anyway is no skin off anyone's back. A bit of flattery goes along way... DT and GOP can hardly criticize Apple in future after this gracious corporate gesture.
Truth is we none of us know or will likely the true motivations behind this move. It may be as some of you wish, or there could be (and are) far more self serving reasons.
These tends of billions being paid to US Treasury may mean nothing if not coming from dollar dominated bank accounts. The USD has been declining against the Euro, British Pound and a few other currencies since DT was elected. Thus it can be rather a bargain to spend 38 Billion US dollars if are doing so from Euros or whatever.
I don’t know why but this has to be the institutionalized racism!
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