Apple plans new U.S. campus, to pay $38B in foreign cash taxes

Post by 111_1_111 » Wed, Jan 17, 2018, 7:52 PM UTC

nikofeyn wrote: post #32

these corporations are just so full.of themselves. it's at least a little funny that this article gives me a steve holt vibe, being written in first person, but i feel apple has just created the headline and story they want the media to copy. i feel like apple would improve my life more (better phrased as stop impacting my life negatively) if they would spend as much time making their products work better instead of…

Post by milcron » Wed, Jan 17, 2018, 7:54 PM UTC

tooltalk wrote: post #17

I'd like to know who those 9,000 American suppliers and manufacturers are. Other than Corning who supplies the Gorilla Glasses for almost all smartphone makers, I can't really name any significant domestic suppliers who would make up $55B of their "spending."

Post by southphillyman » Wed, Jan 17, 2018, 7:56 PM UTC

nodesocket wrote: post #42

All the comments seem to be sketpical or negative. I think it's funny if you go back right before tax reform passed and look at all the comments on articles here on HN almost all were blasting tax reform. Saying it won't work, it does not help the economy, does not create jobs, and repatriation only leads to stock buybacks and executive bonuses. So far we've seen company after company giving substantial bonuses to al…

Post by gjacolby83 » Wed, Jan 17, 2018, 7:58 PM UTC

downandout wrote: post #36

I find it fascinating that a tax plan proposed by a President reviled throughout the Valley is the one thing that finally convinced Apple to repatriate much of its overseas cash and invest it here in the US. They of course give no credit to him in this press release, but the proof is in the pudding. Of the many heavy handed ideas and efforts made by the previous administration to convince Apple to do this, exactly 0…

Post by Clanan » Wed, Jan 17, 2018, 7:59 PM UTC

southphillyman wrote: post #45

nodesocket wrote: post #42

All the comments seem to be sketpical or negative. I think it's funny if you go back right before tax reform passed and look at all the comments on articles here on HN almost all were blasting tax reform. Saying it won't work, it does not help the economy, does not create jobs, and repatriation only leads to stock buybacks and executive bonuses. So far we've seen company after company giving substantial bonuses to al…

To be fair the bonuses I've heard about have been laughable so far and accompanied by large lay offs in two cases (Walmart and Comcast).