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Apple commits $430B in US investments over five years

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Re: Apple commits $430B in US investments over five years

#61

Post by [deleted] »

gowld wrote: post #36
ksec wrote: post #31

>Apple’s $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend — including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry. I dont like how Apple spin this as investment in the headline, when it is clearly contribution . If you buy…

That's a standard use of the term "investment" in the macroeconomic sense of exchanging money to get people to do work so they can pay other people to do work for them. Ita because paying US people for that work is better for the personal development of (otherwise underemployed) US people than paying non-US people.

[deleted]

Re: Apple commits $430B in US investments over five years

#62

Post by gruez »

sumedh wrote: post #57
katbyte wrote: post #41

Earlier quoted context omitted.

You can’t expect a company (or individual) to not act in their best interests - it’s up to the Goverment to make the law and tax code fair or redistribute wealth

Warren Buffett and Bill Gates say they should be paying more taxes.

But they're not voluntarily doing so. They don't want to be the only ones doing it.

Re: Apple commits $430B in US investments over five years

#63

Post by nanny »

JumpCrisscross wrote: post #51
Traster wrote: post #33

I kind of hate the way Apple phrases their business investments like they're performing some great charitable act. Also, I'll wait for an external audit of whether they're paying all the relevant local taxes before I would consider giving them credit for these "investments" in local infrastructure they're making.

> hate the way Apple phrases their business investments like they're performing some great charitable act Why do you think domestic investment is so economically useless that it must be a charitable act? Cupertino is announcing spend. Spending here is better for people here, ceteris paribus , than spending there. If they announced $430bn in new Southeast Asian contracts, there would be a twin top comment lamenting Ap…

>Why do you think domestic investment is so economically useless

GP never implied that it was "useless" at all. Your question (to use some more Latin) is a total non-sequitur.

>there would be a twin top comment lamenting Apple's lack of domestic spending.

Yes, different people have different opinions.

Re: Apple commits $430B in US investments over five years

#65

Post by gher-shyu3i »

Traster wrote: post #33

I kind of hate the way Apple phrases their business investments like they're performing some great charitable act. Also, I'll wait for an external audit of whether they're paying all the relevant local taxes before I would consider giving them credit for these "investments" in local infrastructure they're making.

Taxes will be payed purely by virtue of hiring the 20,000 employees they want, which will stimulate the economy. Let's not dumb down the conversation by claiming that companies lowering their tax expenditure is somehow bad.

Tax breaks stimulate innovation and investments.

Re: Apple commits $430B in US investments over five years

#66

Post by kshacker »

arthur_sav wrote: post #30
tolbish wrote: post #17

Correct me if I'm wrong, but I take it the funding going into all of these office spaces means remote working at Apple is more or less impossible in the future for the vast majority of employees?

I see it the other way. Choose to live anywhere in the US and you get a Hub for your team meetings / office space.

Absolutely. Cupertino, Vancouver, Austin, Research Triangle and many more I guess.

Re: Apple commits $430B in US investments over five years

#67

Post by temp8964 »

Traster wrote: post #33

I kind of hate the way Apple phrases their business investments like they're performing some great charitable act. Also, I'll wait for an external audit of whether they're paying all the relevant local taxes before I would consider giving them credit for these "investments" in local infrastructure they're making.

Why investments should be like charitable act? Investments are suppose to be win-win, because they are investments, not handing out money ...

Also, it is a very low level misconception that paying local taxes is how you contributing to the local community. No. Investing is already contributing to the local community. The business will build campus there, and hire people there, and also increase other local businesses surround the campus. And those people work for them pay income taxes there and also pay consumer taxes there. Every local government understand these, that's why they want to attract investments and give their tax breaks, because investments alone bring benefits to the local community.

It would be extremely stupid for any local government to say: Hey we don't you invest hundred millions in our community, unless you pay full taxes. Lol.

Re: Apple commits $430B in US investments over five years

#68

Post by JumpCrisscross »

nanny wrote: post #63
JumpCrisscross wrote: post #51

Earlier quoted context omitted.

> hate the way Apple phrases their business investments like they're performing some great charitable act Why do you think domestic investment is so economically useless that it must be a charitable act? Cupertino is announcing spend. Spending here is better for people here, ceteris paribus , than spending there. If they announced $430bn in new Southeast Asian contracts, there would be a twin top comment lamenting Ap…

>Why do you think domestic investment is so economically useless GP never implied that it was "useless" at all. Your question (to use some more Latin) is a total non-sequitur. >there would be a twin top comment lamenting Apple's lack of domestic spending. Yes, different people have different opinions.

> GP never implied that it was "useless" at all

The announcement uses the word investment 17 times. Reading that as a charity pitch requires a few logical leaps.

Companies announce foreign direct investment all the time. Nobody thinks they're trying to look like a charity.

Re: Apple commits $430B in US investments over five years

#70

Post by anon_tor_12345 »

JumpCrisscross wrote: post #51
Traster wrote: post #33

I kind of hate the way Apple phrases their business investments like they're performing some great charitable act. Also, I'll wait for an external audit of whether they're paying all the relevant local taxes before I would consider giving them credit for these "investments" in local infrastructure they're making.

> hate the way Apple phrases their business investments like they're performing some great charitable act Why do you think domestic investment is so economically useless that it must be a charitable act? Cupertino is announcing spend. Spending here is better for people here, ceteris paribus , than spending there. If they announced $430bn in new Southeast Asian contracts, there would be a twin top comment lamenting Ap…

>Why do you think domestic investment is so economically useless that it must be a charitable act?

that's not what op (the person you're responding to) is saying at all. they're simply saying that apple disguises its infrastructure spending as charity and that that's off-putting. in fact it's not charity and furthers their own goals.

it'd be like me claiming to be a philanthropist because i had to a build a road connecting my factory to my mine that incidentally connects towns along the way. note this is example is right on the nose because this is exactly what corporations do.

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