…to see how the Democrats and the media (pardon the redundancy) try to paint this as a tile toxic side effect of the Republican tax reform plan.
The headline from Apple is that it will make a $350 billion “contribution” to the U.S. economy over the next five years, although it’s unclear exactly how the company came to that number.
The company also promised to create 20,000 new jobs and open a new campus.
It said it expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States. This implies it will repatriate virtually all of its $250 billion in overseas cash.
It will be an amazingly creative exercise, when it happens. But it will happen.
As Hale Razor tweeted, You know a Republican is in the White House when Apple announces a commitment to the economy of $350B and 20,000 new jobs, North and South Korea are talking, the Dow closes above 26,000 for the first time… and the news media is focused like a laser on the President’s weight.
Obviously a result of 0bumbler economy finally kicking into high gear.
( sarcasm/off for the easily triggered in the audience )
You’ve already seen the spin — any money repatriated to the United States or used to raise workers wages is a mere fraction of “our” money Trump has given away to the 1% and the multi-national corporations. I would love to see a diagram shwing where a liberal thinks money goes when people (poor or rich) spend it themselves rather than hand it over to government bureaucrats to spend it for them.
You wanna see where you end up with socialism? Don’t look to Venezuela, look to California. It’s juggernaut of a progressive state legisture & governor are virtue-signaling themselves into Hell. They now want to take away in taxes any money the feds give back to the people in reduced taxes. See also the pardoning of illegals for crimes that would put a citizen away for years (including violent crime), and threatening Californians with legal action for obeying federal immigration laws.
If Tim Cook and Apple had any humanity, they would give the entire $350 billion to the Saint Paul School System. I am sure Dr. Joe could squeeze it into his budget.
Not enough. Greg. Dr. Joe cannot work with such pittance.
You know, if my employer wanted to give me “crumbs” in the form of a $1,000 bonus, I wouldn’t give a flying rat’s ass why.
Meanwhile, more winning:
Mick Mulvaney, the new director of the agency, just requested zero dollars from public money in his budget… In his first quarterly funding request as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is asking for nothing. “This letter is to inform you that for the Second Quarter of Fiscal Year 2018, the Bureau is requesting $0,” he wrote Wednesday to Janet L. Yellen, chair of the Federal Reserve…”
You like this too, jpa.
s/You/You’ll/, geez.
Yea, I saw that. The only thing I can say is more, faster. The shutdown, if it happens, may actually make that a reality. I hope most non-essential swamp creatures are told never to come back.