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View Full Version : *Apple To Bring Back $250B From Overseas, Invest $350B in USA.......



LongTermGuy
01-18-2018, 12:24 AM
https://www.glocktalk.com/attachments/fkkxcnv-gif.379262/

Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years

Apple's $350billion windfall for the US economy: Firm will create 20,000 new jobs, build a second HQ, give all their employees a $2,500 bonus, and pay $38billion in US taxes on their foreign cash in the next five years


Apple released a statement on Wednesday, saying they will contribute $350billion to the U.S. economy over the next five years


The Cupertino, California-based company announced plans to hire 20,000 more employees and build a new campus


They will also pay $38billion in taxes on $252.3billion in overseas cash, hinting that they may be repatriating that money


Their repatriation tax bill under Trump's reforms will be the biggest payment of its kind ever seen


Apple also joins Amazon.com Inc in scouting for a location for a second campus


They also plan to spend $55 billion with U.S.-based suppliers in 2018, up from $50 billion last year.




http://i.dailymail.co.uk/i/pix/2018/01/17/19/483CA71800000578-5280691-image-a-110_1516215738723.jpg


http://www.dailymail.co.uk/news/article-5280691/Apple-pay-38-bln-U-S-taxes-foreign-cash-open-new-campus.html

LongTermGuy
01-18-2018, 12:25 AM
:thumb:

http://media.giphy.com/media/xjqNH3Bml1gTC/giphy.gif

LongTermGuy
01-18-2018, 12:48 AM
"Tim Cook, Apple's CEO, said he hopes to build on the company's support for the US economy"

http://i.dailymail.co.uk/i/pix/2018/01/17/20/4121EBEA00000578-5280691-image-a-7_1516220440371.jpg

http://i.dailymail.co.uk/i/pix/2018/01/17/20/483CA14500000578-5280691-image-a-4_1516220181346.jpg

Apple joins Amazon.com Inc in scouting for a location for a second campus. Their main hub (above) is located in Cupertino, California

http://i.dailymail.co.uk/i/pix/2018/01/17/20/483CA13F00000578-5280691-image-a-6_1516220401968.jpg

Apple's largest operations center in Cupertino is known as the 'spaceship'

NightTrain
01-18-2018, 08:09 AM
And yet the dems insist that the tax plan was a real bad idea.

Black Diamond
01-18-2018, 08:46 AM
And yet the dems insist that the tax plan was a real bad idea.
America first is the language of the Klan.