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TCJA: Apple repatriating cash and pumping it into US economy
#15
RE: TCJA: Apple repatriating cash and pumping it into US economy
There are some significant moves here by Apple (though not necessarily as significant as they're being made out to be) and I'm glad they're happening. Sounds like it will add some jobs to the American economy, and that's a good thing. That said, as someone who works in a big corporation, corporations have a knack for taking something they were going to do anyway or that is only a minor change from what they were going to do anyway and spinning it as linked to some policy they like. Big companies don't spin on a dime.

OTH, there's no reason the tax plan shouldn't have some good effects, particularly in the short run. The main pain comes if the expected revenue that is supposed to justify it doesn't materialize; in which case the most significant long-term result is underfunded programs and a much bigger national debt while big companies and the rich cash out in the short-term. Tax cuts aren't always bad, but these seem to be cuts for the sake of cutting.
I'm not anti-Christian. I'm anti-stupid.
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RE: TCJA: Apple repatriating cash and pumping it into US economy - by Mister Agenda - January 18, 2018 at 10:43 am

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