(February 2, 2018 at 3:50 pm)Wololo Wrote: Hey, fuckface, explain to me then what Apple's $285bn cash pile is doing? If the rich are so mad to invest their money, why does the company have such a huge pile of cash sloshing around between Bermuda and the IFSC?
They have huge piles of cash offshore because the corporate tax rate in America has been 35%. Now that the rate is being lowered to be in line with the rest of the world, money is coming back to the US.