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Originally Posted by JustRalph
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We can add this coming from Apple, the greatest public company in the history of the world.
Of course, the anti-Trumpers on here said Trump will never get companies to come to the USA and invest; that Trump didn't know anything about free trade, fair trade or ... any trade, that's how stupid Trump is, so says our resident anti-Trumpers, who were smarter than all of us.
And Apple is just one of hundreds of companies making similar investments since the
Trump Tax Bill of 2017 was passed and signed. And it's only January 18th, 2018.
https://www.bloomberg.com/news/artic...patriated-cash
Here's a peek:
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Apple Inc. said it will bring hundreds of billions of overseas dollars back to the U.S., pay about $38 billion in taxes on the money and spend tens of billions on domestic jobs, manufacturing and data centers in the coming years.
The iPhone maker plans capital expenditures of $30 billion in the U.S. over five years and will create 20,000 new jobs at existing sites and a new campus it intends to open. The Cupertino, California-based company’s shares rose 1.7 percent to a record closing price of $179.10.
“We are focusing our investments in areas where we can have a direct impact on job creation and job preparedness,” Chief Executive Officer Tim Cook said in a statement Wednesday, which also alluded to unspecified plans by the company to accelerate education programs.
Apple also told employees Wednesday that it’s issuing stock-based bonuses worth $2,500 each following the new U.S. tax law, according to people familiar with the matter.
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