Apple's $30 Billion Jobs Investment
Did you say "trickle down economics"? Scratch that... it looks like a waterfall. Apple plans to take advantage of the incentive in the Tax Reform law by paying the 15.5% one time tax on repatriated foreign profits, a tax of about $38 billion. Apple also in tandem plans to increase investment in the US by about $30 billion. According to a Reuter's news report, when asked whether the job creation announcements were directly related to the Republican tax plan, Apple CEO Tim Cook