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To: dennisw
IDIOT!!! That is a theoretical cash position unless it is allowed to come back to America. I would go along with what Donald Trump has been saying. Charge Apple and the others 10-15% tax to bring the billions back home where they will not be reinvested (that is a despicable lie) but given out to shareholders

No, Baron, Cash in the bank is cash in the bank no matter where you have it saved. Apple has cash in the bank in the USA and off-shore. It only gets discounted if it is brought back into the USA. Apple beat Donald Trump to that proposal to have a 10-15% repatriation tax instead of 35%. . . by several years. Apple has been campaigning to bring that money home for years, money Apple has already paid the income tax on where it was earned. It's real cash no matter where it is and Apple invests it all the time. It's invested now. Apple frequently spends that cash for plant and equipment upgrades.

Again, you haven't got a clue about what you are talking about.

By the way, what would be so bad about paying it out to stockholders OR investing it? Either way it will get invested in America in some form or other.

8 posted on 01/09/2016 8:42:14 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users continue....)
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To: Swordmaker
Again, you haven't got a clue about what you are talking about. By the way, what would be so bad about paying it out to stockholders OR investing it? Either way it will get invested in America in some form or other.

You know its a lie about reinvesting in America beyond their new  Calypso Louie designed mother ship in Cupertino California. But Apple has earned this money abroad so if goes to shareholders Its fine by me just so long as they pay a `10-15% tax

9 posted on 01/09/2016 9:12:45 PM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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