If Trump is elected, I look forward to him helping Apple repatriate some of the taxes they should have been paying.
Do you always listen to Democrat talking points? Apple is among the largest tax payers of American businesses and in fact has one of the highest effective tax rates of American Corporations at an annual Effective Tax rate of 27.9% on the last corporate Income Tax Return. In 2012, Apple paid more US Income Taxes than any other US Business, sending $1 out of every $40 that the IRS collected in Business Income Taxes that year. Apple is paying every dollar of taxes it owes.
The money that Apple holds off shore is from money it EARNED and paid income taxes on off shore. To repatriate that already taxed money, the US government wants to TAX it AGAIN at a 38% rate, even though it was already accounted for, and had INCOME TAXES PAID in the jurisdictions where it was earned! These are funds essentially in Apple's savings accounts. . . which Apple is told it cannot bring home to invest in America without giving a huge share to Uncle Sam!
The USA is only one of TWO countries in the world that taxes already taxed earnings like this. The other is a land-locked, podunk African dictatorship. All of the rest have modern taxation systems that recognize their businesses need to bring their earnings home to invest in their own home countries without being fleeced by their own governments!