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As you said, they are being incentivized to do so. It isn’t mandatory, which is what this whole argument is about. I don’t know how it’s “pure fiction” to point

As you said, they are being incentivized to do so. It isn’t mandatory, which is what this whole argument is about. I don’t know how it’s “pure fiction” to point that out, when your own comment literally says what I have been saying.

threeseed 9y ago
> The fact that they are deploying that capital here indicates some level of belief that the American economy will thrive under this tax plan. This statement is fiction. There is nothing from Apple indicating this.
- downandout 9y ago
  They are indicating it by doing it. That cash doesn't have to remain here; they simply have to pay taxes on it. The only reason that a rational corporation would keep it here is because they believe it's a good investment.
  - m52go 9y ago
    Sorry you keep getting hassled for such a simple point. The tax is being levied on all overseas money (mandatory) and some companies are deciding to bring that money back to the USA (voluntary). Not sure what's so hard to understand about that.
    - downandout 9y ago
      Thanks, I don't get it myself. I guess simply stating what a bill actually does is going to have a hard time here on HN, if that bill has even a tangential connection to the current administration. It has become a holy war.
  - threeseed 9y ago
    Again. Apple has said nothing about the economy. We could be in a 1930's recession and it would still be tax-advantageous to bring the money back. Especially since Apple is tipped to use it for stock buy back.
    - downandout 9y ago
      Again, they don't have to bring it back - it was going to be taxed regardless. They could pay the tax and invest it somewhere else. They chose to invest it here. Analogy: Anyone can open a cryptocurrency masternode [1] and get a several percent per month ROI, paid in that currency. I don't want to do that unless I believe in a given coin, however, because I must invest in and hold a large amount of the given coin in order to operate the masternode and get the return. Yes, I am being incentivized to do so, but it still doesn't make sense unless I believe in the underlying investment. [1] https://masternodes.online/ https://masternodes.online/
  - pavlov 9y ago
    The main reason for bringing the cash back to the US is to pay it out to shareholders. They couldn’t do that while it was overseas. Now that it’s taxed anyway, shareholders will demand their cut. Maybe the shareholders “believe in America” and will invest their gains in the country. Or maybe they’ll stash most of it in tax havens. Nobody knows — but it’s disingenuous to argue that somehow 100% of the repatriated money will be invested when America’s wealthy classes haven’t been doing that previously either.

threeseed 9y ago

> The fact that they are deploying that capital here indicates some level of belief that the American economy will thrive under this tax plan. This statement is fiction. There is nothing from Apple indicating this.

downandout 9y ago
They are indicating it by doing it. That cash doesn't have to remain here; they simply have to pay taxes on it. The only reason that a rational corporation would keep it here is because they believe it's a good investment.
- m52go 9y ago
  Sorry you keep getting hassled for such a simple point. The tax is being levied on all overseas money (mandatory) and some companies are deciding to bring that money back to the USA (voluntary). Not sure what's so hard to understand about that.
  - downandout 9y ago
    Thanks, I don't get it myself. I guess simply stating what a bill actually does is going to have a hard time here on HN, if that bill has even a tangential connection to the current administration. It has become a holy war.
- threeseed 9y ago
  Again. Apple has said nothing about the economy. We could be in a 1930's recession and it would still be tax-advantageous to bring the money back. Especially since Apple is tipped to use it for stock buy back.
  - downandout 9y ago
    Again, they don't have to bring it back - it was going to be taxed regardless. They could pay the tax and invest it somewhere else. They chose to invest it here. Analogy: Anyone can open a cryptocurrency masternode [1] and get a several percent per month ROI, paid in that currency. I don't want to do that unless I believe in a given coin, however, because I must invest in and hold a large amount of the given coin in order to operate the masternode and get the return. Yes, I am being incentivized to do so, but it still doesn't make sense unless I believe in the underlying investment. [1] https://masternodes.online/ https://masternodes.online/
- pavlov 9y ago
  The main reason for bringing the cash back to the US is to pay it out to shareholders. They couldn’t do that while it was overseas. Now that it’s taxed anyway, shareholders will demand their cut. Maybe the shareholders “believe in America” and will invest their gains in the country. Or maybe they’ll stash most of it in tax havens. Nobody knows — but it’s disingenuous to argue that somehow 100% of the repatriated money will be invested when America’s wealthy classes haven’t been doing that previously either.