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I think the tax bill from last year helped some with this[0]. Apple announced that they would be bringing back billions of $ from overseas holdings due to chan

by kyrra 8y ago

I think the tax bill from last year helped some with this[0]. Apple announced that they would be bringing back billions of $ from overseas holdings due to changes in the laws, and investing it in the US. Google has been expanding in NYC for a while. Back in February, they bought their existing building for $2 billion[1]. [0] https://www.nytimes.com/2018/01/17/technology/apple-tax-bill-repatriate-cash.html https://www.nytimes.com/2018/01/17/technology/apple-tax-bill... [1] https://nypost.com/2018/02/06/google-to-buy-chelsea-market-building-for-2b/ https://nypost.com/2018/02/06/google-to-buy-chelsea-market-b...

paul9290 8y ago
So this is Trump's doing? Did he really help add about 100k high paying tech jobs and within the biggest tech companies on earth?
- dmode 8y ago
  Google, Apple, Amazon had been hiring like crazy well before Trump came into office. Google and Amazon revenues have gone through the roof in the last decade and they have doubled quadrupled their workforce. This is largely a PR move to respond to Amazon's show. And Amazon itself got started to extract maximum tax incentives from cities. Their HQ2 RFP was announced before the tax bill was passed
- freehunter 8y ago
  The executive branch doesn't make changes to laws, including tax laws.
- paul9290 8y ago
  Why is this getting downvoted? I was asking a question?
- hbosch 8y ago
  Mitch McConnell stated that the tax cuts increased employment. Politifact rates that statement as Half True[0]. In reality, it's fair to say tax cuts created an environment that was conducive to hiring, but also, the levels of hiring have been pretty steady since 2010. That being said, there's even less evidence that this is even Half True in the tech industry. 0. https://www.politifact.com/truth-o-meter/statements/2018/jun/05/mitch-mcconnell/how-strong-have-job-gains-been-tax-bill-passed/ https://www.politifact.com/truth-o-meter/statements/2018/jun... ___ edit: Also, I assume you're being downvoted because your question was phrased as bait whether you meant it to or not.

by kyrra 8y ago

paul9290 8y ago

So this is Trump's doing? Did he really help add about 100k high paying tech jobs and within the biggest tech companies on earth?

dmode 8y ago
Google, Apple, Amazon had been hiring like crazy well before Trump came into office. Google and Amazon revenues have gone through the roof in the last decade and they have doubled quadrupled their workforce. This is largely a PR move to respond to Amazon's show. And Amazon itself got started to extract maximum tax incentives from cities. Their HQ2 RFP was announced before the tax bill was passed
freehunter 8y ago
The executive branch doesn't make changes to laws, including tax laws.
paul9290 8y ago
Why is this getting downvoted? I was asking a question?
hbosch 8y ago
Mitch McConnell stated that the tax cuts increased employment. Politifact rates that statement as Half True[0]. In reality, it's fair to say tax cuts created an environment that was conducive to hiring, but also, the levels of hiring have been pretty steady since 2010. That being said, there's even less evidence that this is even Half True in the tech industry. 0. https://www.politifact.com/truth-o-meter/statements/2018/jun/05/mitch-mcconnell/how-strong-have-job-gains-been-tax-bill-passed/ https://www.politifact.com/truth-o-meter/statements/2018/jun... ___ edit: Also, I assume you're being downvoted because your question was phrased as bait whether you meant it to or not.