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By the numbers, 3,000 employees at $187,000 for 39 years. At 5.25% tax, that is $1.15B which already exceeds the kickback. Of course, Apple gets 90% starting in
by hervature 5y ago
By the numbers, 3,000 employees at $187,000 for 39 years. At 5.25% tax, that is $1.15B which already exceeds the kickback. Of course, Apple gets 90% starting in 2032 and only "a bit over 50%" for the first 10 or so years. Those numbers should work out exactly to $845.8M.