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Also, Apple does not hold $97.6B in cash in the United States. Over 50% of their cash is overseas, which prevents them from using it in the United States unless

Also, Apple does not hold $97.6B in cash in the United States. Over 50% of their cash is overseas, which prevents them from using it in the United States unless they take a huge haircut. So keep that in mind when theorizing on U.S. centric uses of cash. Think global! edit: Pretty graphs: http://seekingalpha.com/article/318794-apple-s-foreign-cash-hoard http://seekingalpha.com/article/318794-apple-s-foreign-cash-...

InclinedPlane 15y ago
For the same reason Microsoft paid far, far too much money for Skype. It's a bit of silliness that really ought to go away. Corporate taxes are rather silly. Get rid of them and make capital gains count as regular income for tax purposes.
- apaprocki 15y ago
  Say for a minute that Congress announced a moratorium on tax of repatriated foreign funds. Do you believe this would be viewed as "evil" companies gaming the system, or do you think that the huge influx of funds back into the U.S. would actually help spur economic growth?
  - jvm 15y ago
    The choices > would be viewed as "evil" companies gaming the system and > huge influx of funds back into the U.S. would actually help spur economic growth are in no way mutually exclusive.
- jvm 15y ago
  > make capital gains count as regular income A huge tax increase on savings and investment serves what policy goal again?!??!?