THINGS MAKING DEPOSITS
Apple is writing the US economy a $350 billion check.
Tell me more.
Yesterday, Apple said it has a big five-year plan. That includes building another campus and adding 20,000 jobs. It’s also saying ‘thanks, new tax code’ and bringing most of its funds held overseas – a reported $245 billion – back to the US. Combined, the plan’s expected to put $350 billion into the US economy. Oh, and the Fruit’s also giving many of its employees a $2,500 stock bonus.
This is just the latest example of how the overhaul of the tax code is changing the way US companies do business. Don’t be surprised if Apple’s competitors start opening their pocketbooks too.
Much more @ GeorgeJohns.com. On Twitter @GeoOfTheRadio. Appreciate sharing and comments.