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Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America

Dmunjal said:
What I am proposing is for this country to be "great again" is to start exporting things again. Good jobs come when we export things. Service jobs don't offer that. Btw, we were a great exporter in the 50s and 60s with a strong dollar.


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Designing these things employs many many people in better jobs than actually making them.
 
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zulkiflim said:
Yep..that why Trump makes his clothing in China and other third world countries..
He want more profits,great margins..
Why won't Trump or Ivanka make clothes in the US??Weird right??
And perhaps now Trump can use tax payer money to incentive his own Company ..and still not make products in the US..
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I'm not even sure how to respond to such a non-arugment. The world is not so black and white.

But getting the single most profitable product in the history of products made in the US instead of China would be a pretty big start.
 
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joeblow7777 said:
I understand that it's an incentive for the greater good of bringing jobs back to the U.S., but why does it always end up being the big corporations that get tax cuts?
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Because a billionaire who doesn't pay taxes now runs the country.

Prosperity in America depends on the health of the middle class. Corporate tax cuts help the wealthy 1%, not the middle class. But you can't expect people like Trump, who try to flout the image of a 1920s baron, to understand that.
 
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This will actually be funny to watch and see if Tim obeys Trump and we see an iPhone 8s made in the USA. It's really all about money and the bottom line, I don't think Tim cares where the iPhone is made as long as he saves money making them.

This will be another long thread lol
 
Ridiculous. So Apple will get all sorts of special treatment, and the other American companies won't? Very unfair. Apologize!
 
BootsWalking said:
Sure you can, at least in the manner described by this article. Small businesses are the leading provider of jobs in America. According to SBA statistics, small businesses provide 64% of new private-sector jobs. By providing a tax subsidy to a large corporation like apple ($600B market cap), the government would be taking money collected from the small businesses (income taxes) and giving it to a large corporation to create only a few new net jobs vs those that could be created by using those taxes to help the businesses actually driving domestic employment. It's sheer madness to give a $600B corporation tax advantages that are denied to the smaller businesses actually creating the most jobs.
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I agree with what your saying, but, is it because large corporations have all their "employees" over seas? Maybe small businesses are the leading provider of jobs because large businesses take their jobs over seas once it becomes cheaper for them to do so. By bringing jobs back by lowering taxes (not saying that will work, but if it did) then big businesses would then be the leader in providing jobs in America?

I'm not saying this is the case, I'm actually asking.
 
Phil in ocala said:
***************
Using the same methods in the 1980's...when unemployment dropped under Reagan...no one questioned the figures...using the same methods under Clinton....no one questioned the low unemployment numbers....after Obama gets elected...now all of a sudden....the numbers are all inaccurate....Yeah..right.
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Here's a chart for you.
4a3816a0d340241d9dc057d30d127806.jpg
 
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truthertech said:
we have a system in which we don't consider you "unemployed" if you have stopped looking or otherwise dropped out of the work force.
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And that's how we've always measured it. :)
So comparing unemployment numbers now to unemployment numbers in the past actually gives us a very good idea of relative growth or decline in jobs and employment. It's not a "myth". Stop reading conspiratorial fake news.
 
unobtainium said:
Because a billionaire who doesn't pay taxes now runs the country.

Prosperity in America depends on the health of the middle class. Corporate tax cuts help the wealthy 1%, not the middle class. But you can't expect people like Trump, who try to flout the image of a 1920s baron, to understand that.
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But wait a second - that billionaire who got started with a healthy $1 million loan and oodles of connections from Dad "understands" the working class. He has even, on occasion, stepped out of his private helicopter to tour his own work sites and talked with these "regular" people!
 
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cmaier said:
Designing these things employs many many people in better jobs than actually making them.
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What if you're a blue collar high school grad? Like the ones who lost their jobs over the last few decades and voted for Trump in certain Midwest states?
 
Dmunjal said:
Here's a chart for you.
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Soo, that chart appears to end at 2013, and shows only a 3% change in labor participation.
Did you know that we have an aging population? Have you heard of baby boomers? Given the demographic transition happening, I would actually have expected labor participation to have fallen much more.
 
joeblow7777 said:
I understand that it's an incentive for the greater good of bringing jobs back to the U.S., but why does it always end up being the big corporations that get tax cuts?
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Because they are the ones that pay a large large percentage of the tax as it stands.

Really, bottom line is Trump will do what is best for business in the end because ultimately he will stand to gain from it, as it will affect his businesses as well. And ultimately that will be good for the economy in the long run.
 
Fzang said:
How does bringing jobs back to the US help if there's nobody there to take them? You can't just regulate your way out of a complacent workforce.
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I agree. You see the same stuff over here in the Netherlands. To the Dutch citizens this kind of monotone work is considered to be below the dignity of the citizens and too badly paid (this is not my opinion, but how most people think about it). So what will be the effect of this? You will see illegal immigration to fulfil the vacancies in the American plants.
 
Dmunjal said:
What if you're a blue collar high school grad? Like the ones who lost their jobs over the last few decades and voted for Trump in certain Midwest states?
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It's precisely for this reason that we need more affordable college education, something Clinton wanted to work on. I doubt Trump will. He won't be able to afford it after his "hyoooge" corporate tax cuts for his 1% friends.
 
gaximus said:
I agree with what your saying, but, is it because large corporations have all their "employees" over seas? Maybe small businesses are the leading provider of jobs because large businesses take their jobs over seas once it becomes cheaper for them to do so. By bringing jobs back by lowering taxes (not saying that will work, but if it did) then big businesses would then be the leader in providing jobs in America?

I'm not saying this is the case, I'm actually asking.
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Small businesses are the largest employer by dint of their sheer number - there are currently 28 million small businesses in the USA. Big businesses already enjoy tax advantages over small businesses because they rarely pay the high nominal tax rates that small businesses don't have the legal/consulting resources to avoid.
 
Phil in ocala said:
***************
Using the same methods in the 1980's...when unemployment dropped under Reagan...no one questioned the figures...using the same methods under Clinton....no one questioned the low unemployment numbers....after Obama gets elected...now all of a sudden....the numbers are all inaccurate....Yeah..right.
Click to expand...


You are over thinking and over politicizing this. Put aside your partisan hate and open your mind. Your comment is reflective of why it's so difficult to have intelligent discourse in this country. Reagan/Clinton created many times more jobs than Bush/Obama, but that's not the point, the true unemployment rate was higher than reported under all four administrations, and the previous administrations, because of who the Bureau of Labor Statistics counts as "unemployed," all of which lessens the focus on the problem of unemployment in this country.

https://www.thebalance.com/what-is-the-real-unemployment-rate-3306198

http://thehill.com/blogs/congress-b...real-unemployment-rate-is-at-least-18-percent
 
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He's going to give away so much tax cut money that it will take 2 decades of democratic presidents to fix it.

The country is looking like it's headed for bankruptcy as in being unable (or unwilling) to cover its debts. This is going to devastate the country for many generations if it's allowed to happen. Since the crazies that shutdown the government are in charge now, it's not looking hopeful... King Of Debt Trump(tm) is hopefully not thinking Wall Street (Goldman Sachs) is going to profit from that debacle... That would be betting against the country. How patriotic is that?
 
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BootsWalking said:
Small businesses are the largest employer by dint of their sheer number - there are currently 28 million small businesses in the USA. Big businesses already enjoy tax advantages over small businesses because they rarely pay the high nominal tax rates that small businesses don't have the legal/consulting resources to avoid.
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And through accounting tricks, many gigantic companies are able to 'cloak' the,selves, and qualify for many 'small business' programs. I've read articles of people bidding for government contracts and competing with a shell company owned by a huge corporation. Guess who gets the business... *Wink* *wink* Yeah, it's a 'level playing field'. NOT!
 
luckydcxx said:
You mean illegal immigrants? Yes they are here illegally. Why would all legal immigrants be thrown in jail? That doesn't make sense.
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The issue is that illegal immigrants contribute more to society than they take. We shouldn't kick them out or jail them, but rather help them find a way to become legal. The taxes they pay and jobs they accomplish benefit America, while they aren't legally allowed to benefit from many of the taxes they pay because they already finished tax-costing school before coming to the US in most cases and don't have social security, etc. etc.
 
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