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

Dmunjal said:
I don't blame Obama for all of this. This trend started in the 90s and has accelerated. It is when we decided to move manufacturing to China in exchange for cheap goods. This helps the American consumer but it hurts our manufacturing base and exports. Twenty years later, we are paying the price with the loss of middle class jobs and a move to service jobs. The trade deficit had exploded in this time. This cannot continue forever.
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Why would you blame Obama for any of it, do you know about some executive power in the Constitution I don't?

If you make cheap stuff for a living, but everybody wants it even cheaper, the handwriting's on the wall. Lots of manufacturers have complained about China's labor costs.
 
I am not American. However, the more manufacturing that the USA loses, the more strength their defence loses as well. If you can't manufacture then you cant protect yourself in case of world war. Putting all the manufacturing in communist China, who has ties with North Korea is even worse. North Korea decides to go crazy, the world breaks into war, if the USA has no manufacturing and China has it all, and China is on North Koreas side then USA loses
 
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pdqgp said:
Yes. IMO we are a spoiled nation in 2016. Think about what prices of such items we use every day would have been back in the 80's. 20-30% more would be worth it knowing that WE in America are the ones controlling what we build. We have become a pathetic nation of consumers and reliant upon China to make so much of what we use. Stupid.
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Sure...because China buys so much of what we are producing here. Cars they buy aren't made here as they require many of them to be made on their soil. I work in medical and other industries that service the US Only.
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China is a huge market that buys lots of U.S. goods. Just ask Apple.
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newdeal said:
I am not American. However, the more manufacturing that the USA loses, the more strength their defence loses as well. If you can't manufacture then you cant protect yourself in case of world war.
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If there's ever another world war, we are all dead and manufacturing capacity will make no difference. The invention of nuclear weapons made future world wars that last more than 15 minutes untenable.
 
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Paradoxally said:
What, like the FBI wanted to do under Obama?
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Obama has deported more people than every other President in history. He even has the nickname "Deporter in Chief" among the hispanic community.
Conveniently you'll never hear this in the mainstream media, you only hear this about Trump who hasn't even taken office yet. :rolleyes:
 
selfsilent said:
How is it legal for Trump to offer a tax incentive to get Apple to do something but it was illegal for Ireland to offer Apple tax incentives to get them into the country?
I think the European Commission are taking the piss, are jealous and want some cash.

I wonder if China will try to sue for loss of revenue.
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I guess I must have missed the US joining the EU and thereby having to adhere to it's rules.

What all this really is is another round of trickledown-voodoonomics that has worked so well over the past 30 years that the US has only 20ct of national debt.
 
newdeal said:
I am not American. However, the more manufacturing that the USA loses, the more strength their defence loses as well. If you can't manufacture then you cant protect yourself in case of world war. Putting all the manufacturing in communist China, who has ties with North Korea is even worse. North Korea decides to go crazy, the world breaks into war, if the USA has no manufacturing and China has it all, and China is on North Koreas side then USA loses
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Since you're not an American, here's some advice:

don't believe all the hyperbole from our recent election, and don't panic.
 
Nicksd84 said:
It wasn't a hypothesis made on one company moving manufacturing here...
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Many companies moving here and building a substantial manufacturing base would be nothing but good news for the American economy.
 
ibookg409 said:
I don't even have an HD monitor for my mini. Just a simple DVI connection.
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Yeah, dude..., it's tough to afford them new Chinese monitors on a minimum wage, isn't it?

But just you wait, even though you are loser now, Trump will make you a winner! Right after he sends Hillary to prison....
 
djcerla said:
That American workers are going to be happy with that kind of job remains to be seen.
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youth jobs in highschool's could be the new employees:

Apple huge tax break,
public/private highschools get grants for specific education funds and students get Co-Ops from Grade 9!
Apple has early employee potential that could lead right into their design, engineering, supply chain departments 5years earlier and well trained and knowledgeable of the company (increased family sales of products, hmm).
Education system gets revamped across the country leading others to follow suit ... Trump the bigot is starting to make direction towards is campaign tag-line "let's make america great again" hmm.
 
Keebler said:
It's a great idea. Hopefully they can do it eventually. Trump is right though - bring jobs here so not as many people are unemployed. They'll have money to spend and the economy improves.

Sure, maybe some folks won't want to do that type of work, but hopefully people will get any job they can instead of sitting on their butts and waiting for a handout.

Bringing manufacturing back here isn't cut and dry, but at least it's a start which I think is great.

I'm Canadian and here in Ontario, we have a Liberal government which has increased electricity prices so bad that it's difficult for small businesses to operate. The govt is only now starting to backtrack because they realize people are ticked off so votes are going out the door. Which is ironic because during their campaign they touted how they would make it easy for businesses to work in Ontario.....which they haven't because they are directing hurting the expense bottom line.

So having a soon-to-be-president saying he wants to work directly with 1 of the biggest companies around is refreshing.

Cheers,
Keebler
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yeah Ontario Premier Kathleen Wynne announcing it was HER mistake. 2nd and 3rd video
 
Nicksd84 said:
It is if it leads to hyper inflation and no real growth in total production.
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You seem to not understand economics. Hyperinflation is caused by printing and spending money without restriction, not by having native manufacturing.

Obama added 10T to the national debt and his Federal Reserve monetized it all. That's the most of any President in history. If you want to collapse a market, you do that and not allow recessions or anyone to fail.
 
Average yearly wages for a FoxConn employee in the manufacturing division = $4,800 US a year.
Minimum wage in the U.S. = ~$15,080 U.S. a year.

Those tax breaks better make up that difference, but then how do Americans PAY for those breaks, because everyone knows SOMEONE has to pay when something is given.
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MacRumors said:
while he has also threatened to introduce a 45% tax on products imported from China.
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Well there goes Walmart...
 
jm001 said:
Average yearly wages for a FoxConn employee in the manufacturing division = $4,800 US a year.
Minimum wage in the U.S. = ~$15,080 U.S. a year.

Those tax breaks better make up that difference, but then how do Americans PAY for those breaks, because everyone knows SOMEONE has to pay when something is given.
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Breaking News:

"You can't have your cake, and eat it too."
 
rdowns said:
Wake up people, these jobs aren't coming back.


May 2016

Foxconn replaces '60,000 factory workers with robots'
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Those jobs were never here in America to begin with, so what are you talking about? This post is about manufacturing Apple products here in the US.
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zulkiflim said:
Well let see right but if History is any indication..it will not go well.

Trump always come first and that has been passed down to his children.
Trump HAS always been in a position of power and abused the small guys.
Let see how he enriches himself during campaign..

http://www.politico.com/story/2016/09/donald-trump-business-campaign-trail-228500

Will he change his ways? Given the stories going on in the media how he is leveraging his position to ensure his business is picked up.

It is doubtful
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You're wasting your time being bitter about Trump being president. Id rather be positive about the good things in this country, and focous on my family's happiness instead. To each his own, cheers!
 
mateytate said:
You've answered your own question.......
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Actually, if the US is anything like New Zealand, 80% of people are employed in companies who employ 20 or fewer employees.

It actually makes more sense to give tax breaks to small companies, if 10% increase in employment was made giving breaks, one would employ 8% the other 2% more employees.

Also, on average small companies pay higher taxes than corporations.
 
VMMan said:
It's interesting to note that China's government officials usually come from engineering backgrounds, while most US politicians are lawyers.
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Well, it could have something to do with their brand of the criminal justice system and their equivalent of intellectual property law and enforcement. But I could be mistaken.
 
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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I agree (same should apply for large and small) but it's because of jobs. Jobs are important. And big companies have a lot of job leverage.
 
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