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Donald Trump Tells Tim Cook He'll Offer Apple 'Very Large Tax Cut' to Make Products in America
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YES YOU DID! You somehow think lowered taxes in the US means these corporations will take that money and put it back into the US economy. They'll stash it away in banks via larger CEO bonuses. Who'll in turn use it to buy out of the country vacation spots and spending sprees. My property tax has been going up for two decades so I don't want to hear this non-sense about the last 8 years (an obvious underhanded dig at Obama, who he himself was a lousy president with the worst thing to happen to the medical establishment since Medicaid). I don't see or hear anyway looking to curb out of control property taxes, but go ahead and weep for a multi-billion dollar corporation and their billions of off-shore cash. Pathetic!
With two profitable quarters in five years, it's certainly a model people will want to emulate...
but, generally speaking, you have to actually make a profit, to pay taxes.
robots cost about the same everywhere i assume
there's savings in that they wont have to ship from China
we're not going to see 10,000 people wiping screens or polishing metal here. and if certain EPA regulations were lifted that would make stuff like that easier it would be nasty
Do you know what I find interesting? That most of the robots still remain in China. Take for consideration Fackelmann maker of household accessories. They have automated their manufacturing over five years ago and cut the number of human labor force by almost 90% and yet they still remained in China.
I am amazed at the amount of people who have such a defeatist attitude toward jobs in the US. Huge self fulfilling scenarios are built on information that has not even been presented. Welfare is brought up (as if the majority of unemployed are on welfare), no one to take factory jobs (with people lining up to interview for bad retail jobs everywhere), taxes are used in a way that most of us don't understand. Trump may be right or wrong ( we have NO details at this point) but the knee jerk negative response is surprising.
johnnyturbouk
macrumors 68000
Because otherwise they won't do it, and they are the ones who produce the large volume which would be most beneficial to the move attempting to be made - in this case, US manufacturing jobs.
Nope. The nMP stagnated because the 2013 Mac Pro doesn't have the expansion capabilities of the earlier versions. And they're still charging an outrageous price for 3-year-old tech. While the 2013 nMP is a very nice and quiet machine, it's not suited for those that needed it the most.
But all of this could change: The ball is in Apple's court now. They could make a machine to conquer this: HP Z840 or a Boxx quick-ship. But I'm betting they'll force the engineering heft into watchbands and more emojis instead of useful things.
There are some great and lively threads about the state of the Mac Pro on MacRumors.com
I just looked at the Bureau of Labor statistics for October of this year and it says ... 4.9% unemployment.
Again with this? The 4.9% BLS number is the headline U3 number which includes part time workers but doesn't include those who have given up looking for a job. Look at U6 for a more accurate representation of the job market. Janet Yellen does. It is why she hasn't rates since the U3 hit 6.5% which was her original goal.
http://www.cnsnews.com/news/article...ess-rosy-when-you-count-part-time-discouraged
http://www.marketwatch.com/story/65-unemployment-rate-doesnt-mean-a-thing-to-yellen-2014-02-11
The U-3 is the BLS's official measurement. Here's how the BLS words it ...
U-6 is described under alternative measures ...
I think you should stop blaming people for using the U-3, and stop pretending that the U-6 is the superior measurement. If it was the better number, why wouldn't the BLS consider that the official concept and call U-3 the alternative?
Is Yellen your economics authority? I wouldn't have guessed that you'd be much of an admirer.
Janet Yellen is not my economic authority but the entire investing industry uses her words and actions to decide how to invest. Her voice is the most powerful one in the nation. And actions have shown even she doesn't care about U3. If she did, interest rates would have been raised years ago when we first passed 6.5%.
Sounds like your authority to me.
Why does the BLS call the U-3 the "official concept" while the U-6 is considered the "alternative measure"?
Why do you complain when people cite the BLS's official concept of unemployment?
And what pray tell how does Apple production in the US lead to HYPER INFLATION or no real growth (unless you're saying the total production will be the same) whether the products are produced here or in China?
Official means headline. Just like CPI has a headline number. I'm sure you would agree, like in news articles, headlines don't tell the true story.
Additionally, if the economy was so great, then Bernie Sanders and Donald Trump would never have got as far as they did on their economic messages.
How do you know how many people re "marginally attached"? Sounds like a guess to me. Why should anyone rake it seriously?
"Marginally attached workers" - people who are not actively looking for work, but who have indicated that they want a job and have looked for work (without success) sometime in the past 12 months. This class also includes "discouraged workers" who have completely given up on finding a job because they feel that they just won't find one.
The headline doesn't tell the true story?
Interesting way to put it. I'd have said the headline doesn't tell the whole story.
Your second sentence is a red herring. It doesn't address why the BLS prefers to use U-3 as the official measurement, nor is it an explanation why you complain when people cite that measure—a standard that has been used for decades to describe the state of unemployment in the U.S.
$13B in taxes in 2015.
http://www.forbes.com/sites/christo...nd-what-washington-spends-it-on/#7ed1b4565a33
"The profit leader was Apple, which forked over nearly $13 billion in taxes on $68 billion in gross profits, according to its 2015 cash flow statement. That’s up from $10 billion in cash taxes paid in 2014. Warren Buffett’s Berkshire paid about $4.5 billion in taxes, while ExxonMobil paid about $7.3 billion, down from $18 billion in 2014 (when oil prices were higher)."
Apple was #2 in 2014 below. But #1 in 2015. Data isn't in for 2016 yet.
Why the LOL? I thought this was common knowledge.
Apple was no. 3 in 2014:
http://247wallst.com/special-report/2014/01/08/companies-paying-the-most-taxes/3/
And that's for the US only. You claimed Apple paid the most in the world.
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Lol...trickle down economics doesn't work. We've known this for about 30 years. Apple will just pocket that extra lower tax cash and sit on it. They already have more than enough money NOW to invest in plants, equipment and labor.
It's a bogus specious argument.
Trickle down CAN work if it is properly implemented and there are check and balances in place to ensure that jobs get created from tax cuts and or robust profits. Actually, trickle down is the ONLY economic system that is effective for open markets and free enterprise. In order for there to be jobs there must be companies that create products and services to sell and make money on. When profits are made, some of that gets reinvested in manpower and additional products and services. So on, so forth. That's trickle down right there.
Its not the expansion, its the whole thing.
Why no new motherboard
Why no new GPUs
There has been NOTHING to stop these things from happening , so I still believe that because its made in the USA its not cost effective to upgrade the hardware because it will also cost too much to upgrade the factory.
2014 is gone. The latest data for 2015 shows Apple paid the most. I also posted a link showing Apple made the most profits in the world which means they paid the most in taxes since the US has the highest statutory rate. Show me the company that paid more.
If you don't like trickle down economics then you wouldn't like the last 8 years let alone the last 15. The Federal Reserve has kept rates low or zero which helps the rich ensure their assets (stocks and real estate) boom while the poor get stuck with higher inflation in rent and food.
Like any other U.S. manufacturing company, Apple makes profits from exploiting Chinese labor. How else do you think it has been able to accumulate over $200 billion in cash reserves. Of course, Apple won't be able to make the same profits in the U.S. as it does right now by manufacturing its products abroad. But to say that the price of Apple products will significantly increase if they are produced in the United States is false. Well, of course, that is if Apple expects to make the same rate of profit as it does in China. Apple wants to have its cake and eat it too.
Trump's offer to Apple and other companies tax incentives to encourage them to manufacture their products in the United States will only cause federal revenue deficits.