U.S. Treasury Secretary Steven Mnuchin Visits Apple Park

Discussion in 'Politics, Religion, Social Issues' started by MacRumors, Mar 16, 2018.

  1. MacRumors macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    United States Treasury Secretary Steven Mnuchin today visited Apple CEO Tim Cook at Apple Park, according to an image shared on Twitter by Mnuchin.

    In his tweet, Mnuchin thanked Tim Cook for Apple's commitment to invest $350 billion in the United States, which refers to a January announcement from Apple where the company said it planned to bolster the U.S. economy through job creation, existing investments, and new investments.

    [​IMG]


    Apple said it will contribute $55 billion to the economy in 2018 and $350 billion over the course of five years. At the same time, Apple also pledged to increase its Advanced Manufacturing Fund, designed to create jobs in the U.S. through investments in suppliers, to $5 billion, up from $1 billion.

    Mnuchin's visit to Apple Park comes just a few days after Tim Cook was spotted at Capitol Hill meeting with senators Mark Warren (D-VA) and Richard Burr (R-NC).

    Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

    Article Link: U.S. Treasury Secretary Steven Mnuchin Visits Apple Park
     
  2. brian3uk macrumors 6502

    Joined:
    Sep 15, 2016
    #2
    I sure hope he didn’t walk into one of those glass walls and lacerate his smug face. That sure would be a shame.
     
  3. nvmls macrumors 6502a

    nvmls

    Joined:
    Mar 31, 2011
    #3
    Ah that's why no Mac Mini update! they will assemble the new generation in the US, gotcha.
     
  4. webbuzz macrumors 68000

    webbuzz

    Joined:
    Jul 24, 2010
    #4
    Tim should be used to the layout by now.
     
  5. brian3uk macrumors 6502

    Joined:
    Sep 15, 2016
    #5
    I lol’d. But you know who I meant.
     
  6. jdillings macrumors 68000

    Joined:
    Jun 21, 2015
    #6
    I hoped Mnuchin talked to Timmy about important stuff like updating the Mac Mini line.
     
  7. nvmls macrumors 6502a

    nvmls

    Joined:
    Mar 31, 2011
    #7
    They did, but Timmy went "What's a computer?" mode.
     
  8. btrach144 macrumors 68000

    btrach144

    Joined:
    Aug 28, 2015
    #8
    Mnuchin is just another swamp creature. Ick
     
  9. 7thson macrumors 6502a

    7thson

    Joined:
    May 13, 2012
    Location:
    Six Rivers, CA
  10. DanGoh macrumors 6502

    DanGoh

    Joined:
    Apr 6, 2014
    #10
    This dude Mnuchin is so corrupt, and I can't believe people let him use our tax dollars the way he's been using them.
     
  11. iLilana macrumors 6502a

    iLilana

    Joined:
    May 5, 2003
    Location:
    Alberta, Canada
    #11
    trump is going to want to take it and pit his name on it.
     
  12. dogslobber macrumors 68040

    dogslobber

    Joined:
    Oct 19, 2014
    Location:
    Apple Campus, Cupertino CA
  13. fairuz, Mar 16, 2018
    Last edited: Mar 16, 2018

    fairuz macrumors 68020

    fairuz

    Joined:
    Aug 27, 2017
    Location:
    Silicon Valley
    #13
    Ok, good start that Apple is building in the US. I'd also like to see across the board tax cuts along with banning the selective lowering of tax rates for certain large corps. It's very corrupt, and it's unfair to smaller companies because only Apple et al get cities and states to hand them tax credits to influence where they build. Tax everyone the same, and tax them less so they don't go to China.

    Oh well, at least this tells California to wake the heck up. I love seeing Hollywood move to The South but cry at the same time. (Though Apple Park is in CA, most of these big projects end up being in some state that gives them a special deal.)
     
  14. Naaaaak macrumors 6502

    Joined:
    Mar 26, 2010
    #14
    Smug Apple employees have been doing that a lot lately.
     
  15. sidewinder3000 macrumors 6502a

    sidewinder3000

    Joined:
    Jan 29, 2010
    Location:
    Chicagoland
    #15
    The “for the love of god please don’t try to shake my hand you pale, clammy creep” expression on Tim’s face says it all.
     
  16. BvizioN macrumors 601

    BvizioN

    Joined:
    Mar 16, 2012
    Location:
    Manchester, UK
    #16
    I still don't get people who walk into glass walls! I mean I can understand birds or animals who have no concept of glass walls but humans? Humans were introduced to glass back on 4000 BC! They should be well adapted to it by now.
     
  17. WarHeadz macrumors 6502a

    WarHeadz

    Joined:
    Aug 30, 2015
    Location:
    Long Beach, California
    #17
    My god he’s so disgusting. Never has this country had to endure such an embarrassment of an administration.
     
  18. appleisking macrumors 6502a

    Joined:
    May 24, 2013
    #18
    Don’t worry he’ll be gone soon and somehow will be replaced by someone even worse. M.O of the dump administration
     
  19. Kabeyun macrumors 68020

    Kabeyun

    Joined:
    Mar 27, 2004
    Location:
    Eastern USA
    #19
    For the record, Apple never committed to invest $350B in anything. That figure is a projection for their overall contribution to the US GDP, not direct investment, and includes revenue for my Apple Music membership. Details matter.
     
  20. cameronjpu macrumors 65816

    Joined:
    Aug 24, 2007
    #20
    What Mechanism of evolution would you imagine could grant humans that ability in a mere 200 generations? Before you answer, consider how many actual generations it has been since it was possible to walk into a glass wall without seeing it.
     
  21. truthertech macrumors 68000

    Joined:
    Jun 24, 2016
    #21

    For the record "Apple’s direct contribution to the US economy will be more than $350 billion over the next five years, not including Apple’s ongoing tax payments, the tax revenues generated from employees’ wages and the sale of Apple products." So, yes Apple is going to contribute about a half a trillion dollars to the economy in the next five years and does include direct investments. Thanks to the tax reform, 42 billion alone will be going directly into the US Treasury. Hundreds of billions more will be put in the pocket books of their employees and contractors to spend and invest in the US economy. The tax reform program is undeniably putting trillions into our economy.
     
  22. theheadguy, Mar 17, 2018
    Last edited by a moderator: Mar 19, 2018

    theheadguy macrumors 65816

    Joined:
    Apr 26, 2005
    Location:
    california
    #22
    LMAO!!! It’s all going on the national credit card called the deficit. Please share some of your kool-aid with the rest of us.
     
  23. Kabeyun macrumors 68020

    Kabeyun

    Joined:
    Mar 27, 2004
    Location:
    Eastern USA
    #23
    You’re making the mistake of confusing economic contribution with investment. Contribution, as I said, includes consumer spending when you buy an Apple product. That’s not investment by any economist’s imagination. Investment is something like building a data center or an Apple Store, defined as spending money with the expectation of a return. They’re doing that too, but not to the tune of $350 billion.
     
  24. myrtlebee, Mar 17, 2018
    Last edited by a moderator: Mar 19, 2018

    myrtlebee macrumors 68020

    myrtlebee

    Joined:
    Jul 9, 2011
    #24
    The senator from Virginia's name is Mark Warner, not Warren.
     
  25. truthertech, Mar 17, 2018
    Last edited by a moderator: Mar 19, 2018

    truthertech macrumors 68000

    Joined:
    Jun 24, 2016
    #25

    Your blinded by your hatred, so sad what so many have become. Tim Cook and Apple bringing overseas cash to the US and paying $42 BILLION dollars to the American treasury reduces, not adds to the deficit. It's not too late to take the veil of animosity and hatred from your eyes.
    --- Post Merged, Mar 17, 2018 ---

    No, you'r making the mistake of not reading carefully. I very clearly said they were "contributing," not investing. It's not clear, but you seem to be trying to downplay the enormous benefits of the trillions being added to the American economy, not to mention the multiplier effects.
     

Share This Page

50 March 16, 2018