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Old 02-09-2012, 05:05 PM  
epitome
So Fucking Lame
 
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Join Date: Jun 2009
Location: St. Petersburg, FL
Posts: 12,156
Quote:
Originally Posted by TheDoc View Post
That money is on Apple U.S. books, in our Banks... it's already been taxed, or it's value wouldn't be on the books and he wouldn't be able to claim that, or he would falsely be boosting the stocks.

Moving money IN for investment goes on Corp Capital Gains taxes, which is extremely low when the money is invested, and in many states, totally tax free from the money, land, and even pay back on what you paid in fed.

The reason they don't manufacture here is labor costs... not that they can't afford them, but more because they don't want extra cost, thus stocks go up higher and higher.... it's as simple as that.
I've read quite a few articles in the last few days saying more than half is sitting offshore due to tax consequences of bringing it onshore.
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