Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Wharf Rat who wrote (762397)	1/8/2014 11:57:03 PM
From: i-node	Read Replies (1) of 1573983

>> Raise it to 100%, and it will come back real fast, before that rate goes in to effect. That's ridiculous. Apple just borrowed money with which to pay dividends it could have deferred paying indefinitely. This is not someone who is thinking about repatriation. Tim Cook testified before Congress that if they would be reasonable with the cost repatriation they would take that course. Congress, like the idiots they are, ignored him. That money is gone forever, as far as the US should be concerned. The corporate income tax is about the most stupid economic policy this country has and we have a lot of stupid economic policies. There is absolutely no reason for the corporate income tax to exist at all other than to pacify idiots who don't understand which side their bread is buttered on.

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