Trump talked about companies that would repatriate their overseas money if we lowered corporate taxes. Trump was right.
Apple is repatriating overseas cash.
Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years
- Apple says the new tax law will help it will contribute $350 billion to the U.S. economy over the next five years.
- It says it will create 20,000 new jobs and open a new campus.
- Apple expects to pay about $38 billion in taxes for the horde of cash it plans to bring back to the United States.
I promised that my policies would allow companies like Apple to bring massive amounts of money back to the United States. Great to see Apple follow through as a result of TAX CUTS. Huge win for American workers and the USA! https://t.co/OwXVUyLOb1
— Donald J. Trump (@realDonaldTrump) January 17, 2018