Apple Joins Amazon in Search For Second Corporate Campus
CNBC is reporting that Apple plans to reinvest $350 Billion over the next five years and hiring 20,000 at existing corporate campuses “and a new one”.
BREAKING: Apple says it will contribute more than $350 billion over the next five years to the US economy through investments, will add "over 20,000 new jobs through hiring at existing campuses and opening a new one"https://t.co/zOKTipZVrO
— CNBC Now (@CNBCnow) January 17, 2018
The folks at Georgia’s Department of Economic Development are always busy. Thanks to the new tax bill passed by Congress, it looks like there’s a lot of corporate money that’s going to be reinvested, and Georgia remains open for business – with sites available and waiting.
About Author
Charlie
Founder of GeorgiaPol.com; Now weekly columnist Very interested in Georgia and Georginas. Interest in politics is waning daily.
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Good.
Just imagine how sooner all that lovely Apple money would have gotten back in the US if the 2011-2012 corporate tax plan had been allowed into committee… or even the 2014 corporate plan. Granted they were only 28%, and the re-pat was 20% or so… and took away the oil industries loopholes. The 2017 corporate cut is twice as large of course, but that would have been 5 -3 years earlier to start additional growth, increase wages, raise up defense spending, lower the debit etc, increase the prices of stock, pay off dividend into my 401(k)…
Apple actually started it’s “we create jobs for Americans ” campaign back in May.
https://www.axios.com/apple-debuts-new-web-page-to-tout-its-role-in-creating-two-million-jobs-1513302051-c441cb27-ef05-4165-a269-7ab4ef794ab5.html
https://www.axios.com/apple-launches-1b-fund-for-us-advanced-manufacturing-1513302049-fcb94c66-d665-433d-9f5c-cc82978d1a8f.html
The charts showing the increase in American created jobs by apple goes back 15 years.
https://www.apple.com/job-creation/
Bless your heart. You will do anything to explain away how the tax bill is helping the economy. I know you are about to say that the reason the stock market is hovering around 26,000 is because of Obama. It’s all because of him.
That’s cute. You honestly do think that this is all because of Obama. I don’t dispute that the economy grew under Obama. I’m saying the average 2% growth was weak and underperforming.
Also, that line about no significant regulatory reforms is a lie. Every federal agency has been rolling back Obama era anti-business regulations since last year. That along with tax reform is why we are where we are.
Now I expect another long brief trying to explain away what is clear as day.
Actual question – If the goal of the tax cut was to improve the economy, why did congress shelf the number of corporate tax cuts proposed in the last 6 years? I get it was only 28%, I get ex – pat money was only 20 ish if I recall, I get that banking, and oil would have lost it’s loopholes. And yet when the economy really need it, when congress could have used it as a bargaining chip to lower the budget instead of shutting down government or do a temporary across the board tax cut that is now going on year 5, congress did not put forward a proposal for review or even committee from the president or one of their own though the House (if I missed that, I’m sure you will correct me on it). Again, some of this money could have gotten in the system faster, and helped raise wages or dividends, which would have most likely prevented the angry working class base that gave us Trump.
The House didn’t have the votes to pass a bill with the corporate tax rate a 28% They wanted it lower and wouldn’t agree to vote for it if it only came down to 28.
Also, President Obama wouldn’t have signed it anyway if it was any lower that that.
“There’s no point in typing a long essay if you’re going to employ Noway levels of reading comprehension.” Good. No one reads them.
Hey Andrew, Bud, just suck it up and thank The Great Man! Obama didn’t do squat for 8 years but Cash for Clunkers and try and sell his own pathetic lower economic realities as “The New Normal!”