Let’s deep-six loophole that allows Apple & other U.S. companies to avoid U.S. taxes on foreign earnings
For those still wondering who benefits from the government intervention into the economy, I refer you to the case of Apple. Apple management wants to shore up its recently plunging stock by increasing the dividend and instituting a stock buy-back program. Higher dividends tend to raise stock prices, as do stock buy-backs. Apple has plenty […]