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I don't see how it makes sense at all to offer a tax holiday. If the IRS is going to give Apple a tax holiday, can they give me a tax holiday too?
by ninjaroar 11y ago
I don't see how it makes sense at all to offer a tax holiday.
If the IRS is going to give Apple a tax holiday, can they give me a tax holiday too?
- delinka 11y agoIt makes sense in that it encourages the holders of capital to return that capital to the domestic economy, spending it on employees, R&D, expanding domestic production, etc.
- clarky07 11y agowhat is 0% of 100 billion? 0 What is 10% of 100 billion? 10 billion. 10 billion is more than 0 dollars, so it makes sense. 0 is what they will get if the keep the rate the same as it is now. >If the IRS is going to give Apple a tax holiday, can they give me a tax holiday too? That sure would be nice, I wouldn't mind one. That being said, we don't have billions of dollars to offer, and it's unlikely we have money overseas that needs repatriated.
- riemannzeta 11y agoYour question effectively answers my question.