2016 Postmortem
Related: About this forumApple’s Tim Cook Has Billions of Reasons to Raise Money for the GOP
Apple CEO Tim Cooks fundraising breakfast for House Speaker Paul Ryan on Tuesday was the talk of Silicon Valley. House Minority Leader Nancy Pelosi speculated that it was a silly mistake. Poor Tim. What a nice guy he is, but somebody gave him bad advice, she told the San Francisco Chronicle. He probably doesnt think that much about politics.
Cook, after all, has been outspoken in his opposition to Republican-backed anti-LGBT measures and has refused to provide any support for the Republican convention on account of Donald Trumps more virulent positions.
But the bottom line is the bottom line.
Apple has billions of dollars stored in subsidiaries in offshore tax havens about $181 billion, in fact more than any other U.S. corporation. And he needs Republican help to be allowed to bring it back to the U.S. without paying the statutory 35 percent corporate tax rate.
https://theintercept.com/2016/06/28/apples-tim-cook-has-billions-of-reasons-to-raise-money-for-the-gop/
NWCorona
(8,541 posts)bemildred
(90,061 posts)Bluenorthwest
(45,319 posts)culture and marketing language which I find to be very unattractive.