Quote:
Originally Posted by Marc Vaughan
The money exists and is happily sitting somewhere tax-free, making it tax-free elsewhere won't make Apple any money at all ... if they wanted to invest it in the US they would have done so already as there is nothing prohibiting them from doing so.
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I always wonder what "invest it in the US" means. Like Walmart, mentioned upstream. How are companies investing in anything if they're sitting on that much money? The Walton kids have what, $30B each? Where did that come from? How is that "invested?"
Not that there's really anything for them to spend $100B, $180B on.
edit: yes, Walmart employs people. But only because they
have to to make and sell their stuff to make more money. I don't know that this is really an investment, as much as a biproduct.