We discuss the elephant in the room for Donald Trump, Apple (AAPL) is the most profitable company in the world, has $250 billion in tax shelters, and if anybody can afford to bring manufacturing facilities back to the United States it is Apple.
Why the hell is Donald Trump focusing on the low margin, barely profitable US automakers, why not go after the biggest, most profitable outsourcer of manufacturing jobs, Apple Corporation. You don`t see GM or Ford building a $5 billion spaceship campus because they are making so much massive profits on their operations.
You don`t see Ford or General Motors making so much money that they have $250 billion hidden away in offshore tax shelters. If you are serious about the policy and consistent in this belief regarding the outsourcing of US manufacturing Jobs, go after the real violator in Apple.
Sure Apple would just use a lot of robots in the manufacturing process, but just like the manufacturing plants in Tennessee, there are administrative, management, and some necessary manufacturing jobs that would be required for even highly robotized US manufacturing plants.
It is interesting how Donald Trump has basically given Apple a free pass in all this “Make America Great Again” rhetoric. Donald Trump can start by making Apple pay its fair share of corporate taxes, and contributing to paying down our $20 trillion in national debt. As if we cannot make Apple pay its fair share of corporate taxes from their massive profits, so much so that they have $250 billion sheltered offshore, how are we ever going to pay down our national debt? One of the few campaign issues that I agreed with you on by the way, but was happy that a politician started addressing a real problem facing America.
If we let the most able and profitable corporations in America, the ones most able to pay taxes, off the hook, then why should anybody pay their taxes ? I am not for rewarding Apple for basically employing tax evasion strategies when they knew the consequences of this policy beforehand, especially given the government needs the money with an out of control government debt issue.
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