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Re: Apple Raises $17 Billion in Largest Corporate Bond Sale Ever

By: weco in FFFT | Recommend this post (0)
Wed, 01 May 13 12:47 PM | 39 view(s)
Boardmark this board | Food For Further Thought 		Msg. 51936 of 65535
(This msg. is a reply to 51935 by oldCADuser)
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Their overseas business let that build up, some they can use for overseas production, but it's a tough road since they've also made commitments to bring manufacturing back to the mainland... Tis a tangled web they weave...

A little came back as Steve's ship! Not sure where it is now, but it's here on th West Coast I think... A beauty..


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The above is a reply to the following message:
Re: Apple Raises $17 Billion in Largest Corporate Bond Sale Ever
By: oldCADuser in FFFT
Wed, 01 May 13 6:24 AM 		Msg. 51935 of 65535

Because they're trying to halt the repatriation of billions in profit that's sitting overseas so as to avoid paying their fair share of taxes to the people of America. This is a twofer as they can keep avoiding paying taxes on their overseas cash as well as deducting the borrowing costs as legitimate business expenses which will reduce their tax contributions even more.

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