Apple To Pump $350 Billion into Economy and Pay $38 Billion In Taxes Thanks To Trump Tax Reform

WINNING!

Apple has announced it will pay $38 billion in taxes to the U.S. government to return money it had stashed overseas. Apple has $252.3 billion in cash abroad. 

In addition, the tech giant announced today it has plans to open a new facility and add 20,000 employees over the next five years. 

Apple’s new plans include $350 billion in U.S. investments.

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Tim Cook of Apple admitting that President Trump's Tax Reform Bill was a big reason Apple was able to create 20,000 new jobs in the U.S. pic.twitter.com/3TcTrpXIHE

— The Columbia Bugle 🇺🇸 (@ColumbiaBugle) January 18, 2018