Monday, January 22, 2018

Because of Trump, Apple employees get stock bonuses of US $2,500

This is for all those people who hate Donald Trump.

The article and chart below come from the National Post.

The article talks about the benefit of Trump's new tax regime.
"In was a major boost for a new tax code championed by President Donald Trump, Apple said it will bring hundreds of billions of overseas dollars back to the US and pay about US $38 billion in taxes on the money. The company also said it was committing $US 350 Billion to the US to be spent on domestic jobs, manufacturing and data centres in the coming years. 
Apple told employees that it was also issuing stock-based bonuses worth US $2,500 each following the new tax law..."

This chart shows the new U.S. tax rates by industry vs Canada‎.

Are you paying attention Justin Trudeau? No? I thought so.

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