Apple plans new U.S. campus, to pay $38B in foreign cash taxes

Re:Apple plans new U.S. campus, to pay $38B in foreign cash ... by dmode on Wednesday January 17, 2018 @03:51PM (#16171677)

$1000 bonus is $500 after taxes. Which means, it is $40/month or $20/paycheck. It is laughable. Most employees will get $200 bonuses, which roughly will equate to $4/paycheck.

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Re:Apple plans new U.S. campus, to pay $38B in foreign cash ... by Clanan on Wednesday January 17, 2018 @04:50PM (#16172311)

> $20/paycheck. It is laughable

And we tech people wonder why so much of the country scoffs at our echo chamber. Maybe you've never been on the lower rung of income, but an extra $40/month can be a big deal to a lot of people. Typical median household income in 2017 was $59k, so a 2% increase is meaningful.

But don't let me get in the way of your political narrative.

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Re:Apple plans new U.S. campus, to pay $38B in foreign cash ... by leakybit on Friday January 19, 2018 @03:12PM (#16189365)

Where are you getting a 50% tax rate from?

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