Comment by graeme
17 days ago
If the profits went back to Apple HQ directly they would serve to raise the share price and allow stock buybacks and stock based compensation for employees. Same as they do now.
You may not like a tech company succeeding at exports and having a rising share price, but that is distinct from the overall point which is that properly considered these are US exports obscured by the US tax code which incentivizes profits abroad.
No comments yet
Contribute on Hacker News ↗