Remember when conservatives got their pantyhose in a bunch over the government’s deficit? You don’t hear much about that anymore. Trump’s Tax Plan is one example of why not.
While the plan contains broad outlines rather than firm legislative text, Mnuchin and Cohn said the plan would include “the biggest tax cut” in US history.
The plan did not include a large number of key details include the income levels associated with a new three tax bracket system, the tax rate for a one-time repatriation of corporate profits held overseas, and more.
Apple stands to benefit from that one-time repatriation of corporate profits.