Great news! Apple could be producing iphones here in U.S. soon. Trump also said his friend, Ford CEO Bill Ford, decided to keep a Lincoln plant in Kentucky instead of moving to Mexico.
When Donald Trump says he’ll cut corporate tax rate from 35% to 15% and impose a new one-time tax of 10 percent on profits held abroad, I can’t imagine the business sector – including Hillary Clinton endorser Warren Buffett and other liberal elites – protesting and demand they should pay more. I still believe every Democrat should pay more and Republicans pay less. Since Democrat Party promote high taxes for the ‘good of the people’, let Democrat elites like Warren Buffett, Bill Gates, all Democrat celebrities, tech billionaires and execs , all pay high taxes to show they really believe what the Democrat Party stands for when it comes to high taxes. It’s like Californians moving to Nevada trying to escape their expensive state and irritatingly, they still vote Democrat and so ill-informed that the reason why California is expensive because they are run by Democrats.
President-elect Donald Trump really wants Apple to move its iPhone production to the U.S. And he may be happy to learn that Apple is considering it, according to a published report.
In June, Apple asked two of its chief iPhone manufacturers, Foxconn Technology Group and Pegatron, to explore shifting their iPhone production to the U.S., the Nikkei is reporting, citing an unidentified source who claims to have knowledge of the talks. Pegatron ultimately declined to pursue the idea because of fear of “cost concerns,” the source told Nikkei. But Foxconn continues to weigh it, the source said.