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Apple to Invest in America After President Trump Tax Cuts

More good news for American workers following President Trump’s tax cuts.

Multinational technology company Apple Inc. announced plans to award employee bonuses, add more jobs and repatriate hundreds of billions of offshore dollars as a result of the tax cuts.

Apple is planning to give their employees $2,500 bonuses and is expected to add 20,000 jobs and a new campus as part of their $30 billion five-year investment plan in America.

Apple also announced they will repatriate some of its $252.3 billion parked overseas, reportedly the largest cash holdings offshore of any American company. The company is expected to pay about $38 billion in taxes on the overseas cash.

Bloomberg reports:

“We are focusing our investments in areas where we can have a direct impact on job creation and job preparedness,” Chief Executive Officer Tim Cook said in a statement Wednesday, which also alluded to unspecified plans by the company to accelerate education programs.

An estimated $2.8 trillion in U.S. corporate profits are parked overseas.

Other big tech companies with cash offshore include Microsoft – $132.1 billion, Alphabet – $60.5 billion, Facebook – $12.89 billion, and Amazon – $8.6 billion.

A growing list of U.S. companies are passing along benefits to their employees and shareholders as a result of Trump’s tax reform.

While Democrats ignore and continue to blast tax cut bonuses and other incentives, hardworking Americans will see the actual results for themselves.




Deneen Borelli

Deneen Borelli is the author of Blacklash: How Obama and the Left are Driving Americans to the Government Plantation. Deneen is a contributor with Newsmax Broadcasting. She is a former Fox News contributor and has appeared regularly on “Hannity,” “Fox & Friends,” “Your World with Neil Cavuto,” and “America’s Newsroom.” She has also appeared on Fox Business Network programs “Making Money with Charles Payne,” “The Evening Edit with Liz MacDonald,” and “Cavuto: Coast to Coast.” Previously, Deneen appeared on MSNBC, CNN, the BBC and C-SPAN. In addition to television, Deneen co-hosted radio programs on the SiriusXM Patriot channel with her husband Tom. Recently, Deneen co-hosted the Reigniting Liberty podcast with Tom. Deneen is a frequent speaker at political events, including the FreedomWorks 9.12.2009 March on D.C. which drew a crowd estimated at over 800,000 people. Deneen is also an Ambassador with, a social media platform that promotes free speech, and with the America First Policy Institute (AFPI) which advances policies that put Americans first. Deneen testified before the U.S. House of Representatives Committee on Natural Resources in May 2011 and before the Ohio House Public Utilities Committee in December 2011. Previously, Deneen was a host, Outreach Director with overseeing its outreach program, a Project 21 Senior Fellow, and Manager of Media Relations with the Congress of Racial Equality (CORE). Prior to joining CORE, Deneen worked at Philip Morris USA for 20 years. During her corporate career at Philip Morris she worked in various positions, her last as Project Management Coordinator in the Information Management department where she was responsible for the department’s mandated quality processes, communications, sales information and database management. Deneen began her Philip Morris career as a secretary and advanced to positions of increasing responsibilities. Deneen worked full-time and attended classes at night for 11 years to earn her B.A. in Managerial Marketing from Pace University, New York City. Deneen served on the Board of Trustees with The Opportunity Charter School in Harlem, New York. She appeared in educational videos for children, worked as a runway fashion model, and auditioned for television commercials. Her interests include ancient history, pistol target shooting, photography, and volunteering at her church. Deneen currently resides in Connecticut with her husband Tom.

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