Probably not that but they could keep that even when their "profitable on paper" subsidiaries were spread around tax havens just like before.
But another interesting thing here is the interplay with EU countries. EU recently started to pay closer attention to Apple. Even forced them to look for a new place (they found Jersey I think). From my armchair understanding if they pay taxes in one place, say EU they might not need to pay it in US and vice-versa. Because of double taxation. As long as Apple was hoarding the money quietly and nobody could do anything it all good. As soon as EU started going after the money, it would benefit US to try to get to it sooner.
Whether politicians considered that or not not sure. But if they did, I can see them wanting to capture those taxes before EU got to them.
I for one am happy the part of them investing more in US. Don't see the reason people are upset about it.
But another interesting thing here is the interplay with EU countries. EU recently started to pay closer attention to Apple. Even forced them to look for a new place (they found Jersey I think). From my armchair understanding if they pay taxes in one place, say EU they might not need to pay it in US and vice-versa. Because of double taxation. As long as Apple was hoarding the money quietly and nobody could do anything it all good. As soon as EU started going after the money, it would benefit US to try to get to it sooner.
Whether politicians considered that or not not sure. But if they did, I can see them wanting to capture those taxes before EU got to them.
I for one am happy the part of them investing more in US. Don't see the reason people are upset about it.