[webninja]

Interesting. But Apple can easily get around that tax by using one of its foreign companies, one of its holding companies, or one of its foreign brokerage accounts to buy back the U.S. stock from overseas. That non-regressive tax is only for weaker medium sized companies that don’t have any international incorporations or companies that want to pay more taxes out of charity.

It’s very sad that the Inflation Reduction Act was nothing more than tax increases when it should’ve been solely cuts to wasteful government spending instead. Instead of cutting spending, they did the opposite and increased spending.