10 billion is more than 0 dollars, so it makes sense. 0 is what they will get if the keep the rate the same as it is now.
>If the IRS is going to give Apple a tax holiday, can they give me a tax holiday too?
That sure would be nice, I wouldn't mind one. That being said, we don't have billions of dollars to offer, and it's unlikely we have money overseas that needs repatriated.
It makes sense in that it encourages the holders of capital to return that capital to the domestic economy, spending it on employees, R&D, expanding domestic production, etc.
What is 10% of 100 billion? 10 billion.
10 billion is more than 0 dollars, so it makes sense. 0 is what they will get if the keep the rate the same as it is now.
>If the IRS is going to give Apple a tax holiday, can they give me a tax holiday too?
That sure would be nice, I wouldn't mind one. That being said, we don't have billions of dollars to offer, and it's unlikely we have money overseas that needs repatriated.