Posted by & filed under Company Analysis, Governments & Regulators.

Description: The President’s new budget wants to see some of Apple’s overseas money injected into the Highway Trust Fund. So does Congress.

Source: Fortune.com – video report

Date: Feb 02, 2015

Link: http://for.tn/1HMU7yD

Questions for discussion:

  • How would stocks like Apple be affected if the firm’s foreign earnings were subject to the new tax proposed by President Obama?
  • Do you think the tax is likely to be enacted?

Leave a Reply

Your email address will not be published.