Professor Elam

Monday Dec 10 2012

John Dvorak reflects on the decisions to bring Apple manufacturing back to the US.

From an accounting perspective, understand that, while the President claims to be for creating American jobs, our highest in the world 35% corporate tax on American profits is the biggest driver of sending jobs overseas. Who wants to give up one third of their effort when moving offshore allows you to keep the money?

I don't think the President understands the economy; he is more interested in wealthconfiscation than creation.