Also, credit is due entirely where it is due, which means the passage of the recent tax plan and the hectoring/shaming of US corporations into putting the issue of investing in US, and bringing jobs back to the US, on the front-burner.
Sure, the repatriation part of Tax reform helps company like Apple. And Apple stock holders if they get some of it or result of it helps their Apple portfolio. Though the new tax reform doesn’t help people who are in California, NY, NJ, CT, etc. where they are hit hard with more tax now.
Since you mention States with higher income taxes and the location of people who are “rich”, now they get to pay more to the government in taxes and they can’t get out of it. That has a lot of “rich”’people mad. I believe there is a cap where you can claim up to a certain amount as being exempt. IIRC it is up to $10,000 but I may be wrong
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