polymnia

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polymnia
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  • Apple to pump $350B into US economy over next 5 years, pay record $38B in repatriation tax...

    So Apple and the others who kept their money abroad (at least on paper) have now successfully lobbied themselves into the same tax bracket as people earning roughly 9k to 38k per year.
    Are corporations people? Should they be taxed like people? I'm not sure the comparison holds water.

    The progressive tax system for individuals is based on the idea that there is a certain amount of money needed to sustain a family, as income increases, taxes can go up because the cost of doing family (business) doesn't have to increase. As income decreases, more money can be left in the pockets of the family to sustain a reasonable lifestyle.

    The flat corporate tax is based on the idea that a business likely has to scale up costs as its cash flow increases.

    Obviously this is a huge oversimplification and it is quite reasonable to argue that we don't strike the right balance in many ways.

    The models are so different, I'm not sure comparing rates from one to the other is particularly useful.


    cornchip
  • Apple to pump $350B into US economy over next 5 years, pay record $38B in repatriation tax...

    Let’s hope that part of the repatriated money is returned back to the stock holders as form as special dividend. Creating jobs and stuff is good, but I also hope they use to money to buy technology or additional revenue stream - Maybe really consider picking up Netflix.
    Netflix is definitely not going to happen because the current studio agreement will not survive the sale of the company. But I suspect there will be a series of very large dividends.
    I hope not.  I don't want a few exceptional dividends from Apple.  If they want to increase dividends for the long-haul, that would be ok, but I like my Apple gains tucked away in deferred capital gains and not dumped into my AGI.
    Do you reinvest all of your dividends? I have since the beginning of owning my stock. Also, “AGI”?
    I think he means Adjusted Gross Income.

    My strategy has been to put all my Apple holdings in a Roth IRA. I paid all the tax I ever will as I contributed. Considering Apple is the best performing asset in my portfolio, it was a good choice buying it within the Roth IRA.

    And I most definitely reinvest all my dividends!
    radster360
  • Apple to pump $350B into US economy over next 5 years, pay record $38B in repatriation tax...

    'For years the company infamously refused to repatriate billions in overseas cash unless it was granted a tax "holiday."'

    That would be a good line in a opinion piece.  No so great in a news story.

    Did I "infamously refuse" to pay taxes on the money I contributed to 501k?

    Also, where is the link to the actual announcement in the story? https://www.apple.com/newsroom/2018/01/apple-accelerates-us-investment-and-job-creation/
    In agreement with your sentiment. 

    To extend the metaphor, you may have chosen NOT to contribute to a Roth IRA (taxed up front, aka: post-tax contribution) because your tax rate is higher now than you anticipate it being upon retirement. You were smart to go with the taxed-upon-withdrawal (aka: pre-tax) 401k.

    In a similar calculation, Apple knows they need to pay the taxes at some point. You can never avoid the tax man forever. But a smart company (or retirement saver) will choose when to pay taxes to their benefit. 

    Its not unethical, illegal, immoral or anything else. It’s like punting on 4th down or swinging at a pitch when the count is 3 balls and no strikes. It’s just sound strategy within the rules set forward. (sorry about the US sports references)

    That said, I’m glad Apple has found a way to bring some of that war chest home (I’m an American). 
    cornchipmuthuk_vanalingam
  • Apple carries first-ever in-store, third-party Wi-Fi router in form of Linksys Velop

    kharvel said:
    rob53 said:

    rob53 said:
    [...] Of course my biggest issue with all of these routers is their cost. 
    My initial reaction was sticker shock, but then I realized I paid more than that to have multiple Airports, and they don't provide mesh coverage.

    Would even a decent router and extenders by much less expensive that what this costs?
    I have two Airports configured to provide the same type of coverage mesh systems provide. Apple makes it real easy to configure the second device and it uses the same SSID so what's the difference between this configuration and a mesh system? I hardwired the second Airport to the first via ethernet so I wouldn't lose any speed. Apple sells the Extreme for $199, Amazon has refurbished for $169. The Veloc info says there are no unsightly connecting cables, but you still have the power cord and the main ethernet cable from your cable/DSL modem so there are cables involved. The Veloc has two ethernet ports so they can be connected the same way I connected my Airports.

    https://support.apple.com/en-us/HT202056 I used the roaming  configuration. Using Airport Utility, go under Wireless, then drop down menu to Extend Wireless Network. The Utility handles all the configuration settings and you're off and running. I haven't tried using a third Airport but I see no reason why this wouldn't work.


    I am very interested in hearing other people's opinions on this set-up.  I'm thinking of getting another Airport Extreme and setting up a mesh network in the same fashion as rob53.  Does anyone know if this set-up would be just as good as a Netgear Orbi or Ubiquiti Amplifi mesh network?  
    All my old AirPort gear is setup at my parents house and I have used various pieces as extenders to get wifi to problem areas in the house.

    This Christmas they got my AirPort Extreme AC Base Station. I was able to retire all the extenders because the new(wish) AP Base Station was able to get full signal bars as measured by a MBP through their whole house. For the two-story, single lot home my parents live in, the modern(ish) AirPort base Station does fine.

    I opted for a mesh setup to cover a two-lot-wide network as I described above.

    There is no apparent down-side to my Amplifi mesh setup and I have a much greater range.
    watto_cobra
  • Apple carries first-ever in-store, third-party Wi-Fi router in form of Linksys Velop

    giraffe said:
    lkrupp said:
    Apple used to make their own printers, including the Laserwriter. They made their own monitors. They even made a digital camera. In my opinion it’s just common sense that Apple decided to let peripheral manufacturers who specialize in certain peripherals do their thing. The problem , as we saw with the LG monitor, is that those manufacturers aren’t always on the same level of quality. With the Linksys mesh routers they have the category covered. The Airport Extreme and the Time Capsule are still available.

    The Linksys mesh routers do not include a USB port so there is no way to attach a USB printer or hard drive.  So diminished capability in comparison to the Apple products whatever you think of them.
    I think you mean "different capability" rather than "diminished capability"

    Apple AP products do not offer mesh networking.

    To be clear, I have been happy with all my Apple AP products, though at present I use a Mesh product (Apmlifi as mentioned above).
    watto_cobra