Apple Has Given Us an Early Sign of Tax Reform’s Long-Term Economic Boost

Last week, Apple generated headlines by announcing it would pay $38 billion in taxes to repatriate billions of dollars it was holding overseas, give bonuses to its employees, and contribute $350 billion and 20,000 new jobs to the US economy in the next five years - at least partially because of December's tax reform law. While this announcement was met with much fanfare and hailed by the president, tax reform can also boost technology, productivity, and pay in other ways.