$13 thousand dollars, thanks Republicans

It’s a shame that journalists are allergic to arithmetic.

For example the 50 Billion dollars that Apple won’t pay in taxes thanks to the Republican 2017 Tax bill divided by 125 Million households in the US is $1,200 dollars/household.

Apple was estimated to own 88 Billion before and their PR cheerfully trumpets that they will be paying 38.

Here’s another example.  $2.8 Trillion (total US firms have stashed overseas) times.  Apple’s share of that: $252.3 Billion.  I.e. 9%.     So if all those firms take advantage of the tax cut it’s $1,200/9 * 100.

$13,333  dollars per household.

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