Faculty News

Professor Lawrence White discusses how recent tax cuts will impact Apple and advocates for the simplification of the tax code

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Excerpt from Fox Business -- "Well I think it's going to be a mixture of they will invest it in new products. They've got a strong tradition of developing new products that delight customers. They will be giving bonuses to a number of their employees and over the longer run it may well trickle into larger dividends but for the moment I think it's investing in the business and in their employees, both are terrifically important. I want to add one thing to what just got said about the tax cut, yes it was overdue but we missed an important opportunity to simplify the tax code to get rid of loopholes, there was precious little reform, way too much cut..."