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9. Just kept in a large pile like Apple does.


Apple's cash reserve hasn't grown in a while since they are spending it on stock buybacks and dividends.

But the very reason they didn't repatriate it and spend it in the US is the corporate tax the GP is arguing against.


This is really a case of 8. I doubt that Apple has an account full of US dollars, and I mentioned that low yields on safe investments is already a way of “taxing” this money in order to encourage spending or riskier investment.


More like a large mountain range.


I don’t see how that’s a problem. It’s just delaying the inevitable taxation of that cash. It’s not avoiding it.




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