The new tax law required that Apple pay a onetime tax of 15.5 percent on its overseas profits, approximately $38 billion. The company planned to build a new customer support campus and data centers, as well as start other construction that would cost about $30 billion. Plus it was spending about $55 billion annually with U.S. suppliers and hiring about five thousand new employees annually in the United States. The company could thus claim that in the wake of tax reform it would be making a $350 billion direct contribution to the U.S. economy over the next five years, as well as adding twenty
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