Less money in Democrat’s pockets.
Are we all supposed to feel sorry for either side here?
No, the way our tax structure works, Apple would get to DEDUCT the taxes they pay off shore from their US Income Taxes. That means LOWER taxes paid to the Democrats here. Why do you think the Obama administration is so vehemently opposed to this?
Apple pays an effective 27% Corporate income tax rate in the US. . . but if they have to pay $14.5 billion to Ireland, all of that get's paid over seas, and NOT HERE.