Seeking Alpha Author Hector Andres Pacheco joins Cheddar to discuss how the new tax bill will impact special dividends given out by giant companies. In particular, he's looking at Apple and Microsoft to bring back billions of dollars from overseas.
The new tax bill will allow American companies to bring back money from overseas at a reduced tax price. Pacheco explains why Apple is a prime contender for a special dividend. It's on track to spend $300 billion returning capital to shareholders by 2019. If Apple repatriates all of its overseas cash its tax bill will only be $39 billion...only!
Plus, Microsoft is no stranger to shareholder-friendly action. In 2004 the company brought back about $30 billion in cash from abroad and issued a $3-a-share special dividend. Pacheco believes it plans to do the same thing in 2018.
Pacheco also talks about how a higher minimum wage for lower-income Americans plays a more stimulative role for the economy than giving higher wages to those with a large net worth.
GenZ workers get a bad rep when it comes to hiring - Why?Huy Nguyen, Chief Education and Career Development Advisor for Intelligent.com joins Cheddar to discuss
Can a layoff lead to your next big thing? Issie Lapowsky, contributor for Inc. Magazine and Alphonzo Terrell, co-founder and CEO of Spill join us to discuss.
Managing Editor at Tom's Guide, Kate Kozuch, joins Cheddar to explain how Apple's AirPods now work as hearing aids and what she thinks of Apple Intelligence.
A Polish radio station said Monday that it has ended an “experiment” that involved using AI-generated “presenters” instead of real journalists after the mo
