Is Apple’s Tim Cook on the Money with Changing U.S. Tax Laws? My Thoughts on CNBC [VIDEO]


Ben Parr on CNBC Apple

I dropped by CNBC this afternoon to discuss an issue that will dominate the headlines this week — a proposal by Apple CEO Tim Cook to simplify the tax laws regarding the repatriation of corporate cash.

Currently, Apple has more than $100 billion sitting overseas ($1.7 trillion is doing the same from the top 1000 U.S. companies) because of a rule that would tax that money by 35% before it can enter the U.S.

It’s a complicated subject that we discuss in depth. Check out where I fall on the issue below: