Apple and Corporate Taxes

Money Talking | May 3, 2013

If you had $145 billion on hand, you'd spend some of it right? Well, if you’re Apple, not quite. 

The company sold $17 billion worth of bonds this week as part of a plan to give back $100 billion to shareholders.  

Essentially, Apple would rather use its credit card and take on debt, than use the money it has sitting in the bank.

This week on Money Talking, regular contributors Joe Nocera of the New York Times and Rana Foroohar of Time magazine discuss the implications of Apple's decision and what it says about America's corporate tax structure. 

Looking ahead, Nocera previews the annual Berkshire Hathaway shareholders meeting, which takes places May 4 in Omaha.

Foroohar takes a look at the sequester's impact on the jobs number. 

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