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Apple For The Next 40 Years - Apple Inc. (NASDAQ:AAPL) | Seeking Alpha

Apple For The Next 40 Years - Apple Inc. (NASDAQ:AAPL) | Seeking Alpha: The last time a tax holiday was voted by the US Congress was in 2004 when corporations were allowed to repatriate offshore cash at a tax rate of 5.25%. Corporations brought $362 billion to the US economy on that occasion. This is essential for long-term investors as sooner or later the tax holiday will probably be voted and AAPL's offshore cash will be available for dividends and buybacks.

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