Tim Cook Wants Repatriation Tax Spent on Infrastructure

The transcript discusses the concept of repatriation, specifically a deemed repatriation tax, where companies are required to pay a tax on international earnings. The speaker suggests using the tax revenue for infrastructure investment in the US to create jobs and boost the economy.

What is the primary focus of the repatriation bill discussed in the video?

• To mandate a tax on international earnings

• To provide tax incentives for international companies

• To increase taxes on local businesses

• To eliminate taxes on foreign subsidiaries

How does the speaker suggest the repatriation tax should be implemented?

• As a tax deferral

• As a mandatory tax

• As a tax exemption

• As a voluntary contribution

What is the intended use of the funds collected from the repatriation tax?

• To reduce national debt

• To increase military spending

• To fund international aid

• To invest in US infrastructure

Why does the speaker believe infrastructure spending is important?

• It increases exports

• It creates jobs

• It reduces inflation

• It lowers taxes

What argument does the speaker anticipate against infrastructure investment?

• That it is unnecessary

• That it is too costly

• That it will increase taxes

• That it will reduce jobs