Apple has clashed regularly with President Donald Trump over a variety of issues, but one thing both sides should be able to agree on is a policy that makes Apple more cash.
That’s exactly what Citi analysts think Trump’s proposed tax reforms would do. A reduction of the U.S. corporate tax rate from 35 percent to 15 percent, and a tax of just 10 percent on a one-off repatriation of overseas cash piles, would be great for Cupertino.
