creation: In fact, the capital is more likely to benefit investors than jobseekers, according to Bloomberg. It not a shortage of funds that has held back job creation by U.S. companies. The president-elect has suggested that cutting taxes on companies accumulated offshore earnings from the current 35 percent to 10 percent would persuade them to repatriate that income; as the money returned, so would jobs. Apple Inc., Microsoft Corp., Pfizer Inc. and many others have raised huge amounts of cash -- using low-interest debt -- to buy back shares and boost dividends, not build new factories in the U.S. function global function ad Code dimensions id 1 0 2 1 10 strategy targeting targeting Modifiers ; ; window ; Asked what he would do with repatriated cash should the Trump administration slash taxes on foreign profits, Cisco Systems Inc. Gary Dickerson, CEO of chip equipment maker Applied Materials Inc., said much the same. Chief Executive Officer Chuck Robbins said in a phone interview last week We do have various scenarios in terms of what we d do but you can assume we ll focus on the obvious ones -- buy-backs, dividends and M&A activities.
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