New York Times: Silicon Valley Warms to Trump After a Chilly Start

But Silicon Valley’s favorite thing about Mr. Trump is almost certainly his new tax code. Many tech companies lobbied for corporate tax reform for years before Mr. Trump signed the new tax bill.

Tech giants immediately reaped the benefits. Under the new rules, Apple saved $43.7 billion in taxes, according to the Institute on Taxation and Economic Policy, a nonpartisan tax research group. Apple then announced the $350 billion “contribution” to the American economy over five years. Read more