Speaking to Bloomberg Businessweek, Cook said bringing that money back is "what's good for America." Cook suggested that a more reasonable percentage — 10 percent or 20 percent — repatriation should be required.
"The issue is not that there's a tax on international earnings. The issue is the existing tax has been crazy," Cook said. "No one would bring it back at a 40 percent—I mean, 35 percent federal and then state taxes. That's the problem. I think it's smart for the United States to have some kind of tax revenue for international earnings—if that tax were reasonable."
It's not the first time that Cook has suggested Apple has an unreasonable tax burden. With most of its $256.8 billion cash overseas, Apple has taken some creative measures to keep taxes low in places like Ireland.