Posted by Guest

Posted by Guest

Cry boy cry.

Every economic indicator is off the charts. Keep searching for exceptions to the rule.


Lol

Cry boy cry

Posted by Guest

Before you show everyone how stupid you are, maybe you should take some courses in economics. Economics wizard, you are not. ATT hasn't invested any money they had sitting around. They waited for the handout from their republican politicians, in the form of huge tax cuts, from which they give a paltry amount to some of their workers, and then lay more workers off. And dopes like you think thats okay.

Posted by Guest

You mean the economic indicators that have been going nothing but up...since Obama became POTUS?

Those indicators? :D


1. Only a financial idiot would think that if a company had a demand for their goods or services, that they would wait on some kind of tax break incentive...to hire those additional workers to increase their bottom line.

2. It would take that same level of idiocy to think that a company would automatically give a raise to its workers, if they were currently able to fill their positions adequately... with their current guidelines on remuneration.


Now there may be a few companies that will give a bonus (most likely NOT a pay raise, which is permanent) to try and obfuscate/avoid the criticism of what they're really going to do with that tax break...which is put it into shareholders and company officials pocket.

They will do this of course, by purchasing back their own stock so as to increase their stock price...of which all upper management's bonus pay is partially based.

Now the irony of this is the fact that I will be one of those that benefits greatly from this...through my numerous 401K's and stock holdings. I figure about next fall it will be time to reassess my portfolio however, because if history is any guide...this boom is ripe for busting within a year or so.

The truth of the matter is however, that since about 70% of our economy is consumer based and a much bigger and more fair/lasting impact could have been derived...by giving it directly to the low & middle class consumers.

Which of course, would have driven additional employment demand for most companies now selling more and would have stimulated the economy...in a much fairer and transparent method.

Instead, in one of the few times that Chump hasn't lied through his teeth...he was overheard telling his rich buddies that he just made them a lot richer.


"You all just got a lot richer," Trump tells friends, referencing tax overhaul - CBS News



And you dumfvck Trump cultists actually believed the trash he was spewing originally about the bill...was the truth :1rotfl:

You cultists do provide a national benefit however, in showing those that think Trump followers couldn't be any dumber or more naive...are dead wrong.

Heck, you're lowering that bar on almost a daily basis...so good job. :thumbup:




Deepest Sincere Wishes: :wave:

Posted by Guest

The entire thread is started by a moron who just wants to avoid looking at every single economic indicator!

Posted by Guest

You can't read... Again, they paid tax on the 8.8 billion when they earned it.

AT&T is investing in their workforce, they could have kept all the money they earned, but they decided to spend SOME of it on employees.

Yes, I know it is not all of the 8.8 billion like you feel it should be. You don't feel anyone should get wealthy, unless all the employees get wealthy too...the liberial dream!

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Posted by Guest (Post 1495675)

Not in America...they didn't pay US income tax. That's what this is all about. "American" companies with overseas operations are "financially" acting like they are foreign companies. Keeping the money earned overseas...overseas...and NOT bringing it "back home" to be taxed.

I'm sure this "giving everyone $1,000" will generate MORE in tax writeoffs than they're actually spending.

If ALL those getting canned were the dead weight minorities...the company could profit immensely. But they won't be...and the company will have to deal with 20% dead weight.

Posted by Guest

Those days have been over for sometime.

I can tell you that in order to spend the money here in the states, they will have to pay tax on it. To deposit money earned here in the states into a foriegn account, they will have to report it and pay tax on it.
There are several laws on the books to deal with reporting of foreign bank accounts;
Bank Secrecy Act.
FDIC 1010.610 and 1010.620
IRS requires an FBAR by June 30 each year.
The US has a banking agreement with almost every country in the world. The US provides software to those countries (software to root out their tax cheats) in return information of foriegn accounts held by US citizens and companies.


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Posted by Guest (Post 1495766)

I can't successfully post a link but just Google "Apple's cash mountain grows to $178bn." Held offshore

Posted by Guest (Post 1495766)

I can't successfully post a link but just Google "Apple's cash mountain grows to $178bn." Held offshore

Posted by Guest

Those days have been over for sometime.

I can tell you that in order to spend the money here in the states, they will have to pay tax on it. To deposit money earned here in the states into a foriegn account, they will have to report it and pay tax on it.
There are several laws on the books to deal with reporting of foreign bank accounts;
Bank Secrecy Act.
FDIC 1010.610 and 1010.620
IRS requires an FBAR by June 30 each year.
The US has a banking agreement with almost every country in the world. The US provides software to those countries (software to root out their tax cheats) in return information of foriegn accounts held by US citizens and companies.


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Posted by Guest

It doesn't matter if it's held offshore, it still has to be reported...

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Posted by Guest

With the new tax rule on full same year deduction for investment, look for Apple to make a hugh plant investment in America.

Making america even hugely greater.

Posted by Guest (Post 1495914)

Not so fast:

Analysts are saying the bulk of any money brought back to the states will go into increased dividends and payouts to stockholders. Apple's top priority will likely be "accelerated" share buybacks. Apple has already committed to a $300 billion capital return program that includes buybacks and dividends for shareholders. Noticeably absent from the list: Reinvesting the money in American workers, either through expanding its operations and supply chain at home, or substantial pay increases for U.S. employees.

Posted by Guest

What is your point? They were already taxed on the money when they reported it. Are you suggesting that they are not allowed to spend their money anyway they want? If so, please share your plans for spending any money you have, and let us tell you what we think of your plans.

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Posted by Guest

Oh fvck - it just dawned on me, you feel they should donate all their money to welfare recipients...

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Posted by Guest (Post 1495949)

NO...they were not "already taxed"...not by America. There's nothing to report. They don't pay American taxes on overseas profits until they bring those profits back.

That's the whole point of this. $285 billion sitting overseas in foreign accounts...taxed by the country they're in...but not taxed by the USA...UNTIL...they bring it here.

Posted by Guest

Income from Abroad is Taxable | Internal Revenue Service

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