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-   The Villages, Florida, Political talk (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/)
-   -   AT&T Lays Off 1400 After Trump Tax Breaks (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/t-lays-off-1400-after-trump-tax-breaks-251418/)

dirtbanker 01-04-2018 10:34 PM

Quote:

Posted by Guest (Post 1500267)
You confused me on this one. One of the reasons to do this tax cut was because companies were holding profits offshore. With the tax cut, they should be bringing them onshore for taxation.

COPUFF

I am fairly certain it was explained;

The current tax code allows them to defer taxation. The current tax code requires them to report the accounts and holdings yearly.




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dirtbanker 01-04-2018 10:37 PM

If the New tax code results in less tax on those defered holdings, they would be wise to bring the holdings back here, as the US dollar is more stable than foriegn currency?

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8notes 01-05-2018 08:23 AM

Quote:

Posted by Guest
If the New tax code results in less tax on those defered holdings, they would be wise to bring the holdings back here, as the US dollar is more stable than foriegn currency?

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Given the chaos in the white house, I think it is erroneous to assume the US dollar is more stable than foreign currencies.I've read that the Canadian dollar, Australian and New Zealand dollars are more stable than the US dollar for example. Of course it would depend on which countries the deferred holdings are located in.

Don Baldwin 01-05-2018 09:09 AM

Quote:

Posted by Guest
If the New tax code results in less tax on those defered holdings, they would be wise to bring the holdings back here, as the US dollar is more stable than foriegn currency?

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Why? Why get taxed at all? Apple has $180 billion overseas it's bought US treasuries with. It's already helping the government. Besides, the costs and profits were all born overseas...so why should the US get a big cut anyway?

More stable today...what about tomorrow?

https://qph.ec.quoracdn.net/main-qim...fc98ad77cac3-c

Quote:

Posted by Guest
Given the chaos in the white house, I think it is erroneous to assume the US dollar is more stable than foreign currencies.I've read that the Canadian dollar, Australian and New Zealand dollars are more stable than the US dollar for example. Of course it would depend on which countries the deferred holdings are located in.

Apple bought a LOT of US treasuries with that money. Safe for now.

Kenswing 01-05-2018 11:27 AM

U.S. Employers added 148,000 jobs in December.. Unemployment rate at 4.1%..

Anyone getting laid off right now is having no problem finding another job.

Allegiance 01-05-2018 11:35 AM

Quote:

Posted by Guest (Post 1500595)
U.S. Employers added 148,000 jobs in December.. Unemployment rate at 4.1%..

Anyone getting laid off right now is having no problem finding another job.

Could be the best economic boom ever.

wjboyer1 01-05-2018 12:10 PM

Quote:

Posted by Guest
U.S. Employers added 148,000 jobs in December.. Unemployment rate at 4.1%..

Anyone getting laid off right now is having no problem finding another job.

tell that to the coal miners

Kenswing 01-05-2018 12:34 PM

Quote:

Posted by Guest
tell that to the coal miners

Wow.. A reply without a picture..

Industries come and go with the times. If you can't adapt you get left behind. Employers are complaining of not having enough qualified workers to fill positions.

You can always cherry pick stats to fit your agenda. But by and large, right now if you want a job you have a job.

AJ32162 01-05-2018 01:17 PM

Quote:

Posted by Guest
tell that to the coal miners

Since when did Liberals develop a concern for unemployed coal miners? Obama and Hillary haven't.

dirtbanker 01-05-2018 01:28 PM

Quote:

Posted by Guest
Since when did Liberals develop a concern for unemployed coal miners?

When it is something to whine about Trump...

"The Boy" is a true and true union liberal, he just looks for reasons the job cant get done...

wjboyer1 01-05-2018 02:45 PM

Quote:

Posted by Guest
Wow.. A reply without a picture..

Industries come and go with the times. If you can't adapt you get left behind. Employers are complaining of not having enough qualified workers to fill positions.

You can always cherry pick stats to fit your agenda. But by and large, right now if you want a job you have a job.

Just using the TRUMP promise to its logical conclusion.....
There are many employers who will NOT expand their payrolls, nor increase their employee numbers, but rather increase the dividends to their stockholders. The "trickle-down" economic theory has been shown NOT to work, yet people like you seem to think otherwise.

If you were employed as a factory worker (ie: Carrier in Indiana) and were PROMISED employment, and the state of Indiana actually approved $millions of tax dollars in incentives to keep those jobs.....and they LEFT.....there are many other examples, but if you want to pick fruit, vegetables, flip burgers, cut lawns, etc....you can probably find a "job".... according to YOUR cherry-picked statistics

Kenswing 01-05-2018 02:56 PM

Quote:

Posted by Guest
Just using the TRUMP promise to its logical conclusion.....
There are many employers who will NOT expand their payrolls, nor increase their employee numbers, but rather increase the dividends to their stockholders. The "trickle-down" economic theory has been shown NOT to work, yet people like you seem to think otherwise.

If you were employed as a factory worker (ie: Carrier in Indiana) and were PROMISED employment, and the state of Indiana actually approved $millions of tax dollars in incentives to keep those jobs.....and they LEFT.....there are many other examples, but if you want to pick fruit, vegetables, flip burgers, cut lawns, etc....you can probably find a "job".... according to YOUR cherry-picked statistics

I guess you'll just ignore all the companies that are announcing employee bonuses due to the tax break?

I'm a business owner and a stockholder of many companies. A balance of employee bonuses and shareholder dividends is a good thing.

With the added money on hand look at all the companies that are increasing capital expenditures. That in itself increases employment.

All you want to do is bash Trump. I could care less about Trump. I care about my business and the economy which both are doing quite well at the moment.

wjboyer1 01-05-2018 03:06 PM

Watch CEOs admit they won’t actually invest more if tax reform passes
 
Quote:

Posted by Guest
I guess you'll just ignore all the companies that are announcing employee bonuses due to the tax break?

I'm a business owner and a stockholder of many companies. A balance of employee bonuses and shareholder dividends is a good thing.

With the added money on hand look at all the companies that are increasing capital expenditures. That in itself increases employment.

All you want to do is bash Trump. I could care less about Trump. I care about my business and the economy which both are doing quite well at the moment.

Watch CEOs admit they won’t actually invest more if tax reform passes - Vox

Why Trickle Down Economic Works in Theory But Not in Fact

Trickle Down Economics: Theory, Effect, Does It Work

Kenswing 01-05-2018 03:09 PM

Time will tell. Until then I will just watch my retirement fund grow while you sit there and whine.

wjboyer1 01-05-2018 03:18 PM

Quote:

Posted by Guest
Time will tell. Until then I will just watch my retirement fund grow while you sit there and whine.

hope you have diversified.....last Republican President had a huge stock market crash.....but the DOW is a speculative index. The companies depend upon SALES, and if there is little increase in income, there will be little, if no, increase in sales.....

The best economic engine is increased family disposable income, not the stock market

Kenswing 01-05-2018 03:27 PM

Quote:

Posted by Guest
hope you have diversified.....last Republican President had a huge stock market crash.....but the DOW is a speculative index. The companies depend upon SALES, and if there is little increase in income, there will be little, if no, increase in sales.....

The best economic engine is increased family disposable income, not the stock market

Diversification is the name of the game. The only money I'm actively putting in the market right now is dividends on stocks already owned. I am still putting some money into funds but a majority is going into tax free muni's.

I understand how fast this market has risen and how fast it can fall. I keep pushing stops up as the stocks rise. If a crash comes the stops will protect me.

wjboyer1 01-05-2018 03:38 PM

Quote:

Posted by Guest
Diversification is the name of the game. The only money I'm actively putting in the market right now is dividends on stocks already owned. I am still putting some money into funds but a majority is going into tax free muni's.

I understand how fast this market has risen and how fast it can fall. I keep pushing stops up as the stocks rise. If a crash comes the stops will protect me.

Again, the best economic engine is increased wages...that is the best protection from a crash. That enables an economy to limit the effects of downturns by not having severe situations which have been seen. Having an administration and congress depend upon economic growth without encouraging wage increases, increasing the deficit, and reducing taxation of those who can afford taxes, and increasing taxation of those who have lived with wage stagnation for the past decade is, in my opinion, a recipe for another significant economic crash.

Kenswing 01-05-2018 03:43 PM

Quote:

Posted by Guest
Again, the best economic engine is increased wages...that is the best protection from a crash. That enables an economy to limit the effects of downturns by not having severe situations which have been seen. Having an administration and congress depend upon economic growth without encouraging wage increases, increasing the deficit, and reducing taxation of those who can afford taxes, and increasing taxation of those who have lived with wage stagnation for the past decade is, in my opinion, a recipe for another significant economic crash.

With unemployment at 4.1% and predicted to fall farther wages almost have to rise. The competition for labor will become too great for wages to remain stagnant.

wjboyer1 01-05-2018 03:49 PM

Quote:

Posted by Guest
With unemployment at 4.1% and predicted to fall farther wages almost have to rise. The competition for labor will become too great for wages to remain stagnant.

We will see.....historically it is not optimistic.

dirtbanker 01-05-2018 03:59 PM

Quote:

Posted by Guest
Just using the TRUMP promise to its logical conclusion.....
There are many employers who will NOT expand their payrolls, nor increase their employee numbers, but rather increase the dividends to their stockholders. The "trickle-down" economic theory has been shown NOT to work, yet people like you seem to think otherwise.

If you were employed as a factory worker (ie: Carrier in Indiana) and were PROMISED employment, and the state of Indiana actually approved $millions of tax dollars in incentives to keep those jobs.....and they LEFT.....there are many other examples, but if you want to pick fruit, vegetables, flip burgers, cut lawns, etc....you can probably find a "job".... according to YOUR cherry-picked statistics

My first instinct is to suggest you should stick to posting pictures with phrases somebody else thought up, but lets explore your claim.

Lets clear up something in your first paragraph;in your opinion how many is many? Is it close to 15% or is it closer to 75%? Your definition of "many" would certainly change the value of your statement.

If I was an employee at a factory, who is promising me employment and why? Is it contingent on anything like say market share, profitability, productivity, or any of numerous things that could change the feasibility of the factory being in business? Is the promise for 1 year, 10 years, 20 years, forever?

Please define the tax incentives given to the factory. I am anxious to see how the tax incentive (which would be applied to the prior year's tax filing) would effect the grantor if the factory closed.

dirtbanker 01-05-2018 04:04 PM

Quote:

Posted by Guest
We will see.....historically it is not optimistic.

Life has never been optimistic to you liberals, but that never bothered those collecting entitlements. They love your party's "can't be done" attitude, it has provided well for the lazy POS bust out losers of this country.

Don Baldwin 01-05-2018 08:31 PM

Quote:

Posted by Guest
Wow.. A reply without a picture..

Industries come and go with the times. If you can't adapt you get left behind. Employers are complaining of not having enough qualified workers to fill positions.

You can always cherry pick stats to fit your agenda. But by and large, right now if you want a job you have a job.

BECAUSE the population is only 25% white men. Minorities are 51% and white women another 25%. There aren't enough white men to go around.

wjboyer1 01-07-2018 10:45 AM

Companies that announced big bonuses after GOP tax cut are now laying off their worke
 
Companies that announced big bonuses after GOP tax cut are now laying off their workers – ThinkProgress

Allegiance 01-07-2018 10:48 AM

The prermise of this thread is total BS

dirtbanker 01-07-2018 10:55 AM

Quote:

Posted by Guest (Post 1500744)
My first instinct is to suggest you should stick to posting pictures with phrases somebody else thought up, but lets explore your claim.

Lets clear up something in your first paragraph;in your opinion how many is many? Is it close to 15% or is it closer to 75%? Your definition of "many" would certainly change the value of your statement.

If I was an employee at a factory, who is promising me employment and why? Is it contingent on anything like say market share, profitability, productivity, or any of numerous things that could change the feasibility of the factory being in business? Is the promise for 1 year, 10 years, 20 years, forever?

Please define the tax incentives given to the factory. I am anxious to see how the tax incentive (which would be applied to the prior year's tax filing) would effect the grantor if the factory closed.

Yep the premise of this thread is BS.

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