Investment/Economy Thread

**blah3** · 06-08-2018, 04:52 PM

Originally Posted by WrongBaldy

tax cuts = less tax revenue = higher govt bond sales to fund deficit = higher total debt

Little early to say that....

Even so, net receipts are up by $29.6 billion for the current fiscal year — a 2.4% increase — compared with the same period last year.

https://www.investors.com/politics/e...or-themselves/

**WrongBaldy** · 06-08-2018, 05:30 PM

Originally Posted by blah3

Little early to say that....

Even so, net receipts are up by $29.6 billion for the current fiscal year — a 2.4% increase — compared with the same period last year.

https://www.investors.com/politics/e...or-themselves/

how is it too early?
weve seen where all the extra money went to. it wasnt capex it wasnt wages it wasnt investments. it went to shareholders and bank accounts

**WrongBaldy** · 06-09-2018, 04:31 PM

Interesting stuff coming out of g7.5

**WrongBaldy** · 06-10-2018, 03:34 PM

russia should be allowed to enter g8 again

**WrongBaldy** · 06-10-2018, 05:03 PM

traiters!!!
http://www.foxnews.com/politics/2018...arro-says.html

**WrongBaldy** · 06-11-2018, 12:00 AM

its tough out there
https://www.wsj.com/articles/emergin...ars-1528628400

**blah3** · 06-11-2018, 07:38 AM

Originally Posted by WrongBaldy

how is it too early?
weve seen where all the extra money went to. it wasnt capex it wasnt wages it wasnt investments. it went to shareholders and bank accounts

You have no idea where the money went. The federal govt is getting more so far in the current fiscal year.
And isn't shareholders getting money a good thing? How would shareholders getting less money and the govt bringing in less money be better?

**WrongBaldy** · 06-11-2018, 10:15 AM

Originally Posted by blah3

You have no idea where the money went. The federal govt is getting more so far in the current fiscal year.
And isn't shareholders getting money a good thing? How would shareholders getting less money and the govt bringing in less money be better?

It clearly says where the money went and it’s not to increase growth lol

It went to shareholders not new capex or new projects or to employees

It was a gift to shareholders love it

If there is no growth where will revenue come for debt reduction in the future lol

**blah3** · 06-11-2018, 10:32 AM

Originally Posted by WrongBaldy

It clearly says where the money went and it’s not to increase growth lol

It went to shareholders not new capex or new projects or to employees

It was a gift to shareholders love it

If there is no growth where will revenue come for debt reduction in the future lol

And more money to the shareholders and govt is bad because????????

**BPF2** · 06-11-2018, 10:38 AM

Originally Posted by WrongBaldy

how is it too early?
weve seen where all the extra money went to. it wasnt capex it wasnt wages it wasnt investments. it went to shareholders and bank accounts

But a lot of that money wasn't corporate savings on current earnings from the new tax plan. Many of these large multinational companies brought back billions of dollars (as much as 2 trillion in total) that they had sitting oversees because prior tax laws would have taxed it at such a high rate. When that rate got cut, they brought the money back which actually resulted in tax collections for the US, investment in the US, and buybacks for investors. The repatriation rates went from 35% to varying rates as low as 8%. Apple paid 15% to bring back $250 billion. So the government could continue to collect 35% of $0, or get $15% of $250 billion = $38 billion!

**Laxdad24** · 06-11-2018, 11:08 AM

Originally Posted by BPF2

But a lot of that money wasn't corporate savings on current earnings from the new tax plan. Many of these large multinational companies brought back billions of dollars (as much as 2 trillion in total) that they had sitting oversees because prior tax laws would have taxed it at such a high rate. When that rate got cut, they brought the money back which actually resulted in tax collections for the US, investment in the US, and buybacks for investors. The repatriation rates went from 35% to varying rates as low as 8%. Apple paid 15% to bring back $250 billion. So the government could continue to collect 35% of $0, or get $15% of $250 billion = $38 billion!

I’m not an Econ guy ...but I think the point Baldy is trying to make is ...while the tax bill/breaks are benefitting big corps ...it’s not “trickling down” to us regular people. Yes any tax on monies brought back into the US is good for everyone( your 35% of 0 < 15% of $250 Bill ) the payouts and rebuys these big Corps are doing doesn’t benefit the average American. Most of the tax break money will go right into the “pockets” of the owners/shareholders. What the employees get are “ crumbs” as that goof Pelosi said. When a comp like Apple “re-invests” $250 Billion in itself ....what is a $1000 one time bonus to average employees really costing them? Zero. Those publicized “bonuses and few dollar raises” were just that ...a publicity stunt. Show the masses you ( big Corp) care about your employees. So you throw out a few pennies while stuffing $100’s in your back pocket. It is and was a way to make the wealthy wealthier. Period. Some average people who have the means and courage to play the market are gonna make themselves a nice chunk ...but the rest of us are just gonna keep on keeping on. The “extra money “ in our checks is and will be used to pay for higher gas prices. Checks and balances.

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**GreatWhiteNorthRaven** · 06-11-2018, 11:13 AM

Originally Posted by Laxdad24

I’m not an Econ guy ...but I think the point Baldy is trying to make is ...while the tax bill/breaks are benefitting big corps ...it’s not “trickling down” to us regular people. Yes any tax on monies brought back into the US is good for everyone( your 35% of 0 < 15% of $250 Bill ) the payouts and rebuys these big Corps are doing doesn’t benefit the average American. Most of the tax break money will go right into the “pockets” of the owners/shareholders. What the employees get are “ crumbs” as that goof Pelosi said. When a comp like Apple “re-invests” $250 Billion in itself ....what is a $1000 one time bonus to average employees really costing them? Zero. Those publicized “bonuses and few dollar raises” were just that ...a publicity stunt. Show the masses you ( big Corp) care about your employees. So you throw out a few pennies while stuffing $100’s in your back pocket. It is and was a way to make the wealthy wealthier. Period. Some average people who have the means and courage to play the market are gonna make themselves a nice chunk ...but the rest of us are just gonna keep on keeping on. The “extra money “ in our checks is and will be used to pay for higher gas prices. Checks and balances.

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Sounds like capitalism to me...