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Old January 9th, 2018, 05:50 PM   #1
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Tax law may send factories and jobs abroad

I'm among the proponents of a trade policy described within Wikipedia's “Import Certificates” article. The Import Certificate trade policy would have no problem with USA's new tax laws.
Respectfully, Supposn

Excerpted from:
https://www.nytimes.com/2018/01/08/b...e=sectionfront

Tax law may send factories and jobs abroad

Under the new law, income made by American companies’ overseas subsidiaries will face United States taxes that are half the rate applied to their domestic income, 10.5 percent compared with the new top corporate rate of 21 percent.
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Old January 9th, 2018, 06:26 PM   #2
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Multiple sources have reported that this morning. But that just helps the 1% more.

How big are the Republican President's offshore holdings?
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Old January 9th, 2018, 06:35 PM   #3
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Dirty, stinking, lying slimeballs, everyone who voted for this tax bill.

See my signature. Liar. Disgusting liar.
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Old January 9th, 2018, 07:10 PM   #4
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“You all just got a lot richer” The Republican President to rich friends, Dec 22, 2017
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Old January 9th, 2018, 07:31 PM   #5
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Subsidiaries manufacturing abroad are being taxed by countries they operate in. Selling goods in the market of the United States and manufacturing here will be attractive as the total cost of taxes in the USA will be reduced as compared to many other countries they may currently operate in. This is how business can be encouraged to flourish here along with the reduced rate for money repatriation to the US.
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Old January 9th, 2018, 07:37 PM   #6
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Quote:
Originally Posted by RNG View Post
“You all just got a lot richer” The Republican President to rich friends, Dec 22, 2017
It's just not right, a president whose narcissism allows him to treat everybody as fools. He tells definite, unarguable lies, and his supporters support him. Some will say, God's using Trump to Make America Great Again.

Never in my life have there been so many unbelievable things happening right before my eyes. Now, that could be something good. It's not.
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Old January 9th, 2018, 07:40 PM   #7
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The tax plan is going to heat up the economy even more in 2018. Middle income people will start getting their adjusted paychecks from the decreased tax withholdings. This attempt at propaganda will not be effective.
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Old January 9th, 2018, 07:43 PM   #8
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Toyota and Mazda to build $1.6 billion plant in Alabama.

https://www.cnbc.com/2018/01/09/toyo...n-alabama.html

Last edited by Updike; January 9th, 2018 at 08:11 PM.
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Old January 9th, 2018, 07:48 PM   #9
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Dimon of J.P Morgan thinks we can have 4% GDP growth.

https://www.marketwatch.com/story/di...wth-2018-01-09

Last edited by Updike; January 9th, 2018 at 08:19 PM.
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Old January 10th, 2018, 02:26 AM   #10
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The whole world is growing, that's how it works, the US is integrated into the world economy, and when the world has a recession, and it will, it always does, the US will have a recession. And when it does the deficit will soar, and the debt will soar.
Because tax rates are too low, they have been since the 1980's, and the low tax rates haven't created the kind of growth required to close the deficit.
And if it hasn't happened after nearly 50 years, it's not going to happen next year.
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