Re: Tax Reform....good or bad
Quote:
Originally Posted by
CitizenBBN
Mick, if the re-patriation of funds happens, no doubt we'll have a boom at the Wall Street level. Estimates are as high as the trillions as to how much money is off shore that could return if conditions are favorable. All of it wont, but it's a huge capital pool.
But I think we could see a boon at the small business level too. It's not ideal, I'm still buried in paperwork and crap, but Trump only has limited control over that, esp. in just a year in office, but giving a 20% deduction right off the top is a great way to cut through the red tape and just help us out.
Citizen I believe you nailed it!
Re: Tax Reform....good or bad
Quote:
Originally Posted by
MickintheHam
Well Doc, the positive economic news continues. I haven’t seen one Lib on facebook discussing the Apple news. I guess the Snowflakes are waiting for their talking points.
I look at my stock portfolio a couple times a week and am amazed. It making more money that I am working. At this rate, I'd be fine if Trump was getting a blow job in the oval office by an intern and then lied about it so long as his policies kept the economy "humming" like it is
Re: Tax Reform....good or bad
Quote:
Originally Posted by
dan_bgblue
Repatriation of the money will also be a boon to the federal coffers.
Apple repatriating more cash than the budget of a lot of countries. 100% of the taxes from that are funds the US would not have received without the tax bill.