cmon man

foggyhill said:

cmon man said:

"This would, he believes, give companies a significant economic incentive to bring manufacturing jobs back to the U.S." A little honest reporting would be appreciated. The "incentive to bring manufacturing jobs back" isn't the 35% tax. Nobody ever quotes him right. The incentive is that he's lowering corporate taxes from 35% to 15%, which puts the United States as one of the most favorable places on the planet to run a business. In fact, it would be 10% cheaper than China. That's the incentive. The 35% tax is his 'ultimatum' in his speeches if they don't come back. Technically speaking, a adding a tariff wouldn't be an incentive. He's also incorporating a one-time low repatriation tax of 10% which is favorable, as well. Tim Cook was recently quotes as saying that "it would cost him 40% to bring it home and I don't think that's reasonable to do." So the corporate tax is very favorable and so would be the repatriation tax. Companies should like this.

Do really believe that this is the reason why they do this in China... Come on. Trump will make believe ANYTHING and his overgrown baby crowd just gobble it up like sweet pablum..

Also, what are the fracking other consequences of that lower taxes, you know, less revenue... Well, Trumpie doesn't give a shit about that; more jobs (sic) will take care of that... Were have we heard that before? Hmmmm.

It's good ol' trickle down, just applied to company; cut taxes and you'll see, the treasury will eventually make money from the bubbling investments... Yup. It's the 1980s all over again.

Were do we take this money we cut back... Hell, lets borrow it. Because we'll "obviously" be able to make up that X% borrowed + Inflation + whatever extra money from investment in the future... Easy peasy,  Never worked before, but hey, it will work now. Just keep watching the little shells as we move them around...

So, more top1% and corporate welfare with no real garantee of it will work.
Many companies right now are paying next to no taxes, how the hell will that make a difference.
And what about the fact it would take several decades for this to actually work in a meaningful way (even if those magnanimous companies (sic)) would actually answer those largesses with actual investments while revenues from taxation is down for everyone for all that time.. No answer... Trust us.... Yeahhhhhh

So, Trickle dee, trickle dumb.... Same crap as before.

Nice politically-charged rant, but I didn't see you offer even one solution. I just gave you the 'incentive' as to why companies would come back (while correcting the article's premise). What solution did you provide? ... because I didn't see one. Here's the reality. The tax plan that Donald Trump is putting in place is FAR MORE ADVANTAGEOUS to companies than Bernie's plan, than Hillary's plan, than Jeb's plan, than Cruz's plan. Apple (and every other company that has left) are much more likely to come back under his very forgiving tax plan than ANY of those other candidates'. You can't even argue that. Less taxes = better incentive. You can whine about trickle down, but you can't dispute it.

And if you want to make it political I'll offer a different point of view (disclosure: I'm an undecided Independent). Bernie Sanders (who I like) is raising taxes on the wealthy and corporations. There's more incentive to LEAVE than to COME BACK. Example: Just a few short years ago, France raised taxes on the wealthy in attempt to gather revenue to cover the costs of their social democratic infrastructure. 2 years ago they scrapped it as their wealthy and many corporations ended up leaving for other countries. They were criticized heavily. Right now, France is literally in a state of emergency with a total lack of jobs... partly because companies moved to where taxes weren't so high.

"Same crap as before."

One could write that reply to any one of the posts you barf up.