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Article #620069

Re: Important US technology companies sold to foreigners (was: Xerox company sold)

#620069
From: Scott Lurndal
Date: Tue, 06 Feb 2018 16:21
31 lines
3026 bytes
jmfbahciv <See....@aol.com> writes:
>Scott Lurndal wrote:
>> J. Clarke <jclarke...@gmail.com> writes:
>>>On Mon, 5 Feb 2018 13:37:35 -0800 (PST), hanc...@bbs.cpcn.com wrote:
>>>
>>>>On Monday, February 5, 2018 at 9:31:46 AM UTC-5, Scott Lurndal wrote:
>>>>
>>>>> >"Reverse inversion".  What's "spurious" about it?  US corporate taxes
>>>>> >were ludicrously high
>>>>>
>>>>> Nonsense.   US Companies were rolling in dough before the
>>>>> manifestly foolish tax plan was passed, which will never
>>>>> be paid for in our children's lifetime.
>>>>
>>>>+1
>>>
>>>Spoken like true knee-jerk liberals.
>>
>> Wow, you can't support your statement so you devolve to namecalling.
>
>A lot of that money was just sitting overseas collecting dust and interest.
>Now some companies are moving it back to the States using it for
>infrastructure and distributions to employees (which is taxed as income--
>so part of it is ending up in the Federal coffers).

Cite?

Many (Most?) CEO's have indicated they'll return the cash to shareholders rather
than invest in plant or people.   There obviously will be exceptions by
either altrusistic CEOS (one in 10000) or those currying favor from the
idiot-in-chief.
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References: <2c5ea5c8-9317-4a35-8775-d736ebbb6327@googlegroups.com> <87607fce56.fsf@usenet.ankman.de> <1058983667.539302959.846760.peter_flass-yahoo.com@news.eternal-september.org> <3j8a7d1ntj2dd2vnl7q9gu4l6ufgm4e78c@4ax.com> <slrnp7av9o.17o.mausg@smaus.org> <kf9b7dd65gh3hs9ds07t0if18h1vijvac6@4ax.com> <lVZdC.12072$hb4.6021@fx11.iad> <fe03f147-c09d-467f-9ca0-5e8177111ae0@googlegroups.com> <5d5i7d18gdh6arqaj7nqa3n8fr6dpe00ae@4ax.com> <HmieC.4580$fQ7.2402@fx13.iad> <PM0005648C80C45744@aca4146a.ipt.aol.com>

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Subject: Re: Important US technology companies sold to foreigners (was: Xerox company sold)
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References: <2c5ea5c8-9317-4a35-8775-d736ebbb6327@googlegroups.com> <87607fce56.fsf@usenet.ankman.de> <1058983667.539302959.846760.peter_flass-yahoo.com@news.eternal-september.org> <3j8a7d1ntj2dd2vnl7q9gu4l6ufgm4e78c@4ax.com> <slrnp7av9o.17o.mausg@smaus.org> <kf9b7dd65gh3hs9ds07t0if18h1vijvac6@4ax.com> <lVZdC.12072$hb4.6021@fx11.iad> <fe03f147-c09d-467f-9ca0-5e8177111ae0@googlegroups.com> <5d5i7d18gdh6arqaj7nqa3n8fr6dpe00ae@4ax.com> <HmieC.4580$fQ7.2402@fx13.iad> <PM0005648C80C45744@aca4146a.ipt.aol.com>
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