Article View: alt.folklore.computers
Article #620085Re: Important US technology companies sold to foreigners
From: Dave Garland
Date: Wed, 07 Feb 2018 17:37
Date: Wed, 07 Feb 2018 17:37
49 lines
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4648 bytes
On 2/7/2018 9:07 AM, jmfbahciv wrote: > Scott Lurndal wrote: >> 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. > > Shareholders have been experiencing reductions in dividends since the > banking system imploded so they should get some. > > I suspect a lot of CEO's are leery so are waiting to see if Congress takes > it all back which they can with one pen-stroke. > > What I don't know is whether the cash brought in from overseas is subject > to an income tax; I think it is so Congress will be getting windfall > to waste. Yes, but this Congress is already using it to lower personal income taxes for the rich. Unfortunately, it's a one-time gob of money, and the next years they'll either have to raise taxes, or cut stuff like the military and Social Security (and it's not likely to be the military).
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X-Received: by 10.237.62.149 with SMTP id n21mr4877883qtf.61.1518025060250; Wed, 07 Feb 2018 09:37:40 -0800 (PST) X-BeenThere: alt.folklore.computers@googlegroups.com Received: by 10.200.55.204 with SMTP id e12ls1460812qtc.1.gmail; Wed, 07 Feb 2018 09:37:39 -0800 (PST) X-Received: by 10.237.60.14 with SMTP id t14mr4949046qte.19.1518025059488; Wed, 07 Feb 2018 09:37:39 -0800 (PST) Path: mbox-mo1.pugleaf.net!h12ni15qte.0!nntp.google.com!peer02.iad!feed-me.highwinds-media.com!news.highwinds-media.com!feeder.usenetexpress.com!feeder-in1.iad1.usenetexpress.com!news.albasani.net!eternal-september.org!feeder.eternal-september.org!reader02.eternal-september.org!.POSTED!not-for-mail From: Dave Garland <dave.g...@wizinfo.com> Newsgroups: alt.folklore.computers Subject: Re: Important US technology companies sold to foreigners Date: Wed, 7 Feb 2018 11:37:39 -0600 Organization: A noiseless patient Spider Lines: 49 Message-ID: <p5fdh3$gm1$1@dont-email.me> References: <2c5ea5c8-9317-4a35-8775-d736ebbb6327@googlegroups.com> <slrnp7av9o.17o.mausg@smaus.org> <kf9b7dd65gh3hs9ds07t0if18h1vijvac6@4ax.com> <lVZdC.12072$hb4.6021@fx11.iad> <fe03f147-c09d-467f-9ca0-5e8177111ae0@googlegroups.com> <5d5i7d18gdh6arqaj7nqa3n8fr6dpe00ae@4ax.com> <HmieC.4580$fQ7.2402@fx13.iad> <PM0005648C80C45744@aca4146a.ipt.aol.com> <2c5ea5c8-9317-4a35-8775-d736ebbb6327@googlegroups.com> <87607fce56.fsf@usenet.ankman.de> <1058983667.539302959.846760.peter_flass-yahoo.com@news.eternal-september.org> <3j8a7d1ntj2dd2vnl7q9gu4l6ufgm4e78c@4ax.com> <slrnp7av9o.17o.mausg@smaus.org> <kf9b7dd65gh3hs9ds07t0if18h1vijvac6@4ax.com> <lVZdC.12072$hb4.6021@fx11.iad> <fe03f147-c09d-467f-9ca0-5e8177111ae0@googlegroups.com> <5d5i7d18gdh6arqaj7nqa3n8fr6dpe00ae@4ax.com> <HmieC.4580$fQ7.2402@fx13.iad> <PM0005648C80C45744@aca4146a.ipt.aol.com> <bCkeC.4959$yv1.4140@fx07.iad> <PM000564A0E83D69D6@aca408ef.ipt.aol.com> Mime-Version: 1.0 Injection-Date: Wed, 7 Feb 2018 17:37:39 -0000 (UTC) Injection-Info: reader02.eternal-september.org; posting-host="84651ca08fc22dc2e4d374d1555f25a9"; logging-data="17089"; mail-complaints-to="ab...@eternal-september.org"; posting-account="U2FsdGVkX18mz4Naf5bfKEdmKySD15ajn2e/UuKtLgc=" User-Agent: Mozilla/5.0 (Windows NT 10.0; WOW64; rv:52.0) Gecko/20100101 Thunderbird/52.6.0 In-Reply-To: <PM000564A0E83D69D6@aca408ef.ipt.aol.com> Cancel-Lock: sha1:2HSdVEoE4Qdgl9U38D7SK9Covlo= X-Clacks-Overhead: GNU Terry Pratchett X-Received-Bytes: 4183 X-Received-Body-CRC: 1066328142 Content-Type: text/plain; charset=UTF-8 Content-Transfer-Encoding: 7bit