🚀 go-pugleaf

On 8 Feb 2018 14:40:58 GMT, jmfbahciv <See....@aol.com> wrote:

>Dave Garland wrote:
>> 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).
>
>Why do you think that?  Power will eventually shift to the Democrats and
>they will continue gutting the military like they were during the
>Obama admin.  Soc. Sec. is already shifting from providing cash for
>the recipients to withholding for Medicare.
>
>/BAH

I never received a check from Social Security. Medicare Part B and D
are deducted before I get my money. Its direct.