🚀 go-pugleaf

On Fri, 9 Feb 2018 16:43:40 -0700, Peter Flass <peter...@yahoo.com>
wrote:

>JimP <solo...@gmail.com> wrote:
>> 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.
>> 
>
>I don't think they have mailed checks for quite a while. If you don't have
>a bank account you get a no-cost one for direct deposit and use the debit
>card to buy stuff.

Thats what I said.