🚀 go-pugleaf

Peter Flass 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.

When I went on disability, I had the choice of check vs. direct deposit.

I wonder when they forced people who are set in their ways to go to
direct deposit.  I don't think attrition would eliminate everyone by now.
I suppose most of those really old people are in elderly care homes
which would force them to transfer their deposits to those institutions.


/BAH