Trump Could Bring Home $2.6 Trillion in Offshore Profits

Lifezette ^ | 27 Dec 2016 | 27 Dec 2016

[Wolfie]

Amwn. Trump was elected by working class people who have waited their whole lives for the trickle down to start trickling. And they’re still waiting.

[central_va]

Joe you ask a good question: What will they do with the money?

Let's say a US company that used to manufacture in the USA and off shored gets incentivized to "repatriate" profits. Well if all of their production facilities are overseas then just how do they reinvest in the USA? The answer is THEY CAN'T.

Maybe new carpet and chairs for the corporate office but that is about it. All of that money will be pumped into the stock market and real estate.

[Regulator]

Oh Don’t be angry bertie.

I’ve done REALLY well.

But I want more, you know!?

It’s the Republican way. “Free soil, Free Labor”.

Y’all in the South never quite got that.

Jammin’ the Wall Street crooks for extra cash is what we’re supposed to do.

Don’t worry, they won’t think less of you for it. They’d do it to you.

[Beagle8U]

Pension plans should be limited to 401k with a generous company match. They should also fully vested after one year of service.

Defined benefit pension plans are stupid because the money winds up invested in the stock market anyway. Employees are better off with a 401k they can control.

[Regulator]

As Populists Won 2016 Ballots, World’s Richest Made $237 Billion

It's Bloomberg of course but uh...happens to be true.

Lemme know when the options start flowing down to the Little People.

The trickle will be next to unobservable, unless you count Mexican construction workers in Aspen slaving over Warren's next Fabulous Mansion for one of his mistresses.

Maybe she'll get a jet for Valentine's day.

Trickle Down at work.

[katana]

Some people don't understand that taxing a corporation is a double taxation of money that's already been taxed. And the expense is simply added to the price of every product and service the company provides.

Your fourth sentence ... NOYFB ... is a phrase that should effortlessly roll off the lips of every American whenever a Liberal has the audacity to question them about anything. Accompanied with a hard stare and slow hand move to the spot where they've concealed whatever they brought along to enforce their rights.

[Regulator]

I have all of that.

A defined plan, a 401K and after tax investments.

It ain’t what it used to be. And if you think any company is planning to a) vest after 1 year or b) have a generous match, you’re smokin wacky terbacky.

They will do ONLY what they think the competition is doing.

And they collude on that: you think they don’t all talk?

A famous employment case involving Apple was about Steven Jobs conspiring to prevent competitors from offering his best Engineers more money to leave.

So much for free markets in labor.

Not one of these SOB’s believes any of that crap. To them, it’s “what can I get away with”.

Been there, seen that.

[Mr. Jeeves]

After the one-time tax, the country would move to a “territorial” tax system, meaning only profits earned inside the country would be taxed. Ideally, this would do away with a disincentive for companies to reinvest inside the United States.

"Yes, but we Democrats need to punish businesses for daring to make money, don't you understand? Punish those racist, sexist, homophobic, transphobic white men for daring to make money even though they are eeeeevil! The corporate tax must be raised...to 50%, 60%, even 70% until those bastards learn their lesson - that we run things around here!!!" < /union-democrat-cbc-communist attitude >

[Zenjitsuman]

I am hoping that 20 percent of shares will be repurchased so that dividend payouts will allow for dividend growth per share going forward, and share price expansion will boost my retirement portfolio.

Not all the money will go to shareholders, companies will pay off debt rather than refy at higher interest rates.

Companies with lower debt will be able to expand their busineses, hire peole.

[i_robot73]

>
I suspect some will come back, but; until we tighten our belts and pay down that 20 trillion debt-the fear of a bankrupt US where the bank keeps your paper money is still present.
>

20T is but the tip of the iceberg. I’d suggest not doing any ‘paying down’ until the 120T+ in unfunded liabilities is handled (I’d prefer wiping out the programs and shutting off the spigot...they are illegal/unconst.).

Plus, NOBODY is coming ‘back home’ until the govt is put back on the collar-n-chain. Why would anyone expend $$$ on a hope\prayer nothing reverts to status quo?

[i_robot73]

>
It is high time, for America to begin investing in America once again.

We have sent far, far too much American businesses elsewhere.

For over one entire generation. Both sides. Everyone, has been selling out America.
>

Why would *anyone* ‘invest’ in America (again), when the status quo hasn’t changed?

Did something change in D.C. (aside from Trump; whom I’m HOPING does the unthinkable, but not placing any bets)? Any State come ‘back into the fold’??

It wasn’t mom & pop that caused the flight. It was/is the highest tax rate in the world coupled with the regulatory burden of swarms of un-elected bureaucrats.

When/if *that* changes, and for GOOD, then you may see a return. No biz is going to take a chance of a reversal, after spending $$...No matter the ‘talks’ w/ Carrier/etc. (call ‘em a fluke).

[central_va]

Big Cap manufacturing went of shore because of taxes, regulations and cheap third world labor. The last item far overshadowing the other two.

There is a Libertarian misconception that there is some kind of Constitutional right to free trade with other nations. That is preposterous and the opposite is true.

[Go Gordon]

Why bring them back and pay a 10% tax when they can leave the money offshore and pay nothing?

Because where it currently resides (pick a country, France, Germany, Mexico? Anywhere in Africa? South America? Central America) the prospects of getting a return on that money is slim to none, and slim is coming back to the USA. If they did invest it, or reinvest it abroad, they are more likely to lose money than they are to make money.

On the other hand, the predicted future for companies' growth under the new MAGA administration is tremendous. They would get that 10% back many times over in a very short period of time. And for those companies abroad that have been importing back into the USA tariff-free, they face the prospect of having an average of a 35% tariff placed on their products sold here. Not so if/when they re-import their profits and operations back to the USA.

[Go Gordon]

Lemme know when the average corporation starts offering pension plans again that used to be common.

Pensions are archaic and unfair to the families of the employees. 401(k) accounts, administered in the same light as pensions were (funded by both employer and employee) benefit the employees and their families more than pensions.

Think of how many people die before they reach retirement age. The 401(k) balances go to the heirs of the deceased. Pensions and social security, not so much.

[TomGuy]

Look at it this way. Your employer pays you. Then you pay other people—the mortgage company, the grocery store, your wife’s hair stylist and on it goes.

Then they turn around and pay people. It just keeps flowing to the benefit of many.

Every $1 dollar of wages earned puts about $8 dollars back into the economy. Each of those puts a similar amount back into the economy.

[Liz]

Nice summation of capitalism.....each dollar in creates several different
economies on the way out. I'm thinking of the vintage kid's toy....spinning
tops that spin faster and faster the more you pump them from the top.

[Liz]

.....Democrats need to punish all those evil racist, sexist, homophobic,
transphobic white men in business that dare to make money......

Your observations perfectly describe the mindset of the "community organizer" Obama....lying in wait like a feral animal to vent his long-simmering animus against successful white America.

All of his presidential actions and words serve to reinforce his hatred of America and Americans.

Dumbocrats---perfectly personified by Obama----are nothing more than takers. They give NOTHING to society. They detract from society and leave it poorer in spirit and wealth.

[chasio649]

KEEP it classy Bertie

[Lumper20]

Yes,all welfare programs/handouts must be DONE AWAY WITH. First, we 86 every damn Muslim in the USA. Next make sanctuary cities illegal. get rid of ZEROCARE. Get rid of all illegals regardless of where they are from. Get rid of law that a kid born here is a citizen. Make it a requirement that one parent must be a citizen. No free healthcare to anyone. Cut out the AFGE. No unions in our Gov. Add TSA etc. Keep going and impose term limits.

[ASA Vet]

a phrase that should effortlessly roll off the lips of every American

But not in polite society and a family friendly website.