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PostPosted: Thu Jan 11, 2018 4:55 pm 
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http://ktla.com/2018/01/11/woman-report ... ll-refund/

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PostPosted: Thu Jan 11, 2018 5:03 pm 
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LOL


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PostPosted: Thu Jan 18, 2018 1:34 pm 
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And now Fiat/Chysler are moving Ram production from Mexico back to the US. Looks like President Obama was wrong again, those manufacturing jobs are coming back. And per the WSJ, Apple is about to pay huge taxes to the IRS and bring its foreign money home. In addition, they are going to invest in more capital and jobs for America.

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PostPosted: Thu Jan 18, 2018 2:59 pm 
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Tarryall wrote:
And per the WSJ, Apple is about to pay huge taxes to the IRS and bring its foreign money home. In addition, they are going to invest in more capital and jobs for America.


Apple just announced they will pay 38 billion in taxes... that means they are bringing 250 billion dollars back to America at the new 15.2% tax repatriation rate. This is Massive. And it's only one company. Think of all the Tens of thousands of companies out there!

The new tax law will generate trillions in new cash investment in the USA and hundreds of billions in new tax money for Uncle Sam.

No doubt this will translate into new manufacturing- new product lines and new and higher paying jobs.

No-one really knows how much money this could be... 4- 5- 6- 8- trillion??

As Trump would say...It's HUGE!!

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PostPosted: Thu Jan 18, 2018 3:18 pm 
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And did the CBO even account for this when they said the new budget would add 1.5 trillion dollars of debt over ten years?

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PostPosted: Thu Jan 18, 2018 6:08 pm 
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No, they did not because there was no way to quantify it for sure. The other thing that couldn't be quantified is rising wages due to illegals being stopped from working. That has stagnated wages for 30 years now. Thanks Reagan!

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PostPosted: Fri Jan 19, 2018 11:19 am 
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I'm pretty sure the CBO added up the overseas deferred untaxed earnings, that money is well documented in company reports and tax filings. It was over $2T I think?

The reinvestment part is a big guess though. Dividends, stock buybacks, pay down debt, mergers, expand....

And I don't believe the stagnated wages stats, individual's get raises and promotions. If overall "average wages" are low it is due to more low paying service jobs offsetting retiring high paid baby boomers.


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