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Post by tuffett on Nov 13, 2016 17:39:09 GMT -8
I'd be sorry to see you go, Firestorm. We sure have lost a lot of people on AFB 2, some of whom I miss. Anyway, sure hoping there is a permanent corporate tax break, not just repatriation. Lower it to competitive levels and we won't need tariffs. Just need some tax incentives for hiring and incorporating and manufacturing in the US, like every other developed country seems to understand. I mean, if you were starting a corporation and trying to maximize shareholder value, what would you do? Good times ahead! I agree with lowering the rates, but it doesn't automatically make everything better. Look at the countries at the top of the list - not exactly great models to follow. The key is properly utilizing tax revenue, and without getting too political I don't think the USA knows how to do that.
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Post by osx10 on Nov 13, 2016 19:35:37 GMT -8
Do any of you know a free-good website that shows pivots and support/resistance levels for stocks?
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Post by appledoc on Nov 14, 2016 3:08:17 GMT -8
The issue though - correct me if I am wrong - is that the goal is for comprehensive tax reform which would include corporate tax. However, the substance of the bill for all else will take a very long time to draft and negotiate, no? Do we really think this is going to get written, vetted and passed all in 2017? If a tax reform bill isn't bundled with a bunch of other pork, I expect this will be one of the easiest and quickest bills passed in 2017.
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Post by phoebear611 on Nov 14, 2016 3:16:56 GMT -8
The issue though - correct me if I am wrong - is that the goal is for comprehensive tax reform which would include corporate tax. However, the substance of the bill for all else will take a very long time to draft and negotiate, no? Do we really think this is going to get written, vetted and passed all in 2017? If a tax reform bill isn't bundled with a bunch of other pork, I expect this will be one of the easiest and quickest bills passed in 2017. And since there is usually pork - unless it's different this time - I worry we are ahead of ourselves in markets. But hey, I want to be wrong...fingers crossed. Would love to see Apple go on a bit of a buying spree (I know a controversial statement for many) but they mustn't think they know all - perhaps others have some good ideas/companies. To think this way is nothing short of hubris (IMHO).
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