Tech firms to bring back $400 billion in 2018...

[MinnesotaFats]

...from overseas holdings due to new tax reforms (CNBC)

This is a huge bump to shareholders and investors overall. Huge bump to suppliers that service these industries and of course their workers!

Never thought I'd see this day!

[A4K]

https://www.cnbc.com/2017/04/26/what-happened-the-last-time-companies-got-a-break-on-overseas-profits.html

Great for us in the markets. Not so great for BIGGER paychecks or growth for the working class.

[MinnesotaFats]

It trickles....eventually. just don't often see uncle Sam rollback the code to allow the river of money to flow into hands of investors.

[A4K]

It trickles....eventually. just don't often see uncle Sam rollback the code to allow the river of money to flow into hands of investors.

You have any statistics to back that claim up? Last repatriation didn't trickle down. Money was used for dividend boosts and buybacks. As someone that makes their living on the markets, I am all for repatriation but it is a myth that it helps anyone in the working class.

[cincinnatikid513]

never known rich people to give away money, unless they can write it off on their taxes

[A4K]

never known rich people to give away money, unless they can write it off on their taxes

People that own/run businesses are going to run as efficiently as possible. It's silly to think that being flush with more cash will automatically lead to expansion or more jobs. If a business projects that expansion will fatten the bottom line then obviously they will hire more but to think they will automatically start spending like drunken sailors is a bit far fetched.

[mngambler]

People that own/run businesses are going to run as efficiently as possible. It's silly to think that being flush with more cash will automatically lead to expansion or more jobs. If a business projects that expansion will fatten the bottom line then obviously they will hire more but to think they will automatically start spending like drunken sailors is a bit far fetched.

This...A4K spot on, just cause the surplus is their doesn't mean shit for the Tom, Dick, and Harry's working the assembly line

[jjgold]

good stuff

Make America Great Again

[MinnesotaFats]

You have any statistics to back that claim up? Last repatriation didn't trickle down. Money was used for dividend boosts and buybacks. As someone that makes their living on the markets, I am all for repatriation but it is a myth that it helps anyone in the working class.

The theory of trickle down is just common sense. When investors spend those dividends or cash derived from buybacks they buy stuff.

Stuff is made on the assembly line. Cars, boats, homes, etc built by blue collar workers.

The opposite being the fact that the investing class doesn't purchase extra stuff when they don't have these windfalls, because the investing class generally doesn't live beyond its means or in debt like the working class.

It trickles...eventually!

[grease lightnin]

It trickles....eventually. just don't often see uncle Sam rollback the code to allow the river of money to flow into hands of investors.

lol


Stock buy backs only trickle down if you own the stock.

[texhooper]

Trickle down these balls

[hostile takeover]

Isn't 400B the amount that barrack hussein obuma gave to the iranians in cash?

Hmmm......

[shady610]

it's hard to ever project an economy because you can't predict human behavior.

that said, I cant see how higher taxes is a positive thing for all players involved. I support competitive tax rates to level the global playing field.

everybody can help in the trickle down. whos to say people don't start businesses with their 401k earnings?

[MinnesotaFats]

it's hard to ever project an economy because you can't predict human behavior.

that said, I cant see how higher taxes is a positive thing for all players involved. I support competitive tax rates to level the global playing field.

everybody can help in the trickle down. whos to say people don't start businesses with their 401k earnings?

There is a specific SBA loan program designed around IRA borrowing.

[TPowell]

The theory of trickle down is just common sense. When investors spend those dividends or cash derived from buybacks they buy stuff.

Stuff is made on the assembly line. Cars, boats, homes, etc built by blue collar workers.

The opposite being the fact that the investing class doesn't purchase extra stuff when they don't have these windfalls, because the investing class generally doesn't live beyond its means or in debt like the working class.

It trickles...eventually!

Just like eventually I'll stop coming to SBR.