Tim Cook says Apple won't repatriate money to US unless Trump Wins!

So you're unaware that in 2 separate years, Trumps tax returns show he paid $ 0 ?
www.politico.com/story/2016/06/donald-trump-no-taxes-224498

 

Say they repatriate the money, what exactly do you think they would do with it? Do you think they are just waiting to hire a gazillion former textile workers in Mississippi or South Carolina? Get real. All they will do is pay dividends, buy back some stock, maybe make an acquisition, pay themselves big bonus's, buy themselves nicer offices and artwork, maybe a better lab or two...my lord, do any of you know how people make decisions at this level?

 

Because he didn't make any money. And don't know what this has to do with your "structure" or situation.

 

I good with that, as long as you raise the investment tax rate on individuals to make up the difference.

 

Why do we need to give m/billionaires another massive tax boondoggle so they can take trillions more income with a super low special 10% tax rate?

Working people pay up to 40% plus FICA.

Why do you need to pamper the rich even more? The richest 1% is now getting 20+% of the nation's income and have about 40% of the nation's wealth, double since the Reagan "trickle down" revolution. The bottom 90%'s share has dropped from about 65% of the nation's income to 50%.

Isn't that enough for you? How much more of the nation's income and wealth do you want the richest to have?

Jeez. It's unbelievable. It's just never enough for them.

 

Better hope you are not audited....

 

Agreed. Subchapter S only eliminates the corporate tax and the owner instead pays at his individual income tax rate

 

You Trumpsters understand that tariffs are taxes right?

You are effectively cheering Trump raising taxes on the majority of Americans and increasing the cost of living in the US for months or years it will require for domestic alternative supply to be built.

How are you guys not neo-mercantilists?

 

It would seem that the rich (or anyone else) should get exactly the amount of income that the nation decides to give them. Or do you think the nation doesn't know what it's doing when it gives people income?

 

That is the issue. Whether the nation should continue pampering m/billionaires with "trickle down" policies at the expense of the middle/lower class workers.



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Good point. Every time there is a discussion about raising the MW conservatives it claims it will hurt middle/lower class people with higher prices.

Can you imagine the effects on prices when Donald starts a trade war with China and other countries we trade with? They will go through the roof.

 

Well ...

Sanders was talking about Hillary Clinton ...

What does Mrs Clinton say to gain $225,000 for a speech????? That Trump is not releasing his tax return?

 

That's a bit outlandish, but anybody who doesn't use the tax code properly is an idiot. In 2008 I was able to use hurricane Ike to claim losses on all my rental properties. Combined with the rest of my deductions, I dropped down a bracket.

CPA's are expensive, but they're usually worth it, and if they screw up the penalty is on them not you.

Generally liberals squawk for higher taxes, but they only want those higher taxes on people who earn more than they do.

 

Lower capital gains are meant to encourage productive investment. A hedge fund is just crunching numbers and moving money around. I like the lower rate on investments that lead to growth(houses, factories, expansions,etc). If you're just doing financial stuff, you're doing a job and should pay income tax rates.

 

It's the m/billionaires who live off investments that really benefit from this special privileged low 20%, and with no FICA tax.

Why earn and produce any pay income taxes up to 40% plus FICA, when you can speculate in stock or real estate markets and pay just 20% without FICA?

Is it any surprise we've seen more inequality since investment taxes were slashed? Is it any surprise we've seen two disastrous investment bubbles since investment taxers were slashed?

 

Well, a famous bank robber was once asked why he robbed banks. He said the obvious "Because that's where the money is". If you used tax breaks to get an advantage then we should concentrate on ridding the code of those breaks or setting a tax floor for each income level. Yes, I am a liberal and yes, I have made a ton of money in my life and yes, I still think big incomes need to be taxed as much as we can get from them.

 

It is if you're a Conservative... Everything is cheating except for losing.

 

And what policies would result in the m/billionaires being given less income?