US politics general thread

[Cray]

https://www.investopedia.com/ask/answers/042015/why-would-company-buyback-its-own-shares.asp

.

Not answering the question....

 

[Cray]

Regaining equity when you have disposable income is still a good thing to do though. I don't se any wrong with it.

It can be a good thing, if the company has no viable way to meaningfully use that extra cash then it would be a good thing for investors. However the WH told everyone that all the extra cash would be put to good use which would lead to more jobs and more prosperity - paying out money to investors who could then go and put their money in Australian wallaby futures is hardly going to benefit the average US worker.

 

[Pitbull]

It can be a good thing, if the company has no viable way to meaningfully use that extra cash then it would be a good thing for investors. However the WH told everyone that all the extra cash would be put to good use which would lead to more jobs and more prosperity - paying out money to investors who could then go and put their money in Australian wallaby futures is hardly going to benefit the average US worker.

Which I'm sure will do in a longer time span. It's way too soon to be judging these tax breaks now don't you think. My priority as a company owner would be getting back as much of my business as I can since I have extra money. Once I have recuperated the majority if not all of my company I can invest that extra money in expansions and such.

 

[rietrot]

Trump asks supporters, ‘What other country has judges?’





The Republican choice for President of the United States.

Trump teaching them simple business stuff. They want more judges, count how many you do have, their work volume and motivate it. I can understand how some politicians and maybe some libtards can find this confusing.

 

[RanzB]

Trump teaching them simple business stuff. They want more judges, count how many you do have, their work volume and motivate it. I can understand how some politicians and maybe some libtards can find this confusing.

:crylaugh:

 

[Unhappy438]

Ftfy. For some reason I think the WH knew that workers wouldn't see much of the tax cut as an increase in wages. Just call me cynical.

You're probably correct.

 

[cerebus]

Which I'm sure will do in a longer time span. It's way too soon to be judging these tax breaks now don't you think. My priority as a company owner would be getting back as much of my business as I can since I have extra money. Once I have recuperated the majority if not all of my company I can invest that extra money in expansions and such.

it may be what you as a business owner would want to see - and I'm sure all business owners would also love a tax cut so they could recuperate their money, and then down the line invest in expansions and so on. But it wasn't what it was sold on. There was a strong promise that it would have a direct benefit to the workers:

“Tax reform is working,” Republican House Speaker Paul Ryan said in January, mentioning Apple’s decision to reward a bonus of $2,500 in stock grants to some Apple employees. “Workers are coming home and telling their families they got a bonus, or they got a raise or they got better benefits.”

The people who voted Trump into power did not ask for business tax cuts. They wanted job creation and wage increases, or increased investment in infrastructure and services which are starved of funding. If you cut taxes from businesses, that means less tax revenue for funding public healthcare, schools and so on - and a negligible improvement for workers, since the tax cut profits went straight into stock buybacks which only directly benefited stakeholders and investors.

 

[crackersa]

For two days now you have failed to acknowledge that customers have a choice to shop wherever the Hell they want. Free of coercion no less... Until you can wrap your head around that, there is *no* discussion to be had.

Well, there’s one group of customers that don’t get to choose. It’s US military. If a business is listed on a base / fort as not military friendly, then the service members are forbidden from going to the business. Granted that’s the military and not the business doing.

 

[Pitbull]

it may be what you as a business owner would want to see - and I'm sure all business owners would also love a tax cut so they could recuperate their money, and then down the line invest in expansions and so on. But it wasn't what it was sold on. There was a strong promise that it would have a direct benefit to the workers:



The people who voted Trump into power did not ask for business tax cuts. They wanted job creation and wage increases, or increased investment in infrastructure and services which are starved of funding. If you cut taxes from businesses, that means less tax revenue for funding public healthcare, schools and so on - and a negligible improvement for workers, since the tax cut profits went straight into stock buybacks which only directly benefited stakeholders and investors.

Which is exactly what will happen with prolonged tax cuts as your rightfully said here:

and then down the line invest in expansions and so on.

Give it time, judge the policy after Trump has served his term?

 

[greg0205]

Well, there’s one group of customers that don’t get to choose. It’s US military. If a business is listed on a base / fort as not military friendly, then the service members are forbidden from going to the business. Granted that’s the military and not the business doing.

konfab’s going to use this post, relating to 2M servicemen and reserves, in a country with a population of 325M and a world with a population of 7,6Bn as a global exemplar for his batshi**ery.... Military law and reality be damned.

 

[cerebus]

Which is exactly what will happen with prolonged tax cuts as your rightfully said here:

Give it time, judge the policy after Trump has served his term?

Really? You're the one bragging about how well the economy is doing after less than a year of Trump being in office, but you want to wait out and see whether the scenario predicted by pretty much every economist won't happen because of Trump's magical powers?

 

[Unhappy438]

Give it time, judge the policy after Trump has served his term?

Why should we, its been tried numerous times and never worked as intended. There have been numerous studies done on trickle down economics.

https://www.nytimes.com/2007/04/12/business/12scene.html
https://www.theguardian.com/business/2012/jul/21/offshore-wealth-global-economy-tax-havens
http://www.levyinstitute.org/pubs/pn_15_4.pdf

 

[Pitbull]

Really? You're the one bragging about how well the economy is doing after less than a year of Trump being in office, but you want to wait out and see whether the scenario predicted by pretty much every economist won't happen because of Trump's magical powers?

A Company doing well and tax breaks not filtering down to the workers is now the same thing?

Ok...

 

[Pitbull]

Why should we, its been tried numerous times and never worked as intended. There have been numerous studies done on trickle down economics.

https://www.nytimes.com/2007/04/12/business/12scene.html
https://www.theguardian.com/business/2012/jul/21/offshore-wealth-global-economy-tax-havens
http://www.levyinstitute.org/pubs/pn_15_4.pdf

You don't have to, I mean makes no difference to me, the US or the people of the US. Just saying you're jumping the gun a bit. But that's my opinion.

 

[RanzB]

Really? You're the one bragging about how well the economy is doing after less than a year of Trump being in office, but you want to wait out and see whether the scenario predicted by pretty much every economist won't happen because of Trump's magical powers?

They'll wait until a Democrat is in office then blame them. It's the tried and true Republican way.

 

[Unhappy438]

You don't have to, I mean makes no difference to me, the US or the people of the US. Just saying you're jumping the gun a bit. But that's my opinion.

Yet i just showed you why we arent jumping the gun, this exact economic method has been tried since the late 1800s and it hasnt worked but you still want to tell us to wait a bit longer.

 

[RanzB]

Yet i just showed you why we arent jumping the gun, this exact economic method has been tried since the late 1800s and it hasnt worked but you still want to tell us to wait a bit longer.

Trickle down will work this time, promise!

 

[Pitbull]

Yet i just showed you why we arent jumping the gun, this exact economic method has been tried since the late 1800s and it hasnt worked but you still want to tell us to wait a bit longer.

Like I said, you don't have to wait longer. But I'm pretty confident it will have the correct results given time. Quoting dated attempts is just that... dated.

 

[NarrowBandFtw]

Trickle down will work this time, promise!

Million times better, even when it fails, than "real socialism just hasn't been tried yet".

 

[rietrot]

Why should we, its been tried numerous times and never worked as intended. There have been numerous studies done on trickle down economics.

https://www.nytimes.com/2007/04/12/business/12scene.html
https://www.theguardian.com/business/2012/jul/21/offshore-wealth-global-economy-tax-havens
http://www.levyinstitute.org/pubs/pn_15_4.pdf

Jeez. This is a joke, right?

That first link saying we should base tax policy on the logic of a bank robber. Robben Hood economics don't work. The bank will get better security and send it's money offshore, business will dry up and the poor will be poorer. Money needs to circulate, that means the taxman can't take half each time money changes hands.