Ivy and Patriot League cancel Fall 2020

[Unregistered]

The corporate tax is a scam that politicians are able to perpetrate only because 99.9% of Americans fail to understand simple principles of economics. The tax can be paid only by one or more of the following: (1) shareholders in the form of lower profits, (2) employees in the form of lower wagers; and/or (3) customers in the form of higher prices. The only point of the corporate tax is to disguise who actually pays it in what amounts. But that comes at a high cost by distorting economic incentives (forcing companies to allocate capital in a way that is best for tax purposes but not for productivity purposes) and wasting lots of money on compliance (and avoidance/minimization). No sane economic system would have corporate taxes. Decide who you want to pay the taxes and allocate it directly to those people. Would be far less costly and far more efficient. Unfortunately, the masses would not understand that.

The entire point of reducing the corporate tax rate was to make it more attractive for US companies to re-patriate money they were otherwise keeping off-shore in other countries like Ireland. Prior to the tax reform, the US had one of the most unattractive corporate income tax rates in the world (https://taxfoundation.org/corporate-...he-world-2017/). In order to make the US more attractive for our largest US corporations to re-patriate money and invest it in our country, this had to change.

[Unregistered]

MConnell's final act of azz kissing is out - the Senate's new relief package will include payroll taxes (which do nothing for the millions not on a payroll, as well as make sure Social Security goes broke faster) and will tie school funding to reopening. While many parents want their kids back in school, they want it to be done safely and do not want them used as human shields if conditions don't warrant reopening.

Net /net don't phuk with soccer moms and the AARP crowds.

[Unregistered]

The entire point of reducing the corporate tax rate was to make it more attractive for US companies to re-patriate money they were otherwise keeping off-shore in other countries like Ireland. Prior to the tax reform, the US had one of the most unattractive corporate income tax rates in the world (https://taxfoundation.org/corporate-...he-world-2017/). In order to make the US more attractive for our largest US corporations to re-patriate money and invest it in our country, this had to change.

True, but all it did was boost corporate earnings and stock prices. It didn't "trickle down" to employee pay or investment.

[Unregistered]

True, but all it did was boost corporate earnings and stock prices. It didn't "trickle down" to employee pay or investment.

That isn't true. Not only did the unemployment rate go down, salaries increased.

[Unregistered]

That isn't true. Not only did the unemployment rate go down, salaries increased.

Salaries barely went up and much of it was in dem states that passed minimum wage increases. Nationally it was barely above inflation. That's not getting ahead, that's barely treading water.

[Unregistered]

Salaries barely went up and much of it was in dem states that passed minimum wage increases. Nationally it was barely above inflation. That's not getting ahead, that's barely treading water.

Above inflation + more jobs = win

Especially considering the much higher number of manufacturing jobs.

[Unregistered]

True, but all it did was boost corporate earnings and stock prices. It didn't "trickle down" to employee pay or investment.

Corporate strategy does not change overnight. The corporate tax reform made it possible to re-patriate money for overseas, but what a large corporation does with that money needs to be based on a plan that usually laid out a year in advance. It's not like they can just say "oh, we just brought $50B back from Ireland, lets raise wages across the board 10% and build new manufacturing plants in Arizona and Ohio". There needs to be strategy and transition and all the stuff that goes into building business with intelligence rather than knee-jerk reaction.

[Unregistered]

Can you *******s go somewhere else and talk politics. It is a fn soccer forum you dick lickers. Except JOJO she licks vaggy

[Unregistered]

Sunyac starts Jan 1