ST Alpha - "No, it's overseas. They'll pay 35% in tax if they bring it back. -- nm" (Reading a Post)

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In response to "(And that cash is probably not even here, is it.) -- nm" by JaxSean

No, it's overseas. They'll pay 35% in tax if they bring it back. -- nm

Posted by spamlet Nov 19 '14, 07:23

(No message)

Responses:

[deleted] 20
- why won't they? -- nm - groiny Nov 19, 07:38 19
  - [deleted]
  - [deleted] 17
    - It's not about effective tax rate, it's about marginal rate. - spamlet Nov 19, 08:01 16
      - [deleted] 10
        
        There has been one repatriation holiday and companies did bring back a lot of money when the rate was 5% instead of 35%. -- nm - spamlet Nov 19, 08:11 9
        
        [deleted] 8
        
        Understood, but there was more tax revenue. That has value on its own. -- nm - pmb Nov 19, 08:17 5
        
        [deleted] 4
        
        I was mostly explaining yesterday, but as always I do care about fairness, but also practicality and effectiveness. - pmb Nov 19, 08:29 2
        
        [deleted] 1
        
        First, I understand that it's not 35% of nothing (but in many cases it is or is close). My point is that if we can effectively get more revenue for a - pmb Nov 19, 08:48
        
        a pragmatic " better than nothing ". -- nm - Reagen Nov 19, 08:27
        
        The argument in your IM was that companies would not bring money back when the rate was lowered. They did and would. -- (link) - spamlet Nov 19, 08:16 1
        
        [deleted]
      - [deleted] 4
        
        But they would pay 50% (in your example) on bringing the cash back. That's the effective tax rate on bringing the money back. -- nm - spamlet Nov 19, 08:10 3
        
        [deleted] 2
        
        $50 in tax on $100 in income is a 50% rate. -- nm - spamlet Nov 19, 08:15 1
        
        [deleted]

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