ST Alpha - "How is tax reform/simplification (i.e cuts with lower revenues as projected by everybody with a reasonable calculation) going to fund infrastructure? -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 161

In response to "FWIW: I heard 2 US Reps give a short presentation on infrastructure this morning" by Strongbad

How is tax reform/simplification (i.e cuts with lower revenues as projected by everybody with a reasonable calculation) going to fund infrastructure? -- nm

Posted by pmb (aka pmb) Oct 20 '17, 10:52

(No message)

Responses:

The last I heard is that the forced repatriation of offshore earnings would be earmarked for transportation projects. - spamlet Oct 20, 10:57 10
- I'm not 100% certain of the line between forced repatriation of offshore earnings and a tariff. -- nm - crash davis Oct 20, 10:58 4
  - I will try to explain. -- (edited) - spamlet Oct 20, 11:13 3
    - okay, but I'm just wondering what is to stop a company from moving their nominal HQ offshore? -- nm - crash davis Oct 20, 11:21 2
      - A crapton of rules about it. - spamlet Oct 20, 11:32 1
        
        thank you -- nm - crash davis Oct 20, 11:33
- [deleted] 4
  - Yes. We'll get territorial going forward but all prior earnings will be deemed repatriated under Subpart F. - spamlet Oct 20, 11:03
  - Is that the same thing as redistribution of wealth? -- nm - Max Oct 20, 11:02
  - Right? I had not heard anything about 'forced'. I heard something about a tax holiday to on-shore, but sounded optional -- nm - ty97 Oct 20, 10:58 1
    - [deleted]
My understanding of their line of reasoning - Strongbad Oct 20, 10:56 3
- Cargo cult conservatism. -- nm - Reagen Oct 20, 11:03
- [deleted]
- this offshore money thing seems to me to be just a unicorn search -- nm - crash davis Oct 20, 10:57
cause reasons! -- nm - Beaker Oct 20, 10:54 1
- ~just give me a reason~ -- nm - Strongbad Oct 20, 10:56

Post a message top

Replies are disabled on threads older than 7 days.