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Non-Tech : Kirk's Market Thoughts
COHR 139.51+2.9%Nov 21 9:30 AM EST
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To: Jerome who wrote (856)3/13/2014 3:06:05 PM
From: robert b furman2 Recommendations

Recommended By
Kirk ©
the traveler

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I think the brilliant idea is to realize that the US corporate tax rates must be viewed as competitive or offshore stashes and corporate expansion programs will be predominantly off shore.

A tax holiday was effective before - it should once again be utilized.

I remember when George Bush was standing next to Allan Greenspan, as he declared that all bond debt would be eliminated if the capital gains locked up in Wallstreet would be free to be reallocated after a reduction in the capital gains tax was allowed.

George got his tax reduction to 15 % and then the market collapsed - the Dems always want at least 20% to soak those with wall street gains.

The envy of wealth created is to be expected.

Thus the attitude "you didn't do that all on yourself" view point.

Part of an entrepeneur's wealth creation is due back to the society that allowed it in the first place.

A fair enough view - the rub comes in determining the actual percentage.

That also supports Csco's view that if 50 % of the revenue was overseas, then those gains should stay over there - fair enough also.

Bottom line is capital goes to where it is treated best.

The USA needs to better treat capital vs the wealth mongering and redistribution that is at the highest level I've ever seen before.

Bob
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