Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 185.83

+5.8%

Dec 19 9:30 AM EST

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To: robert b furman who wrote (2970)	4/14/2015 8:09:10 PM
From: Kirk ©	Read Replies (1) of 26800

Thanks What I liked was the new chart from the treasury showing where the tax receipts came from. Corp taxes were $30B. Today I read Intel has $10B overseas. If they were allowed to bring it back to the US and pay it out to the CEO as a bonus, he'd be taxed at 39.6% so about $4B of it would go to taxes, a fairly significant drop in the bucket... Maybe make the corp tax 10% and they get another $1B.... We must have idiots in government to not do something about making our country more competitive for capital. Currently they are better off using the money overseas to hire workers there THEN import the finished goods to sell to the wealthy who didn't lose jobs shipped overseas.

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