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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (404434)	1/15/2011 10:44:45 AM
From: LindyBill	7 Recommendations Read Replies (2) \| Respond to of 793955

disconcerting. It's an international world. The more we try to social engineer it, the more we screw it up. You want to see an end to our depression and a growth rate of 5% or better? End the Corporate Income Tax. Let our Corporations bring home all the money they want. Get rid of the top 100 regulations that our Corporations dislike. End the minimum wage. Pass a "right to work" law. Then watch the businessmen of the world say, "Oh boy, oh boy, I can really make a buck in the USA! BUT NOOOOOH!

To: unclewest who wrote (404434)	1/15/2011 2:47:20 PM
From: skinowski	Respond to of 793955

"Oft quoted is that half of S&P 500 companies’ revenues are from beyond America’s shores. But a closer look at the government’s national and international accounts tells a less heartening story in aggregate. For a start, the proportion of after-tax profits earned by US companies abroad has been falling since the end of 2008. Today, it makes up less than a tenth of total profits." Foreign profits decreased from about 50% down to less than 10%? That's scary. And yet, supposedly, the SP500 earnings are doing very well. I wonder where do those earnings come from. Maybe the stimulus....

To: unclewest who wrote (404434)	1/16/2011 1:52:24 AM
From: Elroy	1 Recommendation Respond to of 793955

the proportion of after-tax profits earned by US companies abroad has been falling since the end of 2008. Today, it makes up less than a tenth of total profits. It's hard to interpret this without their explanation of how after tax profits are allocated by geography. I think it's better (and easier) to look at revenues. Many large S&P corporations have ~50% (or more) of their sales overseas. It's hard to believe that IBM's sales overseas are significantly less profiable than IBM's domestic sales. From unband on the run Elroy