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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Jerome who wrote (856)	3/13/2014 3:06:05 PM
From: robert b furman	2 Recommendations Recommended By Kirk © the traveler Read Replies (3) \| Respond to of 26590

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

To: Jerome who wrote (856)	3/13/2014 3:45:28 PM
From: Kirk ©	1 Recommendation Recommended By PJr Respond to of 26590

Yes, that would ALL be good things with making the corporate income tax rate zero or some very, very low rate Executive compensation would increase dramatically. (gotta put that cash to work, bigger boat, exotic cars etc) GREAT! We tax those "evil bastards" at 39% we hate them so much. This is more than the 35% corporate tax rate. You should be all for it. Here in Taxifornia we add another 12.3% tax on those evil doers... Give them more money hiding in Taiwan buying USTs and we get more taxes!!!! Also, the boat builders and Tesla auto company will be very happy they have extra cash to spend here in the US. Stock dividends would be increased GREAT! California taxpayers are on a HUGE hook to pay for lavish pensions that are not fully funded. CALPers and CALSTRS, the two largest pension funds, own a TON of stock so making the market go up and increasing dividends helps get me and future generations less in debt to State workers. Also, I pay taxes on my stock dividends... I believe the rich pay about 20%... The government will get their share and it will be a LARGER total amount than they are getting now. Share buy backs would increase GREAT Again, CALPers and CALSTRS, the two largest pension funds in California, own a TON of stock so making the market go up gets me and future generations less in debt to State workers. Now that I destroyed all your "negative arguments" I'll give the ONLY positive argument that matters. JOBS! Jobs will come back to the US if cash is spent here. With any luck, all those new jobs will reduce the need for government assistance, pay their fair share of taxes and create even more jobs when they start to spend. So, lets do it!