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

To: Jerome who wrote (1158)	5/4/2014 3:21:22 PM
From: Gottfried	Read Replies (2) \| Respond to of 26764

Jerome, you're right - it is wishful thinking. Much better for all to use some of that hoarded cash to raise wages and thereby put it in circulation.

To: Jerome who wrote (1158)	5/5/2014 10:16:41 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26764

I only see this as more reasons to lower the corporate tax rate, ideally to zero, but at least much lower than competitive economies to bring the jobs back. Corporate tax reform is highly unlikely. Too many lobbyist's on both sides the tax change idea to make any change possible. A Corp tax rate of zero would put the lobbyists out of business. This would be GOOD for the economy as they would have to put their brains to something more productive for humanity. Currently they are bidding for leech placement on the taxpayer host. The companies I own have tons of cash on hand....they do not need more cash.....what they need is ideas of where to expand, who to buy out, and some solid ideas for research into future projects. Lack of future vision is hurting companies a lot more than lack of cash. I think they are all deathly afraid of another bear market / recession just like individual investors who are also hoarding cash. The benefit of a low tax rate so they bring it back to the US is they could use it to buy back stock, pay higher wages to retain top workers or give it back as dividends. All but higher CEO pay put more dollars into the economy.