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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1114033)1/30/2019 2:59:29 AM
From: James Seagrove1 Recommendation

Recommended By
FJB

  Read Replies (2) | Respond to of 1571415
 
Might get? Greta will be awarded the Nobel Prize and start a world-wide movement of terrorized kids who will wear hair-shirts, beat themselves with whips and commit-suicide.

Greta will also generate a lot of cash for sly old-rats that have her in their pocket.

If Greta could only sing.




To: Wharf Rat who wrote (1114033)1/30/2019 6:57:19 AM
From: Taro  Respond to of 1571415
 
Joining the Nobel-Obama club? LOL!



To: Wharf Rat who wrote (1114033)1/30/2019 2:47:29 PM
From: puborectalis  Read Replies (2) | Respond to of 1571415
 
Right before Congress passed the Tax Cuts and Jobs Act in December 2017, President Trump proclaimed:

“It’ll be fantastic for the middle-income people and for jobs, most of all ... I think we could go to 4%, 5% or even 6% [GDP growth], ultimately. We are back. We are really going to start to rock.”

A year later, it’s very clear that the tax cuts boosted gross domestic product and jobs a bit — and just for one year. Its effects are fading as U.S. GDP growth appears likely to weaken in 2019. The only thing that “rocked” were corporate profits and the stock market. And we’re facing trillion-dollar deficits as far as the eye can see.

The Tax Cuts and Jobs Act made small cuts in rates to most individual taxpayers, while cutting the corporate tax rate from 35% to 21%, expanding deductions for “pass-through” companies, and taxing only corporate income earned in the U.S., not worldwide. That theoretically removed a major barrier to U.S.-based multinational corporations repatriating the estimated $2.6 trillion in accumulated earnings they’re holding overseas.