Trump Tax Plan Worries Europe

[longknife]

Oh golly, isn’t that too bad. If the USA grows stronger, it means we won’t need Europe – or anyone else for that matter. And that will make them weaker. Oh boo hoo.

The whining can be read @ U.S. Economy: Trump Tax Plan Worries Europe - SPIEGEL ONLINE - International

 

[saveliberty]

Of course they are worried, they may have to cut tax rates too.

 

[depotoo]

And some money may be repatriated here away from some of those areas.

US companies are hoarding $2.5 trillion in cash overseas

If that doesn’t speak volumes, I don’t know what does.

 

[shockedcanadian]

His America First agenda pushes businesses to decide if they want to stay in Europe and lacklustre growth and miss the boat on U.S growth, or come back to America where the economy is booming and compete for marketshare.

 

[AntonToo]

Of course they are worried, they may have to cut tax rates too.

Umm yea so what the hell are we doing this giveaway to corporations for? They'll just use it to leverage a lower rate where they are.

 

[longknife]

I just read where an American company is going to open a $1billion plant in northern Mexico. Shoulda paid more attention.

 

[Bootney Lee Farnsworth]

As a general rule recently, if Europeans are bitching about it, it's probably a good move.

 

[Bootney Lee Farnsworth]

Umm yea so what the hell are we doing this giveaway to corporations for? They'll just use it to leverage a lower rate where they are.

Well, good. Europe can try to survive without the extra tax money. Either way, fuck them. We win.

 

[jc456]

Oh golly, isn’t that too bad. If the USA grows stronger, it means we won’t need Europe – or anyone else for that matter. And that will make them weaker. Oh boo hoo.

The whining can be read @ U.S. Economy: Trump Tax Plan Worries Europe - SPIEGEL ONLINE - International

I thought they told us to fk off for voting in Trump? we were no longer the leader. what the fk?

 

[AntonToo]

Umm yea so what the hell are we doing this giveaway to corporations for? They'll just use it to leverage a lower rate where they are.

Well, good. Europe can try to survive without the extra tax money. Either way, fuck them. We win.

No silly, WE do not win, corporations win by getting more free rides at someone else's expense.

 

[whitehall]

Too bad congressman Barney Frank didn't worry Europe after he became the chairperson of the House Banking Committee just before Fannie Mae went under bringing the global economy down with it. It was a great October surprise though.

 

[SassyIrishLass]

Europe should be worrying about their immigrant issues

 

[BluesLegend]

Europe has been worried since Trump announced America First.

 

[BluesLegend]

Too bad congressman Barney Frank didn't worry Europe after he became the chairperson of the House Banking Committee just before Fannie Mae went under bringing the global economy down with it. It was a great October surprise though.

I remember the video tape of Frank arguing nothing was wrong at Fannie and Freddie, of course a Dem was in charge of them.

 

[depotoo]

Do you consider it a giveaway when the govt reduces taxes on the money you earned?

Of course they are worried, they may have to cut tax rates too.

Umm yea so what the hell are we doing this giveaway to corporations for? They'll just use it to leverage a lower rate where they are.

 

[Bootney Lee Farnsworth]

No silly, WE do not win, corporations win by getting more free rides at someone else's expense.

But not OUR expense, right?

And you act like corporate earnings belong to the government.

 

[John Shaw]

Only thing is, American corporations are already only paying around 20% because of special interest deductions and tax loopholes.

The 35 Percent Corporate Tax Myth

Is this tax plan going to close those loopholes? Given the hasty manner in which it was created, probably not. Which means corporations will actually be paying closer to 0%.

So ... that's fair, right?

 

[Bootney Lee Farnsworth]

Only thing is, American corporations are already only paying around 20% because of special interest deductions and tax loopholes.

The 35 Percent Corporate Tax Myth

Is this tax plan going to close those loopholes? Given the hasty manner in which it was created, probably not. Which means corporations will actually be paying closer to 0%.

So ... that's fair, right?

So, why should corporations (employers) pay ANY tax? They can't vote. No taxation without representation?

 

[theHawk]

Umm yea so what the hell are we doing this giveaway to corporations for? They'll just use it to leverage a lower rate where they are.

Well, good. Europe can try to survive without the extra tax money. Either way, fuck them. We win.

No silly, WE do not win, corporations win by getting more free rides at someone else's expense.

At whose expense?

 

[John Shaw]

Only thing is, American corporations are already only paying around 20% because of special interest deductions and tax loopholes.

The 35 Percent Corporate Tax Myth

Is this tax plan going to close those loopholes? Given the hasty manner in which it was created, probably not. Which means corporations will actually be paying closer to 0%.

So ... that's fair, right?

So, why should corporations (employers) pay ANY tax? They can't vote. No taxation without representation?

They can't vote. They just write our laws.

#lobbyistsrunDC