What affect repatriation tax holiday will have on payroll taxes.

[healthmyths]

Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
By Goldman Sachs' calculation, S&P 500 companies hold $920 billion of untaxed overseas cash, and the firm estimates that $250 billion of that would be repatriated. Looking at all US-based companies, Citigroup says there's a whopping $2.5 trillion of capital stashed internationally.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
A one-time repatriation tax officials have indicated the rate could end up somewhere around 10%.
So federal revenues could increase by $250 billion if all the $2.5 trillion were repatriated.

But assume less then half or $1.25 trillion comes back.
And assume half of that is used to build facilities, hire people, i.e. increase the GDP.

$600 billion means almost $75 billion in payroll taxes coming in each year!
And see here is where MOST of you are truly uninformed.
Did you know 33% of Federal tax revenue comes from Payroll taxes PAID equally by the employer
and employee and directly calculated as Federal TAX revenue!
Like I said most of you are unaware that your employer pays an equal % of your paycheck for SS/Medicare.

 

[BULLDOG]

Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
By Goldman Sachs' calculation, S&P 500 companies hold $920 billion of untaxed overseas cash, and the firm estimates that $250 billion of that would be repatriated. Looking at all US-based companies, Citigroup says there's a whopping $2.5 trillion of capital stashed internationally.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
A one-time repatriation tax officials have indicated the rate could end up somewhere around 10%.
So federal revenues could increase by $250 billion if all the $2.5 trillion were repatriated.

But assume less then half or $1.25 trillion comes back.
And assume half of that is used to build facilities, hire people, i.e. increase the GDP.

$600 billion means almost $75 billion in payroll taxes coming in each year!
And see here is where MOST of you are truly uninformed.
Did you know 33% of Federal tax revenue comes from Payroll taxes PAID equally by the employer
and employee and directly calculated as Federal TAX revenue!
Like I said most of you are unaware that your employer pays an equal % of your paycheck for SS/Medicare.
View attachment 151808

What makes you think a single penny of it will be used to build a single factory, or to hire a single person? Those companies have had plenty of cash on hand to do those things, and interest rates have been low. Those things could have already been easily done if they wanted to.

 

[Freewill]

Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
By Goldman Sachs' calculation, S&P 500 companies hold $920 billion of untaxed overseas cash, and the firm estimates that $250 billion of that would be repatriated. Looking at all US-based companies, Citigroup says there's a whopping $2.5 trillion of capital stashed internationally.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
A one-time repatriation tax officials have indicated the rate could end up somewhere around 10%.
So federal revenues could increase by $250 billion if all the $2.5 trillion were repatriated.

But assume less then half or $1.25 trillion comes back.
And assume half of that is used to build facilities, hire people, i.e. increase the GDP.

$600 billion means almost $75 billion in payroll taxes coming in each year!
And see here is where MOST of you are truly uninformed.
Did you know 33% of Federal tax revenue comes from Payroll taxes PAID equally by the employer
and employee and directly calculated as Federal TAX revenue!
Like I said most of you are unaware that your employer pays an equal % of your paycheck for SS/Medicare.
View attachment 151808

What makes you think a single penny of it will be used to build a single factory, or to hire a single person? Those companies have had plenty of cash on hand to do those things, and interest rates have been low. Those things could have already been easily done if they wanted to.

Maybe they won't build a factory, but continuing the policy of the last administration certainly seems to be foolish.

 

[healthmyths]

Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
By Goldman Sachs' calculation, S&P 500 companies hold $920 billion of untaxed overseas cash, and the firm estimates that $250 billion of that would be repatriated. Looking at all US-based companies, Citigroup says there's a whopping $2.5 trillion of capital stashed internationally.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
A one-time repatriation tax officials have indicated the rate could end up somewhere around 10%.
So federal revenues could increase by $250 billion if all the $2.5 trillion were repatriated.

But assume less then half or $1.25 trillion comes back.
And assume half of that is used to build facilities, hire people, i.e. increase the GDP.

$600 billion means almost $75 billion in payroll taxes coming in each year!
And see here is where MOST of you are truly uninformed.
Did you know 33% of Federal tax revenue comes from Payroll taxes PAID equally by the employer
and employee and directly calculated as Federal TAX revenue!
Like I said most of you are unaware that your employer pays an equal % of your paycheck for SS/Medicare.
View attachment 151808

What makes you think a single penny of it will be used to build a single factory, or to hire a single person? Those companies have had plenty of cash on hand to do those things, and interest rates have been low. Those things could have already been easily done if they wanted to.

Maybe they won't build a factory, but continuing the policy of the last administration certainly seems to be foolish.

Here are their options....
Once a company brings that money back to the US, it has a few options for how to use it. The first is reinvestment into core businesses — this is most likely the avenue policymakers would prefer, as it holds the most direct bearing on economic expansion.

Another option is for a company to repurchase its shares — this would be beneficial to stock prices and, by extension, the market as a whole. Buybacks are a good way to achieve immediate share appreciation and signal to investors that a stock is viewed as undervalued.

And regardless of how the cash is used, a tax break for multinational companies at least partially addresses what a recent World Economic Forum survey identified as the most problematic factor for doing business: tax rates.

So with that established, which companies stand to benefit most? Goldman says it's those holdings the most post-tax cash overseas relative to their market cap — a group heavily concentrated in the tech and healthcare sectors.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most

 

[healthmyths]

Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
By Goldman Sachs' calculation, S&P 500 companies hold $920 billion of untaxed overseas cash, and the firm estimates that $250 billion of that would be repatriated. Looking at all US-based companies, Citigroup says there's a whopping $2.5 trillion of capital stashed internationally.
Trump's tax plan could bring $250 billion into the US — here are the companies set to benefit most
A one-time repatriation tax officials have indicated the rate could end up somewhere around 10%.
So federal revenues could increase by $250 billion if all the $2.5 trillion were repatriated.

But assume less then half or $1.25 trillion comes back.
And assume half of that is used to build facilities, hire people, i.e. increase the GDP.

$600 billion means almost $75 billion in payroll taxes coming in each year!
And see here is where MOST of you are truly uninformed.
Did you know 33% of Federal tax revenue comes from Payroll taxes PAID equally by the employer
and employee and directly calculated as Federal TAX revenue!
Like I said most of you are unaware that your employer pays an equal % of your paycheck for SS/Medicare.
View attachment 151808

What makes you think a single penny of it will be used to build a single factory, or to hire a single person? Those companies have had plenty of cash on hand to do those things, and interest rates have been low. Those things could have already been easily done if they wanted to.

So what will they do with that cash then? Do as you would hide under the mattress or bury in the backyard?
Tell what would you do if you were responsible for bringing back CASH that the cost was one time 10% ?
Remember these companies BORROW money that they have to pay back ALL the time. 10% one time tax means they don't have to borrow any money!

Apple sold $6.5 billion in bonds on Monday, according to Bloomberg.

That's the same Apple that last week announced a record-breaking $18 billion profit over the holiday quarter.

It's reasonable to ask: Why would Apple — a company with $178 billion in cash — need a loan?

In short: taxes.

Apple doesn't want to bring the money home, though. It could pay up to 35% of whatever it brings back to Uncle Sam, which could easily be a multibillion-dollar tax bill.
Apple wants a tax repatriation holiday, like the one recently proposed by Senators Barbara Boxer (D-California) and Rand Paul (R-Kentucky).
Apple just took out a $6.5 billion loan even though it's sitting on $178 billion in cash