H
Harpy Eagle
Guest
There are a lot of quality products that come out of China. The best graphics cards are made there.
If we could weaken China's economy
- Thread starter Blues Man
- Start date
There are a lot of quality products that come out of China. The best graphics cards are made there.
THAT wasn't your comment, moron.
"They were getting a break because overseas tax rates were lower".
Corporate tax rate, you ******* idiot.
DudleySmith
Diamond Member
- Dec 21, 2020
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I've already been doing that for a long time now. I don't even buy products made in California any more either.
DudleySmith
Diamond Member
- Dec 21, 2020
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By foreign designers and engineers, and Taiwan makes them. Soon they're moving back here or to Mexico. The only people who love Red China are labor racketeers and heavy polluters, and they don't make anything that can't be made somewhere else. AMD and Nividia have some assembly lines in REd China, but their chips are made in the U.S. and at Taiwan foundries.
Last edited:
Toddsterpatriot
Diamond Member
The US corporate tax rate is 21%, not 23%, you stupid ****.
""They were getting a break because overseas tax rates were lower".
That makes your argument even worse.
Toddsterpatriot
Diamond Member
The old US rate was 35%......idiot.
STILL, didn't do shit, for America or Americans, except produce more debt, moron.
Did Trump's tax cuts boost hiring? Most companies say no
PBS
https://www.pbs.org › economy › making-sense › did-...
Jan 28, 2019 — About 84 percent of businesses said the Republican tax cuts have not caused them to boost hiring or investment, according to a National ...
Twice as many companies paying zero taxes under Trump ...
NBC News
https://www.nbcnews.com › business › twice-many-co...
Apr 11, 2019 — The Tax Cuts and Jobs Act lowered the corporate tax rate from 35 percent to 21 percent. In its first year, the number of companies paying no ...
The 2017 Tax Cuts Didn't Work, The Data Prove It
Forbes
https://www.forbes.com › christianweller › 2019/05/30
May 30, 2019 — A new report confirms what the data already showed: The 2017 tax cuts for the richest Americans and corporations did not work as promised.
U.S. corporate-tax cuts fail to boost investment, IMF finds
Los Angeles Times
https://www.latimes.com › business › story › trump-corp...
Aug 8, 2019 — The Trump administration's tax cuts have had little direct impact on business investment decisions, according to an analysis by the ...
Attachments
Toddsterpatriot
Diamond Member
We had the highest corporate rate in the WORLD!
I heard endless demtwats whining about corporations moving their HQs overseas.
Why do you think they did that? DURR
GREED.
Toddsterpatriot
Diamond Member
Lower tax rates. DURR
You're FOS.
Name ONE US company that moved BACK to the US, after the orange retards, tax cuts?
DURR.
Toddsterpatriot
Diamond Member
Inversions are starting to revert.
When Mylan moved its corporate address to the Netherlands in 2015, the pharmaceutical company joined a wave of corporate inversion deals aided by tax advantages of a non-U.S. address. Now, Mylan’s address is coming back to the U.S. through a merger deal this week with part of Pfizer Inc., a sign that the 2017 tax law is rendering these moves less attractive than they once were.
The deal comes a month after Allergan PLC—another inverted pharmaceutical company, based in Dublin—announced its return to a U.S. parent through a sale to AbbVie Inc.
On balance, say tax lawyers and analysts, foreign addresses still confer a slight tax advantage.
But after the U.S. corporate tax cuts in the 2017 law, the edge is small enough that it might not be worth reputational and political costs.
Those changes might deter new inversions and cause inverted companies to retake U.S. addresses if other business reasons warrant such a move. Inversion deals were particularly hot from 2012 to 2015, as companies such as Eaton Corp. and Medtronic PLC took foreign addresses.
Going Out of Style: Tax-Driven Deals to Move Corporate HQs Outside U.S.
Drug maker Mylan is joining other large corporations reverting to addresses in the U.S., a sign the 2017 tax law is rendering once-popular inversions less attractive.
www.wsj.com
WTF?Inversions are starting to revert.
When Mylan moved its corporate address to the Netherlands in 2015, the pharmaceutical company joined a wave of corporate inversion deals aided by tax advantages of a non-U.S. address. Now, Mylan’s address is coming back to the U.S. through a merger deal this week with part of Pfizer Inc., a sign that the 2017 tax law is rendering these moves less attractive than they once were.
The deal comes a month after Allergan PLC—another inverted pharmaceutical company, based in Dublin—announced its return to a U.S. parent through a sale to AbbVie Inc.
On balance, say tax lawyers and analysts, foreign addresses still confer a slight tax advantage.
But after the U.S. corporate tax cuts in the 2017 law, the edge is small enough that it might not be worth reputational and political costs.
Those changes might deter new inversions and cause inverted companies to retake U.S. addresses if other business reasons warrant such a move. Inversion deals were particularly hot from 2012 to 2015, as companies such as Eaton Corp. and Medtronic PLC took foreign addresses.
Going Out of Style: Tax-Driven Deals to Move Corporate HQs Outside U.S.
Drug maker Mylan is joining other large corporations reverting to addresses in the U.S., a sign the 2017 tax law is rendering once-popular inversions less attractive.
SO......with all your deflection and obfuscation, your answer is?................................NONE.
Toddsterpatriot
Diamond Member
Can't read? DURR.
Mylan and Allergan.
And don't forget the cash..........
Investment banks and think tanks have estimated that U.S. corporations held $1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted. Before the overhaul, companies had an incentive to keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore. The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid assets.
U.S. companies have repatriated $1 trillion since tax overhaul
That's still short of the $4 trillion in overseas profits that President Trump would return as a result of the 2017 tax law.
www.latimes.com
YOU are a ******* IDIOT, NOT only THAT your dear leader thinks you're an IDIOT, he relies on that.
You come up with this BS, about "repatriations" of $$$?Mylan and Allergan.
And don't forget the cash..........
Investment banks and think tanks have estimated that U.S. corporations held $1.5 trillion to $2.5 trillion in offshore cash at the time the law was enacted. Before the overhaul, companies had an incentive to keep profits overseas because they owed a 35% tax when bringing it back and could defer payment by keeping funds offshore. The law set a one-time 15.5% tax rate on cash and 8% on non-cash or illiquid assets.
U.S. companies have repatriated $1 trillion since tax overhaul
That's still short of the $4 trillion in overseas profits that President Trump would return as a result of the 2017 tax law.
WTF about the US companies once based in the US, that moved overseas, because of high US taxes, moving their operations BACK to the US, BECAUSE, your dear leader, lowered the US corporate tax rate?
As your dear leader CLAIMED lowering the tax would?
Toddsterpatriot
Diamond Member
WTF about the US companies once based in the US, that moved overseas, because of high US taxes,
Like Mylan and Allergan?
As your dear leader CLAIMED lowering the tax would?
Tell me again how rates weren't lower overseas.
And how household income didn't increase.
And how the US rate is 23%.
Moron.
WTF RETARD?
April 10 2003
Mylan Relocates Corporate HeadquartersPITTSBURGH, Pa.--(BUSINESS WIRE)--April 10, 2003--Mylan Laboratories Inc. (NYSE: MYL) a leading developer, manufacturer and marketer of generic and proprietary pharmaceuticals announced today the relocation of its Corporate Headquarters to a new state-of-the-art office complex in Canonsburg, Pennsylvania.
The new offices, within the Horizon Center, located in the Southpointe Industrial Park offer a convenient location, with easy access to commuter arteries, the Pittsburgh International Airport and the Company's main manufacturing facility in Morgantown, West Virginia. The new location is more accessible for its employees, customers and other visitors.
STILL based in the US, MORON.
Allergan plc is an American, Irish-domiciled pharmaceutical company that acquires, develops, manufactures and markets brand name drugs and medical devices in the areas of medical aesthetics, eye care, central nervous system, and gastroenterology. The company is the maker of Botox.
Allergan plc was formed in March 2015 when Irish–registered Actavis plc acquired U.S.–registered Allergan, Inc., and assumed the Allergan name.
In 2016, Allergan sold its generic business, Actavis, to Teva Pharmaceuticals for $40.5 billion.
In June 2019, U.S. pharmaceutical company AbbVie announced it had reached an agreement to acquire Allergan for $63 billion.
An Irish company acquiring a US company IS NOT moving American companies, back home, idiot.
STILL not a reason for corporations to move overseas.
Never said it didn't.
Trumptard, STILL didn't create an American job.
Toddsterpatriot
Diamond Member
WTF RETARD?
April 10 2003
Don't be so hard on yourself.
By Richard Rubin and Jared S. Hopkins
Updated Aug. 1, 2019 3:27 pm ET
Inversions are starting to revert.
When Mylan moved its corporate address to the Netherlands in 2015, the pharmaceutical company joined a wave of corporate inversion deals aided by tax advantages of a non-U.S. address. Now, Mylan’s address is coming back to the U.S. through a merger deal this week with part of Pfizer Inc., a sign that the 2017 tax law is rendering these moves less attractive than they once were.
2015 is later than 2003........DURR
Allergan plc was formed in March 2015 when Irish–registered Actavis plc acquired U.S.–registered Allergan, Inc., and assumed the Allergan name.
2015------Irish company.
In June 2019, U.S. pharmaceutical company AbbVie announced it had reached an agreement to acquire Allergan for $63 billion.
2019------US company.
Tax inversions ARE NOT RELOCATING........................RETARD
A foreign company acquiring a US company IS NOT RELOCATING..........RETARD.
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