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Old 09-13-2018, 08:56 AM  
BaldBastard
Too lazy to set a custom title
 
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 15,272
Tramp allowed tax haven money to come home! its estimated just on 3 trillion will come back in this ONE OFF, NEVER to be repeated event.

For those not great at math that's more than $9000 for every man woman and child in the USA, that's being added to Americas bottom line.

nearly 1.5 trillions back so far

Even Fox news said that would push GDP up 1- 2% this year.

https://www.foxbusiness.com/markets/...k-into-america

and the White House..

https://www.whitehouse.gov/briefings...-back-america/

yet when GDP did go up... because of that ONE OFF EVENT, everyone sat back clapping like its the new normal, when its certainly not, at least not the way it was gained this year.

--

books are being fudged, books that YOU the public will be required to balance.. for generations.

They said it was close to 3 trillion, but that's only what had to be disclosed, during the bail outs of 2008 it was found companies omit 91 percent of their subsidiaries in reporting
;) Average tax paid so far on this money.. 6.1 percent, given to companies specifically avoiding paying American taxes by using tax havens.

Also keep in mind there was no negotiations, it was rushed through the system nice and quietly.

You the public, let tax avoiding companies off the hook, to the tune of about $1500 for every citizen of America. Then Trump turned around and borrowed another $900 per person, cos he didn't have enough money just to run the country and because that all slipped in your ass so easy... their going to up the ante and lower the tax and increase that borrowing again.


You can adapt this economic policy to your own homes this winter! Go out and borrow 2 times what your house is worth, then use that money on entertainment, holidays and new cars, and to keep your house warm just start burning all the furniture.
You'll live like a billionaire! for a few months.!!
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