Hmm......
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- HokieHam
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Hmm......
If the trend continues..........
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- awesome guy
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Re: Hmm......
There's going to be a massive 1 year pop from repatriation due to the lowered Corp tax followed by a continuous higher stream as it's no longer advantageous to keep foreign income offshore.
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Re: Hmm......
January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
- HokieHam
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Re: Hmm......
I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
"if you want a picture of the future, imagine a boot stamping on a human face-forever."
ip believes you can dial in a 78 year old man who suffers from deminishing mental function
Re: Hmm......
Good move to go to a non-territorial system so there is no foreign taxable income*. Under the previous corporate tax, all foreign income was taxable in the U.S., with a credit for foreign taxes paid. The new system does not tax foreign income. Income will still be earned internationally, it just won't be taxed in the U.S.awesome guy wrote:There's going to be a massive 1 year pop from repatriation due to the lowered Corp tax followed by a continuous higher stream as it's no longer advantageous to keep foreign income offshore.
GILTI is still a tax on foreign income, but based on a formula which won't result in taxable income for many companies.
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Re: Hmm......
https://www.withum.com/kc/what-the-fdii ... an-to-you/TheH2 wrote:Good move to go to a non-territorial system so there is no foreign taxable income*. Under the previous corporate tax, all foreign income was taxable in the U.S., with a credit for foreign taxes paid. The new system does not tax foreign income. Income will still be earned internationally, it just won't be taxed in the U.S.awesome guy wrote:There's going to be a massive 1 year pop from repatriation due to the lowered Corp tax followed by a continuous higher stream as it's no longer advantageous to keep foreign income offshore.
GILTI is still a tax on foreign income, but based on a formula which won't result in taxable income for many companies.
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Re: Hmm......
That was my first thought.awesome guy wrote:There's going to be a massive 1 year pop from repatriation due to the lowered Corp tax followed by a continuous higher stream as it's no longer advantageous to keep foreign income offshore.
Re: Hmm......
Bad bet:HokieHam wrote:I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis.
http://money.cnn.com/2018/03/27/investi ... index.html
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- HokieHam
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Re: Hmm......
Should have taken it!TheH2 wrote:Bad bet:HokieHam wrote:I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis.
http://money.cnn.com/2018/03/27/investi ... index.html
"if you want a picture of the future, imagine a boot stamping on a human face-forever."
ip believes you can dial in a 78 year old man who suffers from deminishing mental function
- ip_law-hokie
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Re: Hmm......
Thanks a lot Obama.TheH2 wrote:Bad bet:HokieHam wrote:I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis.
http://money.cnn.com/2018/03/27/investi ... index.html
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With their Cap’n and Chief Intelligence Officer having deserted them, River, Ham and Joe valiantly continue their whataboutismistic last stand of the DJT apology tour.
- HokieHam
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Re: Hmm......
Blind spotip_law-hokie wrote:Thanks a lot Obama.TheH2 wrote:Bad bet:HokieHam wrote:I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis.
http://money.cnn.com/2018/03/27/investi ... index.html
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"if you want a picture of the future, imagine a boot stamping on a human face-forever."
ip believes you can dial in a 78 year old man who suffers from deminishing mental function
- ip_law-hokie
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Re: Hmm......
Absolutely.HokieHam wrote:Blind spotip_law-hokie wrote:Thanks a lot Obama.TheH2 wrote:Bad bet:HokieHam wrote:I’m betting it will......we’ll see.HokieFanDC wrote:January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
The United States plans to sell about $294 billion of debt, according to the Treasury Department. That's the highest for a week since the record set during the 2008 financial crisis.
http://money.cnn.com/2018/03/27/investi ... index.html
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
With their Cap’n and Chief Intelligence Officer having deserted them, River, Ham and Joe valiantly continue their whataboutismistic last stand of the DJT apology tour.
- HokieHam
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Re: Hmm......
Good to see you recognize your issue, former Republican.Absolutely
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Re: Hmm......
So as an aside to this, China is one of the USA's biggest debt holders. Let's say China abstains from purchasing more debt from the USA due to the "trade war." Does that ultimately drive the interest rates on those bonds up just to drum up more interest? China and Japan own 45% of the USA's outstanding debt. That's a lot.
- ip_law-hokie
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Re: Hmm......
You being wrong about Trump clearly demonstrates my partisan blind spot. Got it.HokieHam wrote:Good to see you recognize your issue, former Republican.Absolutely
With their Cap’n and Chief Intelligence Officer having deserted them, River, Ham and Joe valiantly continue their whataboutismistic last stand of the DJT apology tour.
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Re: Hmm......
China is not stupid, they rely on us to buy all that stuff so they cut their own throat if they try and punish us by not buying the debt. They also have to put the funds somewhere and no where is safer than the USA....China thinks that is importantElbertoHokie wrote:So as an aside to this, China is one of the USA's biggest debt holders. Let's say China abstains from purchasing more debt from the USA due to the "trade war." Does that ultimately drive the interest rates on those bonds up just to drum up more interest? China and Japan own 45% of the USA's outstanding debt. That's a lot.
Re: Hmm......
They can't, they love the dollar, just like everyone else. It's like getting a smoker to quit. The dollar is a lifeline for economies all around the world and they all seem to think there is no limit on how much to hold.ElbertoHokie wrote:So as an aside to this, China is one of the USA's biggest debt holders. Let's say China abstains from purchasing more debt from the USA due to the "trade war." Does that ultimately drive the interest rates on those bonds up just to drum up more interest? China and Japan own 45% of the USA's outstanding debt. That's a lot.
Hypothetically, if they could, there would be other buyers, with likely minimal effect on the interest rate. For example, over year or so ago they were sellers to try and prop up the yuan and the interest rate on US bonds didn't budge. However, if there wasn't enough demand, the value of the China's holdings would decrease because increasing interest rates reduces the price of bonds. So, it would hurt China too, although I don't think they care too much about the market value of the bonds.
Also, I believe 45% is their percentage of foreign country held debt, I think it is much lower when you take into account all holdings.
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Re: Hmm......
Timing more than anything else i assume.HokieHam wrote:If the trend continues..........
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Re: Hmm......
Foreign entities only hold about 30% of the total debt ($6T out of $21T), about the same as other USG entities (like social security) hold.ElbertoHokie wrote:So as an aside to this, China is one of the USA's biggest debt holders. Let's say China abstains from purchasing more debt from the USA due to the "trade war." Does that ultimately drive the interest rates on those bonds up just to drum up more interest? China and Japan own 45% of the USA's outstanding debt. That's a lot.
https://www.thebalance.com/who-owns-the ... bt-3306124
- HokieHam
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Re: Hmm......
This is about deficits and incoming tax receipts.ip_law-hokie wrote:You being wrong about Trump clearly demonstrates my partisan blind spot. Got it.HokieHam wrote:Good to see you recognize your issue, former Republican.Absolutely
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- ip_law-hokie
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Re: Hmm......
Correct. The former is increasing faster than the latter.HokieHam wrote:This is about deficits and incoming tax receipts.ip_law-hokie wrote:You being wrong about Trump clearly demonstrates my partisan blind spot. Got it.HokieHam wrote:Good to see you recognize your issue, former Republican.Absolutely
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With their Cap’n and Chief Intelligence Officer having deserted them, River, Ham and Joe valiantly continue their whataboutismistic last stand of the DJT apology tour.
- HokieHam
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Re: Hmm......
Yup. We will see. Hoping the tax cuts have a net positive on tax receipts.ip_law-hokie wrote:Correct. The former is increasing faster than the latter.HokieHam wrote:This is about deficits and incoming tax receipts.ip_law-hokie wrote:You being wrong about Trump clearly demonstrates my partisan blind spot. Got it.HokieHam wrote:Good to see you recognize your issue, former Republican.Absolutely
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"if you want a picture of the future, imagine a boot stamping on a human face-forever."
ip believes you can dial in a 78 year old man who suffers from deminishing mental function
Re: Hmm......
LOL. Hope away. I'm hoping I'll be playing in the NBA soon.HokieHam wrote:Yup. We will see. Hoping the tax cuts have a net positive on tax receipts.ip_law-hokie wrote:Correct. The former is increasing faster than the latter.HokieHam wrote:This is about deficits and incoming tax receipts.ip_law-hokie wrote:You being wrong about Trump clearly demonstrates my partisan blind spot. Got it.HokieHam wrote:Good to see you recognize your issue, former Republican.Absolutely
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- HokieHam
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Re: Hmm......
Are you all of a sudden concerned about deficits and debt now?LOL. Hope away. I'm hoping I'll be playing in the NBA soon.
"if you want a picture of the future, imagine a boot stamping on a human face-forever."
ip believes you can dial in a 78 year old man who suffers from deminishing mental function
Re: Hmm......
My point was that you're hoping when it is a 100% certainty that it won't. You're choosing to believe a lie.HokieHam wrote:Are you all of a sudden concerned about deficits and debt now?LOL. Hope away. I'm hoping I'll be playing in the NBA soon.
For example, I'm 6'0" (5'11.75- but I round that up because that's what they did for life death insurance), not the fastest person on a basketball court, and in my "prime" would have made a great baseketball player
And I'm white http://uwsboard.com/viewtopic.php?f=2&t=24781
I can ignore the reality and hope to be in the NBA, but the reality is that's not happening. I couldn't even make a division II squad.
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