Hmm......
Posted: Tue Feb 13, 2018 7:17 pm
If the trend continues..........
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January has run a surplus for 3 straight years now. Hasn't held the last 2 years.HokieHam wrote:If the trend continues..........
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..........
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.
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.
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.
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..........
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
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
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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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
Good to see you recognize your issue, former Republican.Absolutely
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
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.
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.
Timing more than anything else i assume.HokieHam wrote:If the trend continues..........
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.
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
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
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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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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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.
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.