Tax Reform Wheel Tracker

Davis
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Davis
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Joined: 12:07 AM - Jul 28, 2017

3:03 PM - Jan 11, 2018 #1

Over 1m beneficiaries as of last night and too many companies to count manually.

https://www.atr.org/list

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jon-nyc
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jon-nyc
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Joined: 8:47 PM - Apr 22, 2005

3:16 PM - Jan 11, 2018 #2

Sweet. Let’s see how it tracks against the revenue reduction.

Clowns to the left of me, jokers to the right.
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Davis
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Davis
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Joined: 12:07 AM - Jul 28, 2017

3:24 PM - Jan 11, 2018 #3

jon-nyc wrote:Sweet. Let’s see how it tracks against the revenue reduction.
It’s a great question for sure. In the meantime we can more quickly track how much the public is against it which is what we were assured just weeks ago.

Democrats warned GOP congresscritters this was suicide to pass where I suspect the opposite would be true. I think we are only beginning to understand why they were so concerned.

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Copper
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Copper
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Joined: 11:58 PM - Feb 14, 2007

4:09 PM - Jan 11, 2018 #4


Stop spending.
The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy
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Jolly
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Jolly
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Joined: 3:47 PM - Apr 19, 2005

5:18 PM - Jan 11, 2018 #5

Copper wrote:Stop spending.
Or at least cut it.
The main obstacle to a stable and just world order is the United States.- George Soros
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jon-nyc
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jon-nyc
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Joined: 8:47 PM - Apr 22, 2005

5:25 PM - Jan 11, 2018 #6

Davis wrote:
jon-nyc wrote:Sweet. Let’s see how it tracks against the revenue reduction.
It’s a great question for sure. In the meantime we can more quickly track how much the public is against it which is what we were assured just weeks ago.
Kind of like hosting the Olympic Games. Look at all the jobs!


But please don’t look at the debt. And for gods sake, don’t make any comparisons between the two!
Clowns to the left of me, jokers to the right.
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George K
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George K
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4:06 PM - Jan 19, 2018 #7

https://www.bloomberg.com/news/articles ... ew-tax-law
wrote:Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S. tax law, according to people familiar with the matter.

The iPhone maker will begin issuing stock grants to most employees worldwide in the coming months, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The move comes on the same day Apple said it would bring back most of its cash from overseas and spend $30 billion in the U.S. over the next five years, funding an additional technical support campus, data centers and 20,000 new employees.

Apple confirmed the bonuses in response to a Bloomberg inquiry Wednesday. The Cupertino, California-based company joins a growing list of American businesses that have celebrated the introduction of corporate-friendly tax law with one-time bonuses for staff. AT&T Inc., Comcast Corp., JetBlue Airways Corp. and Wal-Mart Stores Inc. also said they were giving bonuses.
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Mikhailoh
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Mikhailoh
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Joined: 1:24 AM - Apr 27, 2005

4:10 PM - Jan 19, 2018 #8

Yuge.
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Copper
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Copper
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Joined: 11:58 PM - Feb 14, 2007

4:45 PM - Jan 19, 2018 #9


Win
The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy
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Jolly
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Jolly
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Joined: 3:47 PM - Apr 19, 2005

5:09 PM - Jan 19, 2018 #10

George K wrote:https://www.bloomberg.com/news/articles ... ew-tax-law
wrote:Apple Inc. told employees Wednesday that it’s issuing a bonus of $2,500 worth of restricted stock units, following the introduction of the new U.S. tax law, according to people familiar with the matter.

The iPhone maker will begin issuing stock grants to most employees worldwide in the coming months, said the people, who asked not to be identified because they weren’t authorized to speak publicly. The move comes on the same day Apple said it would bring back most of its cash from overseas and spend $30 billion in the U.S. over the next five years, funding an additional technical support campus, data centers and 20,000 new employees.

Apple confirmed the bonuses in response to a Bloomberg inquiry Wednesday. The Cupertino, California-based company joins a growing list of American businesses that have celebrated the introduction of corporate-friendly tax law with one-time bonuses for staff. AT&T Inc., Comcast Corp., JetBlue Airways Corp. and Wal-Mart Stores Inc. also said they were giving bonuses.
Talked with my boy right after i saw this.

His words?

"Thank you Mr. Trump!"
The main obstacle to a stable and just world order is the United States.- George Soros
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George K
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George K
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Joined: 8:24 PM - Aug 04, 2005

6:13 PM - Jan 23, 2018 #11

https://www.wsj.com/articles/how-jpmorg ... 1516703432
wrote:JPMorgan Chase & Co. is unrolling a $20 billion, five-year investment across its businesses based on benefits from recent tax-law changes, a softer regulatory environment and its overall growth.

The largest U.S. bank by assets is planning to open up to 400 branches in new markets across the country, grow its home lending to lower-income consumers and boost wages for some retail-banking employees...
"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


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Nothing is as effective as homeopathy.
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Davis
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Davis
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Joined: 12:07 AM - Jul 28, 2017

12:22 AM - Feb 01, 2018 #12

https://www.cnbc.com/2018/01/31/private ... ytics.html

Look at projected unemployment and GDP growth estimates for 2018 too.
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John Galt
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John Galt
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Joined: 4:37 PM - Aug 31, 2009

12:35 AM - Feb 01, 2018 #13

Davis wrote:https://www.cnbc.com/2018/01/31/private ... ytics.html

Look at projected unemployment and GDP growth estimates for 2018 too.
Indeed. The trend continues. Still want to give all the credit to tax reform?

(From your link)
wrote:2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs
A broader look at what companies are doing:


https://www.nytimes.com/2018/01/22/us/p ... mpact.html
PSA: The ignore function works on the new platform.
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Davis
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Davis
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12:54 AM - Feb 01, 2018 #14

John Galt wrote:
Davis wrote:https://www.cnbc.com/2018/01/31/private ... ytics.html

Look at projected unemployment and GDP growth estimates for 2018 too.
Indeed. The trend continues. Still want to give all the credit to tax reform?

(From your link)
wrote:2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs
A broader look at what companies are doing:


https://www.nytimes.com/2018/01/22/us/p ... mpact.html
Good news is good news. Enjoy it, even if it is under Trump’s watch.
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Axtremus
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Axtremus
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Joined: 1:05 AM - Apr 19, 2005

1:25 AM - Feb 01, 2018 #15

Davis wrote:
John Galt wrote:
Davis wrote:https://www.cnbc.com/2018/01/31/private ... ytics.html

Look at projected unemployment and GDP growth estimates for 2018 too.
Indeed. The trend continues. Still want to give all the credit to tax reform?

(From your link)
wrote:2018 is on track to be the eighth consecutive year in which the economy creates over 2 million jobs
A broader look at what companies are doing:


https://www.nytimes.com/2018/01/22/us/p ... mpact.html
Good news is good news. Enjoy it, even if it is under Trump’s watch.
Surely you enjoyed the same good news for seven years under Obama's watch! :thumb:
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Copper
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Copper
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Joined: 11:58 PM - Feb 14, 2007

1:37 AM - Feb 01, 2018 #16

I like that Mr. Trump is taking responsibility for the executive branch.

It took Mr. Obama many years before he took any responsibility.

How much the president really influenced these things is beside the point.

The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy
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taiwan_girl
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Joined: 11:58 PM - Apr 18, 2005

3:37 PM - Feb 01, 2018 #17

As I have said many times before, Presidents take too much credit for the economy when things go well, and probably take too much blame when things go not so well.

Last year, if you invested in a global stock fund (without US stocks), the return would have been 27.5%. The US stock returns were about 24.4%. So, on the world wide, stocks were 3% actual better or about 12% better when compared to US stocks.

So, compared to other world leaders, is President Trump performing worse and the US would have been better with another leader? Of course, this is a nonsense statement.

But, it just shows the type of things that presidents (both Republic and Democrat) say to try and make themselves look good, when the situation would have been mostly the same if they did nothing.
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George K
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George K
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Joined: 8:24 PM - Aug 04, 2005

1:29 AM - Feb 02, 2018 #18

Sweet!
wrote:Hostess just announced a particularly "sweet" plan to share the tax cut savings with workers.

Hostess Brands, the maker of Twinkies, Ding Dongs, Ho Hos and other iconic treats, said it would provide one-time $1,250 bonuses to 1,036 hourly employees "following the recently enacted tax legislation."

The bonuses come in the form of $750 in cash and a $500 401k contribution.

Hostess also said it would select a "product of the week" and provide a multi-pack to every employee every week for one year.
"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


A guide to GKSR: Click


Nothing is as effective as homeopathy.
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George K
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George K
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Joined: 8:24 PM - Aug 04, 2005

12:48 PM - Feb 04, 2018 #19

Tobacco giant Altria Group Inc
wrote:$3,000 bonuses to a portion of its employees, citing to the Republican tax-reform plan.

Over 7,000 of the tobacco company's nonexecutive employees will receive a one-time payout, according to the Richmond Times-Dispatch, amounting to $24 million.

The company has also prepared to put $35 million aside for donations to various charity programs, especially those focused on work and youth development, over the next three years.
Altria Group Inc. is the latest corporation to announce windfalls from the tax plan, which slashes the corporate tax rate from 35 percent to 21 percent.
"Now look here, you Baltic gas passer... "
- Mik, 6/14/08


A guide to GKSR: Click


Nothing is as effective as homeopathy.
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Copper
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Copper
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Joined: 11:58 PM - Feb 14, 2007

4:19 PM - Feb 04, 2018 #20

Winning.


The Confederate soldier was peculiar in that he was ever ready to fight, but never ready to submit to the routine duty and discipline of the camp or the march. The soldiers were determined to be soldiers after their own notions, and do their duty, for the love of it, as they thought best. Carlton McCarthy
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