Re: thanks for the tax cuts! corporations are investing in themselves

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Subject: Re: thanks for the tax cuts! corporations are investing in themselves
From: rsw@therandymon.com (RS Wood)
Newsgroups: dictator.america
Organization: solani.org
Date: May 01 2018 18:48:41
On Wed, 28 Feb 2018 12:24:49 -0600
JAB <here@toadsfoot.net> wrote:

On Tue, 27 Feb 2018 10:32:13 -0500, RS Wood <rsw@therandymon.com>
wrote:

The tax overhaul is the cornerstone of Mr. Trump’s economic plan.
Warren Buffett's company, Berkshire Hathaway, will gain some 29
billion windfall dollars, which is more than enough to pay for Trump's
Wall.

Ha! Guess what - it smelled like bullshit because it fucking WAS
bullshit.

https://www.nytimes.com/2018/04/30/business/the-tax-cut-buybacks-business-investment.html

But, so far, hard evidence of such an acceleration has yet to appear in
economic data, which show more of a steady investment roll than a rapid
escalation. And while there are pockets of the economy where investment
is picking up — among large tech companies and in shale oil business,
for example — corporate spending on buying back stock is increasing at
a far faster clip, prompting a debate about whether the law is
returning money to the overall economy or just rewarding a small
segment of investors.

Data on the gross domestic product, released Friday, showed that
business investment grew at a 6.1 percent annual clip during the first
three months of 2018, down from 7.2 percent during the first quarter
last year. Excluding oil and gas investment, which is particularly
volatile, the investment pace grew slightly over the past year.

While the first-quarter investment numbers were more robust than they
were in 2015 and 2016 — when a bust in oil prices curtailed a large
chunk of American corporate spending — they weren’t radically different
from the roughly 5 percent rate of growth for business investment that
has prevailed since 2010.


Date Subject  Author
04.12. * What happened when North Carolina cut taxes like tRS Wood
05.12. `* Re: What happened when North Carolina cut taxes like tJAB
12.12.  `* the tax cuts only works if you apply magical mathRS Wood
12.12.   `* Re: the tax cuts only works if you apply magical mathJAB
16.02.    `* Re: the tax cuts only works if you apply magical mathRS Wood
27.02.     `* thanks for the tax cuts! corporations are investinRS Wood
28.02.      +- Re: thanks for the tax cuts! corporations are investinJAB
28.02.      `* Re: thanks for the tax cuts! corporations are investinJAB
01.05.       `* Re: thanks for the tax cuts! corporations are investinRS Wood
01.05.        `* Re: thanks for the tax cuts! corporations are investinRS Wood
03.05.         `- Re: thanks for the tax cuts! corporations are investinJAB

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