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Sen. Marco Rubio thinks the GOP tax plan helps corporations too much
CNBC.com ^ | December 29, 2017 | Jacob Pramuk

Posted on 12/30/2017 6:12:11 AM PST by upbeat5

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To: upbeat5

The little ones are such pains in the butt...little Marco, Billy Kristol, little Georgie Steponanelephant...


21 posted on 12/30/2017 6:26:18 AM PST by CincyRichieRich (Hurtling deplorable!)
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To: DaveA37

Perhaps he can explain that to the hundreds of thousands of employees who are collecting bonus checks.

Or maybe all of the new hires will be interested.


22 posted on 12/30/2017 6:26:54 AM PST by jazminerose (Adorable Deplorable)
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To: upbeat5
Oh noes!!! We cannot have corporations creating more jobs, more wealth, and more tax revenues!! We cannot have corporations raising wages and increasing stock prices and thus helping the retirement accounts of the 50% of Americans whose 401k's are greatly dependent upon the stock market!

That would all be TERRIBLE!!!!

- Marco Rubio

23 posted on 12/30/2017 6:27:31 AM PST by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: All
“If I were king for a day” …
Thanks for expressing your true feelings about Constitutional republican government, Marco.

To think this autocrat-wannabe waltzed into DC touting himself as “Tea Party” too.
24 posted on 12/30/2017 6:28:11 AM PST by Olog-hai ("No Republican, no matter how liberal, is going to woo a Democratic vote." -- Ronald Reagan, 1960)
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To: SkyPilot
If it is stock buy backs (which many firms have indicated they will do now that the law has passed), that is not the same as building new factories or increasing stagnant wages.

Some will choose to do so. Others will choose other options. It's called Freedom. It's a really groovy thing, baby! Let's give it a try!

25 posted on 12/30/2017 6:29:33 AM PST by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: upbeat5

Of course he does. Rubio a homosexual Democrat.


26 posted on 12/30/2017 6:31:51 AM PST by CodeToad (CWII is coming. Arm Up! They Are!)
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To: SkyPilot

You know Zerohedge is well left of center?
I will enjoy watching this story age, it will not go well for him.

P.S. How many companies have given raises, bonuses, announced expansions since the tax bill was enacted? 12? 24? many hundreds of franchises & Mom/Pop players??? You can make a chart look good by selective incorporation of data just like the Big 0’s unemployment numbers and the phony inflation charts.


27 posted on 12/30/2017 6:31:56 AM PST by JayGalt (Let Trump Be Trump)
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To: SkyPilot

Not sure which 5 year old sketched that graph, but it clearly has no basis in fact.

We’re supposed to believe that in the last year institutions and households investing in equities has declined?


28 posted on 12/30/2017 6:34:04 AM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: Lurkinanloomin

Regardless of these types of comments, bill Nelson must go first. His brain was lost in space and he is worse than Dr. Smith.


29 posted on 12/30/2017 6:34:59 AM PST by GILTN1stborn ( #rememberbenghazi #extortion17 #draintheswamp)
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To: upbeat5

I’m really sick of this lisping little back-stabber - already positioning himself as a 2020 alternative for the deep state.


30 posted on 12/30/2017 6:35:06 AM PST by Pravious
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To: upbeat5

Marco is more interested in big government, so of course he thinks that.


31 posted on 12/30/2017 6:37:03 AM PST by Robert DeLong
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To: Teacher317
Yes, I like freedom. Including what I’m able to do with my own money by keeping it from being confiscated by Washington DC. Unfortunately, in this tax bill I, like millions of others, get a tax increase.

I am not saying they will not be growth due to the massive tax cut for corporations. Of course there will be. But corporations were flush with cash before the law was even signed. The public relations stunt by some with suddenly declaring that now (finally) they could give out bonus checks to average workers was a transparent and cynical ploy. Crumbs from the master’s table in order to deflect that corporations reap the majority of the benefits of this tax law.

32 posted on 12/30/2017 6:37:19 AM PST by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: upbeat5
corporations will largely use their major tax cut to buy back shares or increase dividends to shareholders

not if the anti-business, anti-rich, anti-growth environment is stopped by more freedom and more private property rights, which increases security of private property, which increases incentives to grow and expand

33 posted on 12/30/2017 6:38:13 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: upbeat5

Marco,

Do you know how much economic activity will be generated by these lowered business tax rates? They will expand business, bring plants and HQ’s back to this country and HIRE people, LOTS of people. People from all walks of life will be able to find a job but more importantly, find better jobs with better pay.

As Ronald Reagan said, “The best social program is a job”. Lowering corporate and business taxes (which were way too high to begin with), will do that: bringing lots of jobs and career opportunities to everyone.


34 posted on 12/30/2017 6:38:13 AM PST by TMA62 (Al Sharpton - The North Korea of race relations)
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To: upbeat5

Expect to see this in all the ads for 2018. What a pos.


35 posted on 12/30/2017 6:40:20 AM PST by nhwingut (Trump Pence 16 - Blow Up DC)
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He’s a con-artist. Wasn’t he caught in Florida as a State Rep illegally using funds for his personal life? His comments on the tax cut sound like what a Democrat would say.


36 posted on 12/30/2017 6:41:05 AM PST by TakebackGOP
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To: upbeat5

Someone should tell Little Marco that a corporation is a group of individuals.


37 posted on 12/30/2017 6:44:24 AM PST by bray (Pray for President Trump)
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To: upbeat5

“By and large, you’re going to see a lot of these multinationals buy back shares to drive up the price. Some of them will be forced, because they’re sitting on historic levels of cash, to pay out dividends to shareholders.”

There’s no real economic difference between a share buyback and a dividend. To illustrate: imagine a company has $10bn in stock outstanding and $1bn in cash. It distributes the $1bn in a dividend ratably to all investors. Every investor gets cash equal to 10% of the value of their shares.

Alternatively the company can buy back 10% of its stock for $1bn. If every investor sold 10% of their shares to the company, they would each get 10% of the value of their shares in cash, and at the end they would still own the same % of the company they started out with. They would own fewer shares numerically, but because there are fewer overall shares of the company outstanding, the same stake in the company.

The differences between the two are mainly taxes (which are different for selling shares and receiving a dividend) and investor preference (you have to take a dividend but you don’t have to sell your shares into a buyback).

But my point is, share buybacks and a dividends are just two common means for a company to distribute cash to existing shareholders, and if Rubio thinks that a dividend is somehow good and a share buyback is somehow pointless, he is clueless.


38 posted on 12/30/2017 6:44:28 AM PST by edwinland
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To: upbeat5

“Little Marco staying true to form....”

Another brilliant, intellectual, Progressive genius.

IMHO


39 posted on 12/30/2017 6:45:23 AM PST by ripley (ose who dis)
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To: upbeat5
Sen. Marco Rubio thinks

Had to stop right there. Obviously this is fake news and not worth the time.

Besides, who cares what Rubio thinks?

40 posted on 12/30/2017 6:46:18 AM PST by upchuck (President Trump is great because he actually runs something other than his mouth!)
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