Posted on 12/28/2017 2:11:54 PM PST by Red Badger
President Donald Trump can make corporate America great, or at least more competitive, after he signed the tax bill into law Friday, according to a MarketWatch survey of the large multinational members of Dow Jones Industrial Average.
Almost all the companies that responded applauded the legislation, mostly in the broadest sense and largely in corporate-speak without specifics, saying the lowered corporate tax rate would “allow” or “enhance” the ability of U.S.-headquartered companies to compete more fairly with overseas-based companies. The new tax law lowers the maximum corporate tax rate to 21% from 35%.
Although a few companies said the new tax code will make it easier to reinvest in their U.S. businesses, so far only one Dow member has officially laid out a plan of action for some of the tax savings.
It’s easy to see why the Dow’s companies are so supportive of the bill. The Dow DJIA, +0.26% has gained 2.0% this month, and 11.1% over the past three months.
(Excerpt) Read more at marketwatch.com ...
MAGA! Is there ANY downside to this? I can’t think of any, other than my precious metals might take a slight hit. :(
However, my IRA sure is cookin’ away! Seven more years of President Trump and I’ll be considered, ‘Middle Class,’ LOL!
Precious metals will always be worth what they are.
It’s the paper money that fluctuates..............
Keep in mind stocks are currently 10% more overvalued compared to October 1929 before the crash. Trade Safe!
Across the United States Questions are Being Asked: How can we grow our Businesses and How Many NEW EMPLOYEES will it take?
Liberal politicians are asking:
How can we get our hands on that dough!?!?!?!?!?.......
I’m well-diversified:
IRA, Metals, Land, No Debt, Cash, Ammo, Sturdy Boots, Warm Socks, Manual Can Opener, Chocolate... ;)
I use Dave Ramsey’s 4-area investment, ‘strategery.’ ;)
Bible, Bullets, Beans,
Guns, Grub, and Guns
saved
LOL!
Your list reminds me of my days in the 132d Support Battalion, 32d RED ARROW Brigade:
“What is your Mission, Soldier?”
“Moving Bullets, Beans and Gasoline to The Front, Sir!” :)
...and carrying my Bible, Sir!!
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