Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: DoodleDawg
...executives from major companies including Cisco Systems, Pfizer, Coca-Cola, Amgen and Honeywell have said they plan to use the windfall from the corporate tax cut to first increase stock dividends or to buy back shares.

Where the the dividends or sale profits will generate 20% Cap Gains taxes for those that receive distributions or buybacks, Increasing Federal government revenue negating the necessity of high Federal tax rates.

9 posted on 11/30/2017 1:11:15 PM PST by Navy Patriot (America returns to the Rule of Law)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Navy Patriot
Where the the dividends or sale profits will generate 20% Cap Gains taxes for those that receive distributions or buybacks, Increasing Federal government revenue negating the necessity of high Federal tax rates.

But Congress keeps telling us that these tax cuts will result in higher wages for employees. Comments from the major companies seem to indicate otherwise.

20 posted on 11/30/2017 1:21:31 PM PST by DoodleDawg
[ Post Reply | Private Reply | To 9 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson