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Re: Companies announce they will pass tax savings to shareholders

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@afisher wrote:

Reminder:   30% of the shareholders are not US Citizens..    That means that one third of the tax cuts to corporations will immediately be sent to foreign countries    


And also means that you need to call your local congresspeople, senators, representatives and tell them to vote 'no' on the latest tax scam bill.

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Re: Companies announce they will pass tax savings to shareholders

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Image result for piss on me and tell me it's raining


"FAKE 45 #illegitimate" read a sign at the Woman's March in Washington DC, January 21, 2017.
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Re: Companies announce they will pass tax savings to shareholders

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Reminder:   30% of the shareholders are not US Citizens..    That means that one third of the tax cuts to corporations will immediately be sent to foreign countries    

PRO-LIFE is Affordable Healthcare for ALL .
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Re: Companies announce they will pass tax savings to shareholders

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RE: passing on profit to shareholders. Well, of course they will, that is what they do, it is what they have always done. Anything else is just more Republican spin.

 RE: Rubio—this fool just made my point with regard to the raping of the lower to middle class and the elderly.  

And again I must ask why white collared workers or the elderly would EVER vote for the party of greed—the Republican Party.

 

 

Gee, I miss having a real president!

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Re: Companies announce they will pass tax savings to shareholders

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Richva:  Ah the tangled web we weave when first we play with the study of economics. There is no reason to give companies a tax break in the middle of the Obama created economic boom. Yet, the argument has been that these tax refunds will be passed to workers and investments.............................but no reason why a rational corporate executive should do this. NOW, corporations are announcing how much they will be able to increase dividends when these deficit increasing tax cuts hit. Oh boy.

 

 

As always, Republicans are lying through their teeth. Here's what we can expect to get out of the giveaway to the rich:

 

 

Rubio: Offset Tax Cuts By Reducing Social Security, Medicare Benefits

https://www.fa-mag.com/news/rubio--offset-tax-cuts-by-reducing-social-security--medicare-benefits-35...

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Companies announce they will pass tax savings to shareholders

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Ah the tangled web we weave when first we play with the study of economics. There is no reason to give companies a tax break in the middle of the Obama created economic boom. Yet, the argument has been that these tax refunds will be passed to workers and investments.............................but no reason why a rational corporate executive should do this. NOW, corporations are announcing how much they will be able to increase dividends when these deficit increasing tax cuts hit. Oh boy.

 

Major companies including Cisco Systems Inc., Pfizer Inc. and Coca-Cola Co. say they’ll turn over most gains from proposed corporate tax cuts to their shareholders, undercutting President Donald Trump’s promise that his plan will create jobs and boost wages for the middle class.

 The president has held fast to his pledge even as top executives’ comments have run counter to it for months. Instead of hiring more workers or raising their pay, many companies say they’ll first increase dividends or buy back their own shares.
 Robert Bradway, chief executive of Amgen Inc., said in an Oct. 25 earnings call that the company has been “actively returning capital in the form of growing dividend and buyback and I’d expect us to continue that.” Executives including Coca-Cola CEO James Quincey, Pfizer Chief Financial Officer Frank D’Amelio and Cisco CFO Kelly Kramer have recently made similar statements.

 

https://www.bloomberg.com/news/articles/2017-11-29/trump-s-tax-promises-undercut-by-ceo-plans-to-rew...

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