Donald
- Thread starter Buy1Sell2
- Start date
Pretty good thread there.
See that, he's throwing red meat to the Religious and the Racists, 2 of the 3 big Trump supporters out there.
Add this Woodward book to Nike sneakers and NFL jerseys that the Whiteys have to burn or are currently burning.
Trump Promised a Rush of Repatriated Cash, But Company Responses Are Modest
President Trump had said trillions of dollars would flow back to the U.S. quickly in the wake of the new tax law, but a WSJ analysis finds many companies are taking their time
U.S. companies have moved cautiously in repatriating profits stockpiled overseas in response to last year’s tax-law rewrite, after the Trump administration’s assertions that trillions of dollars would come home quickly and supercharge the domestic economy.
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“We expect to have in excess of $4 trillion brought back very shortly,” President Trump told executives assembled at his golf course in Bedminster, N.J., in August. “Over $4 [trillion], but close to $5 trillion, will be brought back into our country. This is money that would never, ever be seen again by the workers and the people of our country.”
The Wall Street Journal reviewed securities filings from 108 publicly traded companies accounting for the vast majority of an estimated $2.7 trillion in profits parked abroad, and asked each company what it was doing with the funds. In their filings and responses, they said they have repatriated about $143 billion so far this year.
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