12-20-2017, 09:35 PM
(12-20-2017, 07:56 PM)Bengalzona Wrote: I suspect some good and some bad will come from this. Some jobs will be created (good). Class income differential will skyrocket (bad). American companies will bring more money back into the U.S. and will use it (good). Our deficit will skyrocket, we will borrow massive amounts of money from China, and Paul Ryan will call for Congress to 'commandeer' Social Security funds (warfare in the streets type bad).
We'll see.
There is absolutely no reason to believe that repatriation will do any good for anyone other than the already rich shareholders of billion dollar companies. Like mostly everything in this reform, it has already been done, and has not worked, at least for he "little guys" we're told it helps.
People are going to see an extra couple hundred bucks in their pocket, all while the ultra wealthy will pocket millions. But many people can't see beyond the end of their noses and realize this bill is a time bomb.
