WSJ Tax Guide 2019: What Investors Need to Know

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Companies will save $223.6 billion in taxes on foreign profits over the next decade under the tax overhaul, according to congressional estimates

 

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Tax overhaul is a necessity so don't get attached to this plan.

Isn’t that what trickledown economics is all about? For decades Republicans have argued that wealth should be concentrated in the hands of the rich because (a) they are most deserving and(b) they are best suited to handle it.

And we as individuals pick up the tab. Fucking great

Taxes would not have been paid on these foreign profits since the Companies would have kept the profits overseas and not brought them back to the US. New tax law allows them to bring the profits back for investment here. Comparable to tax laws everywhere else in the world.

Isn't that the idea of a tax cut?!

Employees will receive $0 in earnings on company profits over the next decade under the tax overhaul according to population estimates.

'save' is another word for avoid.

And I along with millions just like me will lose thousands. Isn't the GOP grand?

Looks like it just benefits the rich. Oh right Trumps admin Fleecing the taxpayers making rich richer enjoy golfing realDonaldTrump

That’s good for America, bad for the Socialists, Communists, Marxists and Progressives (sometimes these are the same thing)!

Corporate welfare at expense of American taxpayers

Thanks, MarALardass.

So the average American taxpayer is getting screwed in the name of “corporate welfare”!

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