Australia's largest stock trading and investment forum Australia's #1 stock forum

" The New America” is birthing?, page-21

First 21 Last

Share
Profile

Follow
TruffleDog

5,009 Posts.

122

06/01/21

10:17

Post #: 49971101
Share

Originally posted by skiptdouglas: ↑

35 percent ? Really ?

https://taxfoundation.org/joe-biden-tax-plan-2020/

-Increase the corporate income tax to 28%

-Imposing a new 10 percent surtax on corporations that “offshore manufacturing and service jobs to foreign nations in order to sell goods or provide services back to the American market.”[8] This surtax would raise the effective corporate tax rate on this activity up to 30.8 percent.

Establishing an advanceable 10 percent “Made in America” tax credit for activities that restore production, revitalize existing closed or closing facilities, retool facilities to advance manufacturing employment, or expand manufacturing payroll.[9]

Maybe you should sell all your US stocks and stuff the cash under your pillow?

Expand

Same difference, they'll get a better deal elsewhere.
3 Upvote

Reply

Top Stories

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

There are more pages in this discussion • 43 more messages in this thread...

First 21 Last

SPONSORED BY