Down side to Trump's tax cuts

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  • Ken The Kanuck
    Very Senior Member - OFC
    • Aug 2009
    • 4094
    #1

    Down side to Trump's tax cuts

    Something I had not thought of, apparently Walmart is expanding into India and buying an online shopping company called "Flip Cart" because of tax cuts.

    Maybe the tax cuts should of been tied to using the money in the US to create jobs?

    KTK

    Walmart wins battle for India's Flipkart
    http://www.bbc.com/news/business-44050180
    The US giant is paying about $16bn for a 77% stake in India's biggest online retailer.
    Tags: None
    • bruce
      Senior Member
      • Sep 2009
      • 3759
      #2
      Haven't seen anything of a tax cut in my wallet. Sincerely. bruce.
      " Unlike most conservatives, libs have no problem exploiting dead children and dancing on their graves."

        Comment

        • Roadkingtrax
          Senior Member
          • Feb 2010
          • 7835
          #3
          American labor is too expensive.
          "The first gun that was fired at Fort Sumter sounded the death-knell of slavery. They who fired it were the greatest practical abolitionists this nation has produced." ~BG D. Ullman

            Comment

            • Allen
              Moderator
              • Sep 2009
              • 10580
              #4
              Originally posted by bruce
              Haven't seen anything of a tax cut in my wallet. Sincerely. bruce.
              You will when you file your 2018 income taxes. The difference won't make you rich but at least for the first time taxes are going down.

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                • Johnny P
                  Senior Member
                  • Aug 2009
                  • 6258
                  #5
                  Who cares if they open a store in India. The clerks will all sound like your AT&T representative, and will be "Bill" or "Jane".

                    Comment

                    • pmclaine
                      Senior Member
                      • Jan 2010
                      • 2555
                      #6
                      Originally posted by Roadkingtrax
                      American labor is too expensive.
                      The alternative is even more expensive in the long run.

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