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SharylAttkisson's profile
Sharyl Attkisson
Sharyl Attkisson
Sharyl Attkisson
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@SharylAttkisson

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Sharyl AttkissonVerified account

@SharylAttkisson

Investigative Journalist @FullMeasureNews *Note* RTs not=endorsement; RTs may be interesting, silly, wrong, outrageous. Question authority. Think for yourself.

Washington, DC
SharylAttkisson.com
Joined October 2010

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    Sharyl Attkisson‏Verified account @SharylAttkisson Jan 14

    Sharyl Attkisson Retweeted Sasha Chavkin

    A view on the tax cut law--and what it will do for corporations... @sashachavkinhttps://twitter.com/sashachavkin/status/952561696417165313 …

    Sharyl Attkisson added,

    Sasha ChavkinVerified account @sashachavkin
    The GOP tax law cut the US corporate tax rate to 21% and allows companies to bring home money stashed offshore at even lower rates:15.5% and 8%. This rewards them for having gone offshore before - and incentivizes them to keep doing it.
    Show this thread
    9:01 AM - 14 Jan 2018
    • 13 Retweets
    • 28 Likes
    • Jazzymsc Handley R Sterling Spector George T GlobalMinority ❌ Wayne Berwick Willie Lora Jim Novak Patricia L
    10 replies 13 retweets 28 likes
      1. J. H.‏ @cruesome Jan 14
        Replying to @SharylAttkisson @sashachavkin

        No, it encourages them to bring the money back and stop hiding it overseas. How stupid do you have to be to prefer the status quo? Because these companies WERE NOT going to change their behavior until the penalties disappeared.

        0 replies 0 retweets 4 likes
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      1. Michael D. Sumner‏ @DMikesum Jan 14
        Replying to @SharylAttkisson @sashachavkin

        Except, high taxes and regulations are what has been sending them there. For the last 30 years. There's that.

        0 replies 0 retweets 2 likes
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      1. Dave Tente‏ @dave_tente Jan 14
        Replying to @SharylAttkisson @sashachavkin

        Great show today...let’s also not forget that Bill Clinton promised a middle class tax cut in 1992. In 2017, Trump fulfilled this commitment

        0 replies 0 retweets 1 like
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      1. Swamp Buggy‏ @swampbuggyguy Jan 14
        Replying to @SharylAttkisson @sashachavkin

        I just dont understand this whole "stashed offshore" scenerio. Has this $ ever been taxed as income? Has it been hidden from irs and sent offshore? I am getting the general idea that Sasha is suggesting a company should be taxed twice on same $$

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      1. Les‏ @lsmith7972 Jan 14
        Replying to @SharylAttkisson @sashachavkin

        What a wack head this guy is. A low domestic tax rate will encourage more movement offshore. Sure

        0 replies 0 retweets 0 likes
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      1. Jeff Dressler‏ @atime4truth Jan 14
        Replying to @SharylAttkisson @sashachavkin

        This doesn't compute if you bring billions of dollars back to this country it has to benefit somebody who in turn will use it to benefit somebody through purchases or Investments. Unless they put it under their mattress which isn't going to happen.

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      1.  🇺🇸KissMyBot‏ @DwightCooper16 Jan 14
        Replying to @SharylAttkisson @sashachavkin

        Seems like the alternatives are to either forbid US corporations from offshore business, or from US soil, period.

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      1. Politiwars‏ @politiwars Jan 14
        Replying to @SharylAttkisson @sashachavkin

        She and the WSJ conveniently leaving out that foreign investors now have more of an incentive to bring money into the U.S. And that has some countries worried.https://global.handelsblatt.com/politics/germans-fear-huge-loss-of-jobs-from-us-tax-reform-865577 …

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      1. GOP DEADHEAD‏ @GOPDeadhead Jan 14
        Replying to @SharylAttkisson @sashachavkin

        I had suggested in order to bring back these funds a significant % of it MUST be reinvested in plant & equip to qualify for tax breaks.

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