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The Wall Street Journal
The Wall Street Journal
The Wall Street Journal
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@WSJ

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The Wall Street JournalVerified account

@WSJ

Breaking news and features from the WSJ.

New York, NY
wsj.com
Joined April 2007

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    The Wall Street Journal‏Verified account @WSJ 17 Dec 2017

    U.S. fuel makers are poised to reap billions under a sweeping GOP tax overhaul. But don’t expect them to expand, go on a hiring binge, or lower prices at the pump.http://on.wsj.com/2CqR525 

    1:00 PM - 17 Dec 2017
    • 102 Retweets
    • 76 Likes
    • Redonda Lane Patricia  ORielly MELEK ONE GOAT Joseph Chen Akil Brown Tirtho Kundu Lowanda Kail Kamran Walwat
    36 replies 102 retweets 76 likes
      1. Beth-Ane Dorst‏ @Tat2edGran 17 Dec 2017
        Replying to @WSJ

        No, it was Cornyn who snuck a wee gift for himself and Cruz and their oil/ gas buddies into tax scam. Pocket money..stolen from our future. With no reason to change the status quo, pay will continue to be stagnant and money will go offshore..no taxes!

        0 replies 1 retweet 3 likes
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      1.  🌹‏Verified account @therealezway 17 Dec 2017
        Replying to @WSJ

        #ProtectMueller #StopGOPTaxScam

        0 replies 1 retweet 4 likes
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      1. Deborah Gahres‏ @DLGahres 17 Dec 2017
        Replying to @WSJ

        GOP... gimme, gimme, gimme.

        0 replies 1 retweet 1 like
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      1. Dmorin‏ @Dmorin74761828 17 Dec 2017
        Replying to @WSJ

        #cartels

        0 replies 1 retweet 1 like
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      1. Brooks A. Mick‏ @SailFree 17 Dec 2017
        Replying to @WSJ

        Wherever the money goes, it is back in the country, it is out of the hands of government bureaucrats, and it will likely be beneficial to the economy.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Jack‏ @Sentinel997 17 Dec 2017
        Replying to @WSJ

        Wow what a shocker, they’re going to keep the billions they save on the tax plan? Who knew...

        1 reply 0 retweets 1 like
      3. 1 more reply
      1. New conversation
      2. JP BLITZ‏ @joepatch52 17 Dec 2017
        Replying to @WSJ

        Dotard still thinking companies will hire and expand even when they tell him it's not happening. It's going to dividends.

        1 reply 0 retweets 0 likes
      3. affordlife‏ @affordlife 17 Dec 2017
        Replying to @joepatch52 @WSJ

        Does it matter where corps put it? Money enters the financial markets one way or another rather than to government...

        1 reply 0 retweets 0 likes
      4. JP BLITZ‏ @joepatch52 17 Dec 2017
        Replying to @affordlife @WSJ

        It doesn't matter but Trump keeps promising jobs, expansion, higher wages and things his base wants to hear. It will go to dividends and CEO bonuses.

        1 reply 0 retweets 1 like
      5. affordlife‏ @affordlife 17 Dec 2017
        Replying to @joepatch52 @WSJ

        So? If it goes to ceos or dividends, it still goes to boosting growth and economy. Where do ceos hold their money? In banks. What do banks do with the money? Lend it to business. What do businesses do? Employ people.

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. New conversation
      2. Beer-thirty‏ @ezy06001 17 Dec 2017
        Replying to @WSJ

        Yes. Cash usually goes to stock buy back and dividend. It's their money. If we prefer they keep it out of the country, just say so. Corp tax rate cut will spur capital improvement and hiring.

        1 reply 0 retweets 0 likes
      3. Raquel‏ @RaquelMinkey 17 Dec 2017
        Replying to @ezy06001 @WSJ

        pic.twitter.com/P0UAckueoS

        3 replies 0 retweets 1 like
      4. affordlife‏ @affordlife 17 Dec 2017
        Replying to @RaquelMinkey @ezy06001 @WSJ

        Would u rather have everybody get wealthier or everybody be poorer? Inequality is code for socialism. Look into Venezuela...

        1 reply 0 retweets 0 likes
      5. Beer-thirty‏ @ezy06001 17 Dec 2017
        Replying to @affordlife @RaquelMinkey @WSJ

        Wealth inequality in the US blossomed in the 80s. Last admin policies didn't slow it (grew it)

        0 replies 0 retweets 0 likes
      6. End of conversation
      1. New conversation
      2. Dutronc on a roof‏ @NewPatriotMan 17 Dec 2017
        Replying to @WSJ

        No hiring or economic boom will come from the tax giveaway to corporations.

        1 reply 0 retweets 0 likes
      3. affordlife‏ @affordlife 17 Dec 2017
        Replying to @NewPatriotMan @WSJ

        What do u think corps do with extra money?

        1 reply 0 retweets 0 likes
      4. Dutronc on a roof‏ @NewPatriotMan 17 Dec 2017
        Replying to @affordlife @WSJ

        Lately they’ve been holding huge sums in cash, sometimes keeping it offshore, too. They had about $2 Trillion in cash in 2016.

        1 reply 0 retweets 0 likes
      5. affordlife‏ @affordlife 17 Dec 2017
        Replying to @NewPatriotMan @WSJ

        Cash is in a bank. What do banks do with that? Lend it. You’re welcome Econ 101.

        2 replies 0 retweets 0 likes
      6. Dutronc on a roof‏ @NewPatriotMan 17 Dec 2017
        Replying to @affordlife @WSJ

        Apple has $240B overseas. Bill actually encourages US corporate to move jobs overseas. Favors tax havens.

        1 reply 0 retweets 0 likes
      7. affordlife‏ @affordlife 17 Dec 2017
        Replying to @NewPatriotMan @WSJ

        False. Reduces tax for money coming back from overseas. Incetivizes repatriation. Still, money gets held in banks which lend to other biz and promotes growth.

        2 replies 0 retweets 0 likes
      8. Dutronc on a roof‏ @NewPatriotMan 17 Dec 2017
        Replying to @affordlife @WSJ

        Territorial system will encourage shift to foreign income and tax havens for profits.

        1 reply 0 retweets 0 likes
      9. affordlife‏ @affordlife 18 Dec 2017
        Replying to @NewPatriotMan @WSJ

        High Corp taxes currently shift people to look elsewhere. Not reductions.

        1 reply 0 retweets 0 likes
      10. 5 more replies

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