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WSJ's profile
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 Jan 16

    Big companies have long stashed foreign profits outside the U.S. to avoid the taxman. The bill is about to come due http://on.wsj.com/2FIoZSw pic.twitter.com/AviYjo3ijO

    7:50 AM - 16 Jan 2018
    • 85 Retweets
    • 113 Likes
    • Mary Sek Joseph Quattrocchi 𝚊𝚍𝚛𝚒𝚊𝚗𝚎 👻 Gage Tommy Wolfe Emily Sebast Camilo Iraizoz TheHousse RAKESH.K.S
    15 replies 85 retweets 113 likes
      1.  👁️‏ @FemiAbodunde Feb 2
        Replying to @WSJ

        Almost a quarter trillion just sitting in foreign countries, just in taxes. think about it......American businesses are so deeply entrenched in the world, if they fail entire countries would fail.

        0 replies 1 retweet 0 likes
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      1. Bodezaffa‏ @Bodezaffa Jan 16
        Replying to @WSJ

        2nd sentence of second paragraph has obvious typo....wtf...intentional to confuse? Incompetence?

        0 replies 0 retweets 1 like
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      1. Mary Hilton‏ @FMHilton Jan 16
        Replying to @WSJ

        And then they'll ask for tax exemptions claiming that they're too broke to pay the taxes on the money they off-shored for so long.

        0 replies 0 retweets 1 like
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      1. Dave Johnson‏ @dcjohnson Jan 16
        Replying to @WSJ @RichardRubinDC

        "The bill" is a HUGE break from the 35% they owed on those profits.

        0 replies 0 retweets 1 like
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      1.  👁️‏ @FemiAbodunde Feb 2
        Replying to @WSJ

         👁️ Retweeted Richard Rubin

        https://twitter.com/RichardRubinDC/status/953784248053456896 …

         👁️ added,

        Richard RubinVerified account @RichardRubinDC
        And just a general reminder that these taxes are due no matter whether they bring the money back or not, whether they use it for dividends or factories. 8/end.
        Show this thread
        0 replies 0 retweets 0 likes
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      1.  👁️‏ @FemiAbodunde Feb 2
        Replying to @WSJ

         👁️ Retweeted Richard Rubin

        https://twitter.com/RichardRubinDC/status/756327165130600448 …

         👁️ added,

        Richard RubinVerified account @RichardRubinDC
        Because this is my lot in life, I will note, again, that the US is a low-tax country.
        0 replies 0 retweets 0 likes
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      1. Connecting the Dots‏ @connectingd3 Jan 16
        Replying to @WSJ

        How? The bill will be 10% to bring it back. Not bad. In addition, US Companies will take major write-offs in the 4th qtr of 2017 to get 35% relief and pay 22% in 2018. This may bring a correction to the Dow as earnings come out. GE is the beginning.

        0 replies 0 retweets 0 likes
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      1. Cory Bain‏ @Threefeet3 Jan 16
        Replying to @WSJ

        well there's your problem

        0 replies 0 retweets 0 likes
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      1. kim kendall‏ @structure1954 Jan 16
        Replying to @WSJ

        false data: trillions being held off shore

        0 replies 0 retweets 0 likes
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      1. Karen Medlyl‏ @MedleyDevonte Jan 16
        Replying to @WSJ

        https://youtu.be/uFiL4KMK-Co 

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