Wrapping up Econ 101 for Hondo

2001400ex said:

show previous quotes

HoustonHusky said:

2001400ex said:

HoustonHusky said:

PurpleThrobber said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

RaceBannon said:

40 billion in revenue helps everyone.

Middle class folks have stocks

Buying and expanding makes jobs


Can't even handle a 101 class. Sad!

All that being said, the democrats lied their ass off about this tax cut

$40 billion in revenue is dwarfed in comparison to the tax cut from the 35% to 21% and was used to "help pay for that". It's like basic math is lost on you.

Not to mention that the middle class owns very little of the stock market.

$40 Billion from 1 single company is over 10% of the total in what the govt took in last year from corporate taxes...that's the entire point. Incentivize companies not to take/park their earnings through Ireland or other European countries that have low corporate tax rates and instead have them bring back here.

God you are a fucking moron.

So corporations get a 40% tax cut indefinitely. Just say corporations aggregate to bring back one years income, which is probably generous. That is taxed at 15.5% and a one time thing. So first year, there is a net deficit. Then there's the rest of the years until Congress changes the tax code. Still a net fucking loss.

Were you dropped on your head as a child or just plain ignorant?

Moving the goalposts again and yet you still are a fucking moron.

One simple example... They shift money/revenue around so that they minimize their revenue exposed to taxes here...with more competitive corporate rates you are already seeing that change. Only a moron like you can’t seem to comprehend this.

Go distract yourself with shiny objects or go stack blocks...you know, something a little more in your wheelhouse.

Komo4

And no my goalposts didn't move. I responded to a different quote. Dumbass.

Too dumb to use Google, eh? Big surprise.

I’ll give you several links, but only on the condition that when they say pretty much exactly what I said you will admit you are wrong and move along to spamming the board with some other nutjob topic.

Agree? And if not go fuck your low IQ self off...

I would be interested to see factually where Microsoft lost $300 million in all US operations.

Noncommittal....fuck off low IQ lapdog.

You said this: Microsoft made something like $20 billion overseas yet managed to lose $300 million here in the US.

I'm waiting for your support for that comment. Or you can keep calling me a moron.

HRYK - not even close to accurate.

MSFT doesn't report net income by segment - but they derived about 50% of their revenue in the USA. As well, their tax provision for the FYE 6/30/17 (US portion) was a little over $2.7 Billion. Not going to get into all the deferred tax mumbo jumbo -but it's pretty fair to estimate US net income was somewhere around half of their total NET income for all global operations.'

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12205633#MSFT-10K_20170630_HTM_ITEM_8_FINANCIAL_STATEMENTS_AND_SUPPLEM

Go look at their 2016 numbers and get back to me...

Strange why you don't have a link.

If you think I'm wrong feel free to agree to my original ask...otherwise go fuck yourself.

You've gone 2 pages without posting any support.

PurpleThrobber said:

show previous quotes

2001400ex said:

HoustonHusky said:

PurpleThrobber said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

RaceBannon said:

40 billion in revenue helps everyone.

Middle class folks have stocks

Buying and expanding makes jobs


Can't even handle a 101 class. Sad!

All that being said, the democrats lied their ass off about this tax cut

$40 billion in revenue is dwarfed in comparison to the tax cut from the 35% to 21% and was used to "help pay for that". It's like basic math is lost on you.

Not to mention that the middle class owns very little of the stock market.

$40 Billion from 1 single company is over 10% of the total in what the govt took in last year from corporate taxes...that's the entire point. Incentivize companies not to take/park their earnings through Ireland or other European countries that have low corporate tax rates and instead have them bring back here.

God you are a fucking moron.

So corporations get a 40% tax cut indefinitely. Just say corporations aggregate to bring back one years income, which is probably generous. That is taxed at 15.5% and a one time thing. So first year, there is a net deficit. Then there's the rest of the years until Congress changes the tax code. Still a net fucking loss.

Were you dropped on your head as a child or just plain ignorant?

Moving the goalposts again and yet you still are a fucking moron.

One simple example... They shift money/revenue around so that they minimize their revenue exposed to taxes here...with more competitive corporate rates you are already seeing that change. Only a moron like you can’t seem to comprehend this.

Go distract yourself with shiny objects or go stack blocks...you know, something a little more in your wheelhouse.

Komo4

And no my goalposts didn't move. I responded to a different quote. Dumbass.

Too dumb to use Google, eh? Big surprise.

I’ll give you several links, but only on the condition that when they say pretty much exactly what I said you will admit you are wrong and move along to spamming the board with some other nutjob topic.

Agree? And if not go fuck your low IQ self off...

I would be interested to see factually where Microsoft lost $300 million in all US operations.

Noncommittal....fuck off low IQ lapdog.

You said this: Microsoft made something like $20 billion overseas yet managed to lose $300 million here in the US.

I'm waiting for your support for that comment. Or you can keep calling me a moron.

HRYK - not even close to accurate.

MSFT doesn't report net income by segment - but they derived about 50% of their revenue in the USA. As well, their tax provision for the FYE 6/30/17 (US portion) was a little over $2.7 Billion. Not going to get into all the deferred tax mumbo jumbo -but it's pretty fair to estimate US net income was somewhere around half of their total NET income for all global operations.'

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12205633#MSFT-10K_20170630_HTM_ITEM_8_FINANCIAL_STATEMENTS_AND_SUPPLEM

Go look at their 2016 numbers and get back to me...

Strange why you don't have a link.

Their most recent fiscal year end is 2017.

If I recall they wrote down their purchase of Nokia during the year referenced. Might be off by a year but that was a massive hit.

2001400ex said:

show previous quotes

HoustonHusky said:

PurpleThrobber said:

2001400ex said:

HoustonHusky said:

PurpleThrobber said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

HoustonHusky said:

2001400ex said:

RaceBannon said:

40 billion in revenue helps everyone.

Middle class folks have stocks

Buying and expanding makes jobs


Can't even handle a 101 class. Sad!

All that being said, the democrats lied their ass off about this tax cut

$40 billion in revenue is dwarfed in comparison to the tax cut from the 35% to 21% and was used to "help pay for that". It's like basic math is lost on you.

Not to mention that the middle class owns very little of the stock market.

$40 Billion from 1 single company is over 10% of the total in what the govt took in last year from corporate taxes...that's the entire point. Incentivize companies not to take/park their earnings through Ireland or other European countries that have low corporate tax rates and instead have them bring back here.

God you are a fucking moron.

So corporations get a 40% tax cut indefinitely. Just say corporations aggregate to bring back one years income, which is probably generous. That is taxed at 15.5% and a one time thing. So first year, there is a net deficit. Then there's the rest of the years until Congress changes the tax code. Still a net fucking loss.

Were you dropped on your head as a child or just plain ignorant?

Moving the goalposts again and yet you still are a fucking moron.

One simple example... They shift money/revenue around so that they minimize their revenue exposed to taxes here...with more competitive corporate rates you are already seeing that change. Only a moron like you can’t seem to comprehend this.

Go distract yourself with shiny objects or go stack blocks...you know, something a little more in your wheelhouse.

Komo4

And no my goalposts didn't move. I responded to a different quote. Dumbass.

Too dumb to use Google, eh? Big surprise.

I’ll give you several links, but only on the condition that when they say pretty much exactly what I said you will admit you are wrong and move along to spamming the board with some other nutjob topic.

Agree? And if not go fuck your low IQ self off...

I would be interested to see factually where Microsoft lost $300 million in all US operations.

Noncommittal....fuck off low IQ lapdog.

You said this: Microsoft made something like $20 billion overseas yet managed to lose $300 million here in the US.

I'm waiting for your support for that comment. Or you can keep calling me a moron.

HRYK - not even close to accurate.

MSFT doesn't report net income by segment - but they derived about 50% of their revenue in the USA. As well, their tax provision for the FYE 6/30/17 (US portion) was a little over $2.7 Billion. Not going to get into all the deferred tax mumbo jumbo -but it's pretty fair to estimate US net income was somewhere around half of their total NET income for all global operations.'

https://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=12205633#MSFT-10K_20170630_HTM_ITEM_8_FINANCIAL_STATEMENTS_AND_SUPPLEM

Go look at their 2016 numbers and get back to me...

Strange why you don't have a link.

Their most recent fiscal year end is 2017.

If I recall they wrote down their purchase of Nokia during the year referenced. Might be off by a year but that was a massive hit.

That write down was 4Q FY2015.

But yes, they do what they can to move income, including taking advantage of one-off events and such to write down income in higher tax areas. It’s also why they “base” many of their profitable businesses in Ireland, Singapore, and even Puerto Rico.

It doesn't matter where the operations are based. It matters where the income is earned. And you still haven't shown where Microsoft has $20 billion of income overseas and $300 million loss domestically.