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Nov 3 2018 02:00pm
Quote (ofthevoid @ Nov 3 2018 02:45pm)
It's one side of the coin, you realize that the benefits of the tax cuts are larger than the costs incurred from the tariffs right?

Another point on the tariffs, let's say the tariff collected on foreign steel coming here is 25%. That 25% doesn't magically poof into thin air, that collected tariff goes to our treasury, so it still has the same effect as domestic taxation.


Ford already stated that any net benefits from the tax bill were recognized in 2017, not 2018. And that was a $400 million benefit then. Not close to $1.6B.

https://www.foxbusiness.com/politics/ford-cfo-gop-tax-plan-helped-earnings-in-2017-not-2018


This post was edited by Surfpunk on Nov 3 2018 02:01pm
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Nov 3 2018 02:05pm
Quote (Goomshill @ Nov 3 2018 02:35pm)


i see nothing wrong with this and find the results quite hilarious

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Nov 3 2018 02:17pm
Quote (duffman316 @ Nov 3 2018 04:05pm)
i see nothing wrong with this and find the results quite hilarious

https://i.imgur.com/6GtW9BX.png


Interesting. Knowing google, they might zucc the reviews like they did with Red Hen
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Nov 3 2018 02:26pm
Quote (duffman316 @ Nov 3 2018 02:05pm)
i see nothing wrong with this and find the results quite hilarious

https://i.imgur.com/6GtW9BX.png


WHAT IS WRONG WITH THIS CONSERVATIVE CULTURE OF CENSORSHIP AND TRYING TO DESTROY BUSINESSES WHO FREELY ASSOCIATE WITH WHO THEY WANT!?!?!?!?!?
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Nov 3 2018 02:31pm
Quote (Thor123422 @ Nov 3 2018 10:26pm)
WHAT IS WRONG WITH THIS CONSERVATIVE CULTURE OF CENSORSHIP AND TRYING TO DESTROY BUSINESSES WHO FREELY ASSOCIATE WITH WHO THEY WANT!?!?!?!?!?


what censorship triggered dummy?

they freely review the company based on its recent actions
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Nov 3 2018 02:37pm
Quote (Goomshill @ 3 Nov 2018 15:35)

some privileged lefty wrote that email for sure. thus completing the irony circuit
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Nov 3 2018 03:18pm
Quote (Surfpunk @ Nov 3 2018 01:00pm)
Ford already stated that any net benefits from the tax bill were recognized in 2017, not 2018. And that was a $400 million benefit then. Not close to $1.6B.

https://www.foxbusiness.com/politics/ford-cfo-gop-tax-plan-helped-earnings-in-2017-not-2018


How can a tax cut benefit only be realized in a single year? Do taxes go back up to the original pre-tax cut rate in 2018 or after?

Quote
Analysts estimate the levies will add about $300 to the price of vehicles bought in U.S. showrooms. That is about enough to cover some options offered by car makers.


Let's say the avg vehicle is 25,000. 300/25,000=1.2% Increase from tariff based on steel prices going up...which would most likely be passed onto the consumer regardless.

Meanwhile, they are saving ~20% in tax cuts, their new tax rate is around 15%. I'm not really sure how Ford isn't going to figure something out when the 300 dollars they can easily pass onto the consumer, meanwhile paying 15% on profits vs 35% is a huge benefit.

This post was edited by ofthevoid on Nov 3 2018 03:21pm
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Nov 3 2018 03:31pm
Quote (ofthevoid @ Nov 3 2018 04:18pm)
How can a tax cut benefit only be realized in a single year? Do taxes go back up to the original pre-tax cut rate in 2018 or after?



Let's say the avg vehicle is 25,000. 300/25,000=1.2% Increase from tariff based on steel prices going up...which would most likely be passed onto the consumer regardless.

Meanwhile, they are saving ~20% in tax cuts, their new tax rate is around 15%. I'm not really sure how Ford isn't going to figure something out when the 300 dollars they can easily pass onto the consumer, meanwhile paying 15% on profits vs 35% is a huge benefit.


This is Ford stating all of this, not me. Ask them how.
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Nov 3 2018 03:41pm
What happened to the tax cut Trump promised the middle class before the midterms?
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Nov 3 2018 03:49pm
Quote (ThatAlex @ Nov 3 2018 05:41pm)
What happened to the tax cut Trump promised the middle class before the midterms?




Moved to early 2019. Didn't you hear?
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