Corporate Profits Are Soaring, But You're Not Feeling It
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  Corporate Profits Are Soaring, But You're Not Feeling It
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Author Topic: Corporate Profits Are Soaring, But You're Not Feeling It  (Read 358 times)
All Along The Watchtower
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« on: November 08, 2013, 03:04:58 PM »

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http://m.huffpost.com/us/entry/4023869/
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Beet
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« Reply #1 on: November 08, 2013, 03:53:42 PM »

Many of these profits are coming (and being kept- for tax reasons) from overseas.
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DC Al Fine
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« Reply #2 on: November 08, 2013, 05:05:45 PM »

Beet raises an interesting point. I wonder how much of "record profits" are due to growth in emerging markets.

As for the income inequalities, this highlights the importance of lower income individuals to invest in the stock market. Coca-Cola doesn't care whether you are rich or poor, you still get their dividend cheque if you own their shares.

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Beet
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« Reply #3 on: November 08, 2013, 07:55:19 PM »

Except one of the reasons Apple won't use any of its $100 billion overseas cash stock to buy back more shares as Carl Icahn suggests, is that they prefer keeping it in tax havens overseas. If you think these countries are patriotic, or that the fact that they are ostensibly American companies who depend on their existence on the U.S. makes them willing to plough back their gains into the U.S. economy (even in the form of dividends) you are sadly mistaken.
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