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Strange how all of these foreign companies can capture more of the market than Harley yet it's tax cuts that are responsible for Harley shutting down domestic manufcaturing...
I'd say, no... more like failed marketing and not putting a desirable and affordable product to market.
Any other socialist economists want to take a crack at why Harley is failing, without blaming Trump and/or trickle down?
Wait, you are still prattling on with this? Literally no one blamed the tax cuts (or Trump, or trickle down) as to the reason Harley is failing. We are pointing out that the line of thinking that tax cuts are going to cause corporations to go on a hiring spree is spurious and using Harley as an example.
Cutting the corporate tax rate can't make up for the failings of Harley's C-Suite. Cutting the corporate tax rate can't magically make more customers interested in their product. As I said earlier, demand drives investment. Tax cuts don't. Look at the Bush tax cuts, the majority of that money went towards dividends, stock buybacks and M&A. When polled about the potential impact of the Trump tax cuts, CEO's overwhelmingly responded that they would do the same and that the impact of the cuts on hiring and capital investment would be minimal. How is this lost on you?
Wait, you are still prattling on with this? Literally no one blamed the tax cuts (or Trump, or trickle down) as to the reason Harley is failing. We are pointing out that the line of thinking that tax cuts are going to cause corporations to go on a hiring spree is spurious and using Harley as an example.
Cutting the corporate tax rate can't make up for the failings of Harley's C-Suite. Cutting the corporate tax rate can't magically make more customers interested in their product. As I said earlier, demand drives investment. Tax cuts don't. Look at the Bush tax cuts, the majority of that money went towards dividends, stock buybacks and M&A. When polled about the potential impact of the Trump tax cuts, CEO's overwhelmingly responded that they would do the same and that the impact of the cuts on hiring and capital investment would be minimal. How is this lost on you?
you'd be wrong about that, this whole thread was created, like many others to whine about Trump(the OP is very known for his TDS), one brave soul even admits it straight up.
Quote:
Originally Posted by ohioaninsc
I blame Trump...he said we would get tired of winning...this is not MAGA.
you'd be wrong about that, this whole thread was created, like many others to whine about Trump(the OP is very known for his TDS), one brave soul even admits it straight up.
It was another lie told by Trump. People sucked it up and believed. This one and the falsehood of increased capitol spending.
you'd be wrong about that, this whole thread was created, like many others to whine about Trump(the OP is very known for his TDS), one brave soul even admits it straight up.
I believe ohioaninsc's was being flip. Care to try again?
Wait, you are still prattling on with this? Literally no one blamed the tax cuts (or Trump, or trickle down) as to the reason Harley is failing. We are pointing out that the line of thinking that tax cuts are going to cause corporations to go on a hiring spree is spurious and using Harley as an example.
Cutting the corporate tax rate can't make up for the failings of Harley's C-Suite. Cutting the corporate tax rate can't magically make more customers interested in their product. As I said earlier, demand drives investment. Tax cuts don't. Look at the Bush tax cuts, the majority of that money went towards dividends, stock buybacks and M&A. When polled about the potential impact of the Trump tax cuts, CEO's overwhelmingly responded that they would do the same and that the impact of the cuts on hiring and capital investment would be minimal. How is this lost on you?
Tax cuts dont necessarily drive hiring but they do encourage stock holders to keep their investments here in the US and foster long term solvency of the corporation.
Anyone who complains that tax cuts are not good for building the economy and with it jobs can go ahead and argue that you can tax your way to a healthy economy.
We are in agreement, others should take your words to heart.
Quote:
Originally Posted by phinneas j. whoopee
but they do encourage stock holders to keep their investments here in the US and foster long term solvency of the corporation.
I must have missed that campaign slogan...
Quote:
Originally Posted by phinneas j. whoopee
Anyone who complains that tax cuts are not good for building the economy and with it jobs can go ahead and argue that you can tax your way to a healthy economy.
There is a big problem with relying on tax cuts to drive economic growth... you can only go so far... Eventually you will hit zero, and then what? This is especially problematic with the U.S. Corporate Tax Code, since in any given year two-thirds of corporations pay zero tax. You also are somewhat contradicting yourself with the "and with it jobs..." bit.
Final point - the definition of "healthy economy" is highly subjective and probably the topic for another thread.
Wait, you are still prattling on with this? Literally no one blamed the tax cuts (or Trump, or trickle down) as to the reason Harley is failing. We are pointing out that the line of thinking that tax cuts are going to cause corporations to go on a hiring spree is spurious and using Harley as an example.
LOL you may want to read through the threads that were merged and see where folks are blaming not only Trump but "trickle down" for Harley closing a plant.
You're trying to conflate two different issues into one and using Harley Davidson was a bad example. It was no secret that HOG was hurting! They've been hurting! Only ignorant and those not in the know would think otherwise.
How many times have I pointed out their failures?
Yet it falls on deaf ears because TRUMP. It's easier to wrongly assign blame to Trump or his policies, for Harleys failure for the past 10 years!
Trump was not in charge of HD. Ever. He is in no way relevant to HD. Neither are his policies.
Get it? Got it? Good!
You can point out Harley as a failure or transcending what Trump "promised" based on Harley? Let me hear what you think about Affordable Care Act. LOL
I can point out many small business owners such as myself who did go on hiring sprees, whos tax burden decreased that allowed additional employees AND paid higher wages (raises/bonuses) you know, the crumbs that won't make a difference... but do...
I can even point out a few different manufacturers who are expanding and hiring too.
Palmetto State Armory is a really good one. Start out buying overstock firearms accessories and parts, and selling out of your garage online to owning manufacturing facilities, and even putting up brick and mortar stores! And still generate a profit, and reinvest to expand and buy machine shops and tooling to mass produce your own components.
Why? How?
Price point.
Quality.
Excellent customer service.
Treating customers and employees with the utmost respect.
So far they've been getting between 300 and 800 per week out of me since January.
I wonder if their quality, prices, free shipping, over all value and expirience, has anything to cause me to be a repeat customer...
What does Harley offer?
Enlighten me.
Even though I own one. This is my second one. And I've never bought one brand new I'll let someone else take the hit on depreciation with next to no miles on them.
You mean to tell me they offer one bike worth their MSRP or dealer price? LOL you must not ride... or have ever been involved with motorcycles...
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