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A comment on Ask HN: How will the 2018 Tax Cut plan impact Engineers?.

Re:Ask HN: How will the 2018 Tax Cut plan impact Engineers? by roofer on Saturday December 02, 2017 @03:15PM (#15833812)
The main question - What all these cash rich companies and individuals will spent they new money on?

World is already awash of capital, and we have everything bubble now.

I bet next move by this administration will be drastic rate increases! This will mean they can starve everybody else from cash, and then swoop in and buy on the cheap.

[ Parent | on HN ]
Re:Ask HN: How will the 2018 Tax Cut plan impact Engineers? by nojvek on Sunday December 03, 2017 @06:08AM (#15837078)
Microsoft Google and Apple have so much cash, they don't know what to do. Simplest is to put it offshore where gains incur the lowest taxes.
[ Parent | on HN ]
Re:Ask HN: How will the 2018 Tax Cut plan impact Engineers? by ddw on Saturday December 02, 2017 @11:05PM (#15835912)
Maybe it's time for us to all start companies that cater to the rich. Get the crumbs wherever we can. /s
[ Parent | on HN ]