What will UPS do with a 20 percent corp tax

Discussion in 'UPS Discussions' started by Jkloc420, Dec 4, 2017.

  1. Jkloc420

    Jkloc420 Well-Known Member

    invest in buildings
     
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  2. oldngray

    oldngray nowhere special

    pay it
     
  3. Wally

    Wally Hailing from Parts Unknown.

    Bring back awards and the Turkey gift.
     
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  4. Jackburton

    Jackburton Gone Fish'n

    Don’t fool yourself, the reason the market has been exploding over Corp tax cuts is the money will go towards stock buybacks and dividend increases, not hiring. With the very low unemployement rate and stagnant wage increases, the American workers have sold themselves short.
     
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  5. Jkloc420

    Jkloc420 Well-Known Member

    at&t already said they will invest 1 billion creating 7000 jobs if it goes through, some will buy back stock which is good for those in the stock market. Also companies get immediate expensing
     
  6. Jackburton

    Jackburton Gone Fish'n

    And UPS will hire enough drivers for peak. /s
    The real reason Wall Street is euphoric over the tax plan
     
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  7. Jkloc420

    Jkloc420 Well-Known Member

  8. Jackburton

    Jackburton Gone Fish'n

    With money not from the tax cut, investing in AUTOMATED buildings.


    Companies can instantly increase thier EPS by eliminating outstanding stock from buyback, making the stock rise even more on a beat.

    But hey, believe what you want, I’m good either way
     
  9. Jkloc420

    Jkloc420 Well-Known Member

    dont need to history proves all of the above can occur, going all the way back to jfk's tax
     
  10. Jackburton

    Jackburton Gone Fish'n

    Except even Abney said this peak will rely on automation and technology even more then ever, without the need to hire more employees.

    With a 4% unemployment rate, why would companies invest in creating positions that can’t be filled? Reason, they don’t.
     
  11. Jkloc420

    Jkloc420 Well-Known Member

    ups hired 90000 people, the same number the year before and in case you havent notice ups is hiring a lot of off the street drivers. Their driving ranks cant keep up with the volume, thats why they will hire, they have to
     
  12. Jkloc420

    Jkloc420 Well-Known Member

    and even if companies dont hire and just invest, that will create jobs, buying equipment creates jobs
     
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  13. Jackburton

    Jackburton Gone Fish'n

    And volume is up 15%. You just gave an example of doing more work with the same amount of people.

    Yeah, they’ll hire more people /s
     
  14. Jkloc420

    Jkloc420 Well-Known Member

    they aren hiring union people, they are hiring outside help, ups can only hire wants in the pool. Which they are
     
  15. Jackburton

    Jackburton Gone Fish'n

    Ok, come back to this thread in a year and we’ll see which happens first.
     
  16. Jkloc420

    Jkloc420 Well-Known Member

    nothing because it might be delayed a year, got to see what the final bill is, however you are right, we have a 'wait and see' approach
     
  17. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    You're not making a lick of sense man.
     
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  18. UpstateNYUPSer

    UpstateNYUPSer Single digit midget!

    He rarely does----he should do us all a favor and stay in Romper Room.
     
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  19. Jackburton

    Jackburton Gone Fish'n

    I think he was trying to convey they are subcontracting with gypsy feeders and PVD’s, least that’s what I think his arguement is.
     
  20. Coldworld

    Coldworld It’s Ban Time!!.... bring it mod mall cop ‍

    Didn’t Obama try the same thing and the savings went to shareholders....