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re: Trump and John Deere
Posted on 9/24/24 at 7:09 am to MMauler
Posted on 9/24/24 at 7:09 am to MMauler
quote:Maybe if our Federal State and Local governments were not so big and bloated we could cut the taxation on citizens and businesses.
we’ve got to lower taxes and regulations to make US companies more competitive)
Therefore the citizens would have more of their hard earned money to buy good and services from the companies that could lower their prices and still make the same profit.
Almost sounds like a win/win for everybody that does not have a ineffective, unneeded & inefficient government job.
In my model all those lazy government employees that were laid off could get a real job with the private companies that are doing better and expanding since their tax burden was lowered and demand for their good and services are up because the citizens have more discretionary income.
Wait..it's almost as if the government IS the problem.
0
Posted on 9/24/24 at 7:28 am to AUstar
Trump mentions that his tariff's will help farmers. Any idea how?
Posted on 9/24/24 at 8:08 am to idlewatcher
quote:
I believe this to be an unfair statement.
When US goods and services and even labor become too expensive, companies like Deere are looking to lower their bottom line so they move production out of the country.
You can blame the government for not creating the proper business environment for US corporations to thrive.
If it takes a Mexican tractor company $100k to build a similar model tractor but if Deere builds it here it may cost $150k. Why? Because local/state/fedgov didn’t foster conditions for Deere to be successful.
But I wholeheartedly agree they are woke af and can go out of business for all I care.
This. I run in circles with a lot of farmers and the vast majority of them have moved on from John Deere due to PRICE. John Deere is trying to lower production costs to recapture market share.
Posted on 9/24/24 at 8:21 am to YouKnowImRight
Wasnt it JD that said they were going to make their entire fleet all electric by 2030 or something like that?
Posted on 9/24/24 at 8:33 am to AUstar
mexican tractors 200%
chinese tractors 20%
when are we going to start using our damn brains
chinese tractors 20%
when are we going to start using our damn brains
Posted on 9/24/24 at 10:45 am to JackieTreehorn
quote:
I hope he keeps throttling Deere, Ford and GM. They are all hypocrites, and I’m glad I drive Toyota.
Toyota is more American than these supposed "American" companies. They employ more Americans and manufacture products here.
Posted on 9/24/24 at 10:51 am to AUstar
Nothing breaks down like a Deere.
Posted on 9/24/24 at 11:06 am to dchog
Farmers hate the JD lockdown on accessing the tractor motor control computer. It's not just the JD update cost, but more important the inability to get a repair update nights, weekends and holidays. Farming is a 24/7 business during planting and harvesting seasons
Posted on 9/26/24 at 7:37 am to Trevaylin
you're right but JD won't stop that until the government forces them to. you think trump will force them to?
Posted on 9/26/24 at 8:00 am to yakster
quote:Which is a corporation's goal in a capitalist system, comrade.
Goods and services too high for them to take in millions of dollars every year? This is nothing but increasing the profit margin
Posted on 9/26/24 at 9:45 am to Redbone
quote:
I was going to sell my Deere stock but the fukin gov't would get half of it.
Taxes suck, but it shouldn't be anywhere near that bad. Only the gains are taxed, and if you held the stock for more than a year, the GAINS are taxed @ 0%, 15% or at most 20% depending on your filing status and AGI.
FILING STATUS ---- 0% RATE ----15% RATE ------------------- 20% RATE
Single ----------- Up to $44,625 ---- $44,626 -$492,300 ------- Over $492,300
MFJ -------------- Up to $89,250 ---- $89,251 – $553,850 ------- Over $553,850
EXAMPLE: If you held over a year, and if it doubled, the gains are 50% of the sale, and that is taxed max @ 20%, so a 10% tax hit overall on the sale. Not half of it.
This post was edited on 9/26/24 at 9:49 am
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