Let me repeat that. For most of you, I am not your financial professional. I suggest you contact your professional to discuss what I am proposing here.
It’s a truism that reforming the corporate tax rates should encourage businesses to invest in ways to improve their bottom line. That normally means finding a way to enhance productivity. But, that also means the lower rates are part of a program to remove special interests.
Sorry, that I had to skip a day to complete this discussion on trucking businesses- and the future.
We’ve talked about why you have to consider autonomous trucking- where you aren’t needed as the driver as part of your considerations. And, you have to develop a business plan (not the 30 to 100 page tomes you see for larger firms), but about 5 pages that lets you have a road map- and signposts to ensure you are on your way to a profitable venture. (As discussed below, you also need this business plan to obtain your own carrier registration, to operate your own trucking entity.)
We talked about the desecration of the American Dream yesterday. As I said, before Reagan assumed the presidency, the 1%ers garnered 7% of after tax income in the US. 28 years later, that share had multiplied by 2.5X- so that the 1%ers collected 17% of the total income.
A few weeks ago, I spoke how interim CEOs often cook the books– so they can be permanently appointed. That happens to be a marginally (or fully) criminal endeavor. But, many, many other CEOs obfuscate results so that their stock price stays high- and that often sets their (ridiculously high) compensation levels.