New tax plan

Discussion in 'XPO Logistics' started by guitarman1, Jan 5, 2018.

  1. guitarman1

    guitarman1 Active Member

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    I think we will see increased freight. I also think the economy will be on the fast track. The glass is definitely half-full!!!
     
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  2. whip1

    whip1 Well-Known Member

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    We’ve been seeing increased freight for four years and the economy has been doing well also.
     
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  3. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    Freight is up, no doubt. Rumors I keep hearing are 7% raise in April. Would be close to $2 an hour. $26.61 x 7% = 1.88 Which would, for the moment, put us close to in line with the competition.
     
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  4. guitarman1

    guitarman1 Active Member

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    I like what your hearing...
     
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  5. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    when people have more money then tend to spend more. Give them more they spend more.
    Wait did I say that? That's what trickle down economics is..
     
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  6. whip1

    whip1 Well-Known Member

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    That doesn’t fit into the Jacobs hates us agenda.
     
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  7. icedriver

    icedriver Well-Known Member

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    Not a chance! I hope I'm wrong though.
     
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  8. Sleeper

    Sleeper Member

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    Where did you hear this? Other drivers or management?
     
  9. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    The voices inside my head. I feel that I am hearing the right things often enough that I don't need to justify anything. I present it as rumor only.
     
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  10. Sleeper

    Sleeper Member

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    Relax pal, I’m not on this forum enough to know everyone. Just asking
     
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  11. dalesr

    dalesr Well-Known Member

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    And we all know that linehaul drivers hear the best rumors right!
     
  12. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    Wasn't trying to be chippy. Just answering the question. It's a rumor and nothing more.
     
  13. sucker666

    sucker666 Well-Known Member

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    Goldman Sachs just did a survey and it seems other than some "see what will do " for show bonuses there's not much going to the working man.


    http://money.cnn.com/2018/02/09/news/companies/tax-cut-bonuses-buybacks/index.html

    https://www.nytimes.com/2018/02/25/opinion/investors-republican-tax-cut.html

    https://www.marketwatch.com/story/now-we-know-where-the-tax-cut-is-going-share-buybacks-2018-02-22
     
    Last edited: Feb 26, 2018
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  14. BIG R GUY

    BIG R GUY Boardwalk Certified Uber Driver

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    I hear things inside my head wear....
     
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  15. Fly-by-night

    Fly-by-night Only when you care to send the very best

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    I don't know about you but I have more in my paycheck since the tax cuts went into effect
     
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  16. coondogg

    coondogg Freight Herder

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    The withholding percentages on the federal side are different now for everyone, so we all have higher checks. I think what he was referring to was an increase in wages or bonuses. A reduction in taxes is not the same as an increase in wages (despite the increase in take-home pay).
     
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