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..
     
  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 Active 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 Coop Dispatch Hat Distribution Manager

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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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  17. sucker666

    sucker666 Well-Known Member

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  18. trucknfool

    trucknfool Well-Known Member

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    This middle east situation playing out is something to watch. Even though the U.S
    Is not depending on Saudis for Oil now, the rest of the world is. Sanctions being placed on Iranians again will cut supplies for the world market. This could have a large effect on fuel prices. This would effect all of us.
    I am not trying to be Political at all about this, Just making a observation . I hope that this situation blow's over for our sake!!
     
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  19. highspeeds

    highspeeds ENTERTAINMENT USE ONLY

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    Add that the USA is losing the trade war for goods and services. And how devastating the Fukishima situation has been for the fisheries in the Pacific. A lot of moving parts to this global nightmare. Nobody wants to lose. Can't anybody seem to finda way to win.
     

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