Sentences with phrase «big tax cuts on»

Of course they're excited: The plan offers big tax cuts on business profits.

Not exact matches

He says the group, on average, paid higher taxes before the cuts and would therefore see a bigger profitability boost.

Furthermore, Boris Schlossberg, managing director at BK Asset Management, said Tuesday on «Trading Nation» that while neither stock is a buy right now, «the bullish case for both is if you're truly a big believer in a massive bull move this year in the market, and that the tax cut is going to increase spending on travel.»

So on top of the biggest tax cuts, great reform and the money is coming in.

At the same time, President Donald Trump announced the biggest tax reform for the U.S. in thirty years on Wednesday, proposing tax cuts for most citizens.

PARIS, Oct 28 - Executives from nearly 100 of France's biggest companies called on the Socialist government on Sunday to cut payroll taxes by 30 billion euros over two years to regain waning competitiveness.

There are three big ways the bill cuts taxes on businesses.

If you put a lot of fiscal stimulus — particularly big personal income - tax cuts — if you put that on an economy that's already at full employment, that's like putting a well - done steak on broil.»

Consumer and business sentiment about the economy has risen sharply based on the notion the incoming administration of Republican President - elect Donald Trump and a Republican - controlled Congress would enact big tax cuts and infrastructure spending and loosen regulations, which would boost spending and investments.

As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.

And oh did we ever aspire: the tax cuts were bigger and tastier than we could have imagined; the torch - carrying to further enrich US entertainment companies made us laugh and cry; the barbs thrown at Dalton (the boy can't take a joke); the raid on Conservative Party headquarters.

U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations.

White House Economic Council Director Gary Cohn and Treasury Secretary Steve Mnuchin on Wednesday laid out the administration's skeleton plan for tax cuts that was big on promises, but remarkably sparse on details, as President Donald Trump sprints to the Saturday finish line marking his first 100 days in office.

But much of the research conducted thus far suggests otherwise; the Center on Budget and Policy Priorities, for instance, recently concluded that workers would receive a maximum of only a quarter of the benefits from tax cuts; and even then, it is most likely to be the higher earners that would be the biggest beneficiaries.

He said the dollar faces a further slide if any Fed tightening is offset by a wider US deficit on the back of Donald Trump's big spending plans and tax cuts.

WASHINGTON (Reuters)- President Donald Trump proposed on Wednesday the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit.

The budget «makes huge, irresponsible cuts hurts families who are struggling to find jobs and put food on the table, but provides big tax breaks for millionaires and large corporations whose profits are soaring,» Kelly says.

They changed their mind because they concluded that the impact of tax rises and spending cuts on economic growth — the fabled «fiscal multipliers» — has turned out to be a much bigger drag on growth than they, the Government or the OBR originally thought.

Budgets have turned into raffles when major U-turns on everything from tax credits and pension relief, disability payments and police cuts, and of course the crumbling of the notorious pasty tax, mean a group of angry MPs, led by disrespectful rebels in the Tory ranks, will pick big ticket items and batter a once unassailable Chancellor into another humiliating change of direction.

Whether we're talking about the «squeezed middle», the «cost - of - living crisis» or cutting the «biggest budget deficit in our peacetime history», it's fair to say that many Brits will be feeling pretty taxed already by the time the chancellor stands up to deliver his budget speech on Wednesday.

UFT President Michael Mulgrew appealed to delegates at the April 13 Delegate Assembly to join and bring colleagues along for a big action on Thursday, May 12, to call on the wealthy to pay their fair share of taxes instead of cutting services to the middle class and the safety net for the poor.

Cuomo's uses «historic» for most of his measures, big and small, and Cuomo and the Senate's Republicans have referred to their extensions of a $ 2 billion income tax hike on wealthy New Yorkers as a tax cut, even though they opposed the tax hike during the 2010 campaign as a «job killer.»

The Democratic - led Assembly wants to raise taxes on millionaires while cutting them for other tax payers; the Republican - controlled Senate is pushing a much bigger middle class tax plan.

He has produced studies on the National Health Service, crime, big government projects, the dynamic effects of tax cuts, Gordon Brown's economic record, hate education in Palestine and environmental policy.

To change the dynamics of British politics I suggest big tax cuts focused on (1) helping businesses expand and (2) helping lower income workers cope with these difficult times.

-- Health care insurance windfall profit fee ($ 140 million): Health insurers are in line for big cuts to their expenses thanks to the federal tax overhaul, and Cuomo wants to slap a 14 - percent surcharge on profits to help cover the state's rising health care costs.

Some of Connecticut's largest labor unions, displeased that Democrats voted for a budget deal that cuts spending instead of raising taxes on the rich, are boycotting the party's big fundraising dinner this week.

Vince Cable, the Liberal Democrats» Treasury spokesman, said: «What we really need is permanent, fully funded tax cuts targeted at those on low and average incomes, through reductions in income tax, rather than giving a temporary VAT cut, which will primarily reward the big spenders who have loads of money.»

Gov. Greg Abbott said late Thursday that he hopes to see a compromise on tax cuts «in the next 24 hours,» creating hope that the new governor won't have to call a special session over an issue that has emerged as the biggest sticking point between the House and Senate this legislative session.

He grasped the centre ground by focusing on living standards and cost of living policy discussion and announcements: the Pupil Premium, capping social care costs, state pension reforms, free childcare, cutting income tax, and, his big policy statement: free school meals for all infants.

Although the media prefers to focus on gaffes like «pleb-gate» and George Osborne's «great train snobbery», the big story about the coalition should really be its failure to cut taxes and regulations for small businesses.

A day before Republicans are expected to begin voting on their $ 1.5 trillion tax cut, the big question was not whether it would pass but why the lone Republican Senate holdout, Bob Corker of Tennessee, suddenly flipped his position to support a bill he once said was fiscally irresponsible.

All of these factors will have a big impact on the public and make Labour's arguments for tax cuts less credible.

Trump achieved a significant legislative victory after nearly a year of humiliating defeats in Congress, making good on his promise to deliver what he called a «big, beautiful» tax cut before Christmas and finally demonstrating the political power of unified Republican control in Washington.

«The Republican Tax Scam is nothing more than huge tax cuts for the rich and big corporations, paid for by tax increases on millions of middle - class families,» said DCCC spokesman Evan LukasTax Scam is nothing more than huge tax cuts for the rich and big corporations, paid for by tax increases on millions of middle - class families,» said DCCC spokesman Evan Lukastax cuts for the rich and big corporations, paid for by tax increases on millions of middle - class families,» said DCCC spokesman Evan Lukastax increases on millions of middle - class families,» said DCCC spokesman Evan Lukaske.

«I think there is a principled argument to make about tax playing a bigger part in the reduction of the deficit because tax makes lives harder for those paying it but cuts on the scale the government are talking about wrecks lives altogether.

While Skelos might want his legacy to be about tax cuts and big increases in education aid, he will long be known on the inside as the master of Senate redistricting efforts.

In a year where Cuomo and all 213 of the state's legislative seats are up for reelection, it's not a big surprise that the legislative session would focus on tax cuts.

He could of course try to transform himself into a more conservative Conservative — championing an EU referendum and big tax cuts and withdrawal from the European Convention on Human Rights and new grammar schools and no gay marriage and no more onshore wind farms, and so on.

While the Conservatives retain a small lead on steering the economy through difficult times, Labour have edged ahead on helping businesses grow and recover; the Opposition's lead on getting the balance right between tax rises and spending cuts is, at 11 points, as big as the Tories» had been in September 2010.

Corbyn's biggest victory by far came this week, however, when Labour forced the government to retreat on their planned cuts to tax credits.

The state has a $ 4.4 billion dollar deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.

Most recently the organization went up with ads in California, Pennsylvania, and Kentucky calling on the Democratic Senate candidates running there to «defend citizens of those states from the massive Obamacare legislation — including its big government mandates, Medicare cuts and tax hikes,» according to a statement on Crossroads GPS» website.

«While big money corporate executives continue to take advantage of tax loopholes so they can fatten their wallets, our communities are left to suffer the consequences: cuts to classrooms, programs, and services we rely on every day,» said Mark Emanatian, Capital District Organizer for Citizen Action of New York.

Factor in on top of that the serious pressure on the DWP to come up with big additional cuts in welfare payments to reduce the pain on other departmental budgets and keeping things «progressive», living up to the boasts, making the graphs much pointed to by Lib Dem MPs a reality in a five - year retrenchment that leans heavily on cuts over tax hikes... and you see how difficult it will be to secure and hold the progressive mantle through this saga ahead.

Of those, the biggest spender is New York State United Teachers, which has aired ads questioning Cuomo's cuts and his decision to allow the expiration of a so - called «millionaires tax» on New Yorkers earning over $ 200,000.

The state has a $ 4.4 billion deficit, and there's uncertainty over the effects of the federal tax overhaul on the state's finances, as well as possible big funding cuts by President Trump and Congress.

«Biggest Tax Bill and Tax Cuts in history just passed in the Senate,» he wrote on Twitter.

The Tory tax cut plan does not need to be as big as Labour's (although there is no reason why it couldn't be larger if we adopted a sufficiently hawkish approach to spending) but it's vital that - in addition to existing pledges on a council tax freeze and VAT holiday - we join Barack Obama, John McCain, Nick Clegg and Gordon Brown in offering our own tax relief plan.

In recent days he has been saying all sorts of outrageous things: tax cuts would encourage growth, increasing energy costs via green taxes is lunacy in a downturn and the Big Society doesn't really seem to have caught on as a concept.