Cuomo is proposing a series of small
business tax cuts as one of his top priorities in 2016.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our
business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial,
business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for
business aircraft, including the effect of global economic conditions on the
business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in
tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
tax law, such
as the effect of The
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco
business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to
business relationships and other
business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing
business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
The bill, known
as the
Tax Cuts and Jobs Act, is set to bring about widespread changes to the US tax code for both businesses and individual America
Tax Cuts and Jobs Act, is set to bring about widespread changes to the US
tax code for both businesses and individual America
tax code for both
businesses and individual Americans.
Exactly how much taxpayers would save — or how much more they would pay — depends on many factors, and
as Business Insider's Josh Barro pointed out,
tax cuts for middle - class Americans aren't likely to be
as sweeping
as Republicans make it sound.
It wasn't immediately clear how much of the change reflected confidence that the
tax -
cut legislation moving through Congress will boost growth, or other factors such
as pickups in
business spending and global growth.
They see the efforts of big
business to get Congress to reform the
tax code and
cut corporate income -
tax rates
as a diversion from the Tea Party's fight to lower personal income -
tax rates.
Working with entrepreneurs and small -
business owners who are generating $ 300,000 in revenue, I've seen that their decision to have their LLC
taxed as a corporation and make the S - corp election
cuts their total
tax liability by one - third.
The bill's
tax cuts,
as well
as new or larger deductions for start - up expenses, cell phones and health insurances premiums, can give some financial help to most small
business owners.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired
businesses into United Technologies» existing
businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new
business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in
tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax (including U.S.
tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
tax reform enacted on December 22, 2017, which is commonly referred to
as the
Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personn
Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their
businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
A provision of the
tax cut bill passed and signed last December offers a special break for pass - through
business structures: sole proprietorship, partnership, S corporation, LLC, trust and estate, REIT, qualified cooperative, or tiered pass - through (such
as one LLC owning another).
The
tax cut expanded
tax - advantaged accounts for workers, and provided
tax incentives for
business investment in blighted areas,
as well
as for hiring disadvantaged workers.
Finance Minister Carole James says only five per cent of
businesses will be paying the full
tax rate and those covering the existing health premiums for their employees will see savings
as the fees are
cut in half and then eliminated.
Weld had high favorability ratings from state
businesses during his two terms
as governor of Massachusetts in the 1990s, for
cutting taxes and pushing welfare recipients into work programs, among other things.
The bill would
cut the corporate income
tax rate to 21 percent from 35 percent and create a 20 percent income
tax deduction for owners of «pass - through»
businesses, such
as partnerships and sole proprietorships.
The bill would
cut the corporate income
tax rate to 21 percent from 35 percent and create a 20 - percent income
tax deduction for owners of «pass - through»
businesses, such
as partnerships and sole proprietorships.
The deals have been spurred by quickening global growth and robust
business confidence,
as well
as tax cuts passed in the US last year that have added to the firepower for marquee acquisitions.»
As the impact of new
tax cuts circulates through corporate balance sheets,
businesses are getting an infusion of cash, and much of the windfall is going toward buying back stock.
The monumental new
tax law signed late in 2017 — the Tax Cuts and Jobs Act (TCJA)-- has been hailed as a boon for big busine
tax law signed late in 2017 — the
Tax Cuts and Jobs Act (TCJA)-- has been hailed as a boon for big busine
Tax Cuts and Jobs Act (TCJA)-- has been hailed
as a boon for big
business.
As with previous proposals, the new plan promises to
cut taxes for individuals and
businesses, while wiping out deductions and repealing other controversial
tax provisions.
For over a year, Mintz has been manufacturing big job numbers for use
as political propaganda in selling
business tax cuts.
Progressives often present corporate -
tax cuts as having transferred billions of dollars from the Canadian government to big
business.
Hopefully when I do my 2018
taxes in 2019, there will indeed be a
cut in small
business pass through income
as promised, but who knows until then.
Businesses can expect to see and feel changes in the coming months, as tax cuts take effect and businesses begin taking advantage of the incentives and deductions provide
Businesses can expect to see and feel changes in the coming months,
as tax cuts take effect and
businesses begin taking advantage of the incentives and deductions provide
businesses begin taking advantage of the incentives and deductions provided to them.
As a whole, the Republican
tax plan will
cut income
tax rates for individuals and
businesses, and double the standard deduction rates.
Economic Recovery
Tax Act (ERTA): Tax legislation enacted in 1981 (and often referred to as the «Reagan tax cut») that significantly reduced income taxes on individuals and business
Tax Act (ERTA):
Tax legislation enacted in 1981 (and often referred to as the «Reagan tax cut») that significantly reduced income taxes on individuals and business
Tax legislation enacted in 1981 (and often referred to
as the «Reagan
tax cut») that significantly reduced income taxes on individuals and business
tax cut») that significantly reduced income
taxes on individuals and
businesses.
In this edition of the BBVA Compass Market Outlook, Mr. Davidson and Ms. Viguier - Galley consider the various ways in which the
tax cuts will affect
businesses, individual taxpayers and, ultimately, the economy
as a whole.
The already announced and completely unnecessary (and costly)
cut to the small
business tax rate was also included,
as were the re-announcement of the government's very messed up changes to CCPCs.
«
Businesses across America have already started to raise wages, and more than 100 companies have already given bonuses and other benefits to hundreds of thousands of workers
as a result of these massive
tax cuts,» Trump said Monday in Nashville.
The NDP also
cut the small
business tax from three percent to two percent, a change that came into effect
as the carbon
tax was implemented.
The peak industry group, which represents more than 60,000
businesses across manufacturing, engineering, telecommunications, mining, airlines and related sectors, will caution the Turnbull government against large
cuts but call for careful spending reductions across aged care, health, the pension system and the public service to fund a company
tax cut as a key priority.
That's because the
tax reforms signed into law last December under the Tax Cuts and Jobs Act will most definitely affect your business taxes — and possibly your company's legal structure as we
tax reforms signed into law last December under the
Tax Cuts and Jobs Act will most definitely affect your business taxes — and possibly your company's legal structure as we
Tax Cuts and Jobs Act will most definitely affect your
business taxes — and possibly your company's legal structure
as well.
Over the past two years, when the economy was totally stagnant, and when our economy has needed a quick and fast - acting shot in the arm, we have advocated a temporary VAT
cut — alongside infrastructure spending, action on youth unemployment and targeted
tax measures for
business as part of our five point plan for growth.
Business Council just came out opposed
as they came to the conclusion that most of what Gov. Cuomo said about the
tax cut law was complete BS.
In the statement, Flanagan said he shared the broad goal of
cutting taxes for individuals and
businesses as backed by his Republican counterparts in Congress and laid out this week by President Donald Trump's top advisors.
«It is our responsibility
as a Party during these final days of the campaign to ensure we focus on the issues of utmost importance to New Yorkers, including those Carl Paladino addressed last week, such
as job creation;
cutting state spending by 20 - percent and
taxes by 10 - percent; and making New York affordable for our children, our
businesses and our families.»
The source described the tentative plan being discussed
as an «Obama-esque»
tax cut for the middle class and possibly small
businesses, while upwardly adjusting the
tax rate for high - income earners.
You can increase taxation but there is a danger that if
taxes are too high you slow down the economy
as businesses either become non-viable or
cut costs.
Pearce urges Labour to reject a
business as usual path in which the government «would
tax a little more and
cut a little less, leaving the architecture of the state untouched and the current framework of services and social security in place».
While Cuomo is socially liberal on gun control and abortion, he's seen
as more fiscally conservative, willing to battle teachers unions and supportive of
business friendly
tax cuts.
In September 2010, Congress passed theSmall
Business Jobs Act, which provided a number of key tax benefits to American small businesses, such as eliminating capital gains tax on investments in small business, and cutting taxes for businesses that invest in new eq
Business Jobs Act, which provided a number of key
tax benefits to American small
businesses, such
as eliminating capital gains
tax on investments in small
business, and cutting taxes for businesses that invest in new eq
business, and
cutting taxes for
businesses that invest in new equipment.
«Chris understands how to blend common sense —
cutting spending, balancing budgets, ending wasteful earmarks — with the need for innovative reforms — such
as the Flat
Tax — which will bring immediate help to
businesses and workers alike.»
The 2014 - 15 state budget adopted in large measure a package of
tax cuts aimed at property owners and
businesses as Cuomo gears up for a re-election campaign.
Last week at the state
Business Council's annual meeting, Cuomo floated the possibility of a
tax cut linked to the wage proposal
as a way to make the measure more palatable.
As well as house building, the Labour leader will today pledge to slash business rates for small firms and pay for the move by cancelling the coalition's corporation tax cuts in 2015 and 201
As well
as house building, the Labour leader will today pledge to slash business rates for small firms and pay for the move by cancelling the coalition's corporation tax cuts in 2015 and 201
as house building, the Labour leader will today pledge to slash
business rates for small firms and pay for the move by cancelling the coalition's corporation
tax cuts in 2015 and 2016.
The activist wing of the WFP had raised concerns over Cuomo's fiscal policies, including his support for
tax cuts aimed at
businesses and property owners,
as well
as his embrace of charter schools.
There's also a
tax cut package that includes the distribution of $ 350 rebate checks to middle class families with children, to be distributed shortly before elections,
as well
as small
business tax cuts.
Sixty - eight percent said his
cuts to school aid and
tax cuts would convince them to oppose him, while 67 percent said the Committee to Save New York would keep them from pulling the lever for Cuomo, after the pollsters» described the group
as a «shadowy» organization «that raised more than $ 17 million from Wall Street, real estate moguls and other
business interests to promote his agenda of education
cuts and
tax breaks.»
ALBANY (AP) New York Gov. Andrew Cuomo is calling for a 4 percent small
business tax cut, the latest in a flurry of proposals
as he unveils his 2015 agenda.
We'll
cut wasteful spending, keep
taxes as low
as possible and encourage small
business.»
He was elected in 2010
as a «new Democrat» who married centrist economic policies — a cap on property
tax increases,
business tax cuts, a reduction in pension benefits for new public employees — with liberal social policies like strict gun control and support for same - sex marriage.