Not exact matches
Despite expensive
cuts in corporate
tax rates, private
business investment never
really recovered after the 2008 - 09 recession — and some key components (like machinery and R&D spending) continued to fall.
But this
tax cut only
really affects the big, Fortune 500 companies like most other companies and small
businesses are pass - through organizations.
So let's continue to make our state more competitive, let's
cut more burdensome
business taxes, New York's corporate
tax rate is currently 7.1 %, let's
cut it to 6.5 %, which would be the lowest corporate rate since 1968 and
really send a strong signal to
business saying this is a different day and we are doing it a different way.
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.
He says across - the - board
cuts in the corporate
tax rate, incomes
taxes, and workers» compensation costs, among other things, would ensure that any current or new
businesses really do remain in the state.
also attributed the rise in bond yields to Trump's
tax plan since it spurred investors to unwind their Treasury holdings, given that Trump
tax plan proposed
tax cuts for individuals and
business but Trump didn't
really say how he plans to offset the expected loss in government revenue.