Sentences with phrase «cut of the windfall»

Not exact matches

Critics of the corporate tax cut predicted the tax windfall would mostly go to fund share buybacks and dividends, citing studies of the 2004 tax break as precedent.

They also follow a recent pledge by the bank to build more branches and expand hiring in underserved neighborhoods and expand its philanthropic work, in response to an expected windfall from the passage of federal corporate tax cuts last year.

Many of the business tax cuts in the Republican plan are simply windfalls for people who made business investments in the past — and even if investors are very responsive to incentives, they can't respond to the bill by investing more in businesses and creating more jobs in the past.

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.

Apple's stock buyback fits into a broader trend of companies using the financial windfall from President Trump's tax cut to reward shareholders.

But the plan would be a windfall for Trump: NPR and others estimate Trump's proposed cuts would potentially slash his own tax burden in half, saving him tens of millions of dollars.

LOS ANGELES The windfall gains from the tax cuts passed by the U.S. Congress in December have brought back «animal spirits» that encourage risk - taking throughout corporate America, according to some of the participants at the annual Milken Institute Global Conference in California on Monday.

Other topics likely to come up include Berkshire's decision to team up with Amazon and JPMorgan Chase to form a new company to lower health care costs; Berkshire's growing pile of cash and the environment for deal making; and the tax cuts passed late last year, which provided Berkshire with a hefty windfall.

Bonus Pay: A growing list of companies benefiting from tax cuts are sharing the windfall with employees by paying one - time bonuses and boosting hourly pay.

In some cases, the companies are sharing only a sliver of their tax - cut windfalls.

Tax cuts are coming closer to reality, adding fuel to the markets and stirring the animal spirits of business leaders who have said they will use their windfalls to build and expand.

A debate erupts about what is defined as regional after Wollongong and Newcastle are classified «metropolitan» in discussion around which areas will get a cut of the NSW Government's Snowy Hydro windfall.

Southampton may look to use part of their windfall to tempt West Ham cut their losses before he leaves for free next summer.

But the government needs to make sure it does not just create a cash windfall for the supermarkets, instead of lowering prices of other goods or supporting better prevention and treatment of alcohol abuse to cut crime further and save lives.»

«But the Government needs to make sure it does not just create a cash windfall for the supermarkets, instead of lowering prices of other goods or supporting better prevention and treatment of alcohol abuse to cut crime further and save lives.»

The Tories condemn an inaccurate Labour advertising campaign which portrays the cut in the top rate of tax as a lottery - style windfall for millionaires - Mail on Sunday

Reinstating this tax on buybacks would allow Governor Cuomo and the State Legislature to tax some of the windfall profits companies are making off the tax bill and protect New Yorkers from devastating federal cuts to health care and education.»

To raise revenues, Cuomo proposed requiring extending sales tax collections on online sales, imposing a surcharge on certain health insurers who received a windfall from federal tax cuts, tapping hundreds of millions of dollars in proceeds from lawsuit settlements and raising taxes «e-cigarettes» and taxing opioids (2 cents per milligram prescribed to go to anti-addiction programs).

She said millionaires and billionaires have seen «massive tax cut windfalls and handouts that loot the state budget» and pledged not to take «a dime of corporate money.»

Highlighting the stories of area residents who have been directly impacted by past budget cuts, the NYInequality coalition is seeking to persuade local lawmakers to fight back against giving the wealthiest another tax windfall, especially since New York ranks first in the nation for income inequality.

The portion of the budget paid for by state taxpayers will rise just under two percent Despite the one - time windfall, he had to bridge a $ 1.8 billion deficit in the current budget, which he did by counting $ 373 million in additional, not immediately identified revenues as well as cutting $ 92 million from state agencies, booking $ 121 million in savings from «debt management» and cutting $ 1.4 billion from funding for various local assistance programs.

The Chancellor announced a # 2 billion - a-year windfall levy on North Sea oil to fund an immediate cut in fuel duty of 1p per litre.

Other reforms Hawkins is calling for include a windfall tax on pharmaceutical companies» opioid wealth, a surtax on high - dollar pass - through income from LLCs and other pass - through vehicles, a clawback of the new federal tax cuts if not used to increase workers» pay, home rule for local income taxes, and tax credit «circuit breakers» to protect low - to - moderate income tenants and homeowners from unaffordable rents and property taxes.

Even after cutting the district's levy rate to adjust for what appeared to be a windfall, they budgeted for extra tax revenues of $ 136,000.

The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, excessive allowance price volatility and for resulting in windfall profits for some utility firms that received carbon allowances for free but were able to pass through their full cost to consumers in the form of higher electricity prices.

The first phase of the EU ETS — from 2005 to 2007 — drew criticism for not achieving substantial cuts in emissions, and for giving firms windfall profits by distributing carbon allowances for free.