Sentences with phrase «if they cut taxes»

If cutting taxes to the rich created jobs, we would not be in the mess we are now.
If we cut the taxes on the wealthy, there is no guarantee they will hire more people, and lower prices, and so on.
wouldn't stand to reason, that if you cut taxes to the top percent, that they would reinvest that money, and create jobs, and the economy would be great..
It would help if they cut taxes so we can afford to give even more.
«New York businesses will grow and hire more employees only if we cut taxes — not slow the rate of tax growth — and cut spending — not slow the rate of spending growth.»
So, if you cut taxes 5 %, it puts 5 % more into their pockets (not exactly, but you get my point).

Not exact matches

If that's too much, cut the tax paid by fast - growing companies, which are the ones outfits such as the International Monetary Fund say are deserving of special treatment.
If Mulcair keeps promises on the budget and corporate tax rate, it's unclear how an NDP government could avoid spending cuts
«There won't be enough money in the government to allow for a tax cut and fiscal stimulus program if in effect the government can't even pay the interest on the debt without borrowing the money.»
«But if the rate on pass - through business income is cut to 15 percent, and the top rate on the owner's compensation is 37 percent, some owners could try to lower their reported wages to bring their income - tax rate down.
If any of these state workarounds are successful, the overall impact will be to make an indefensibly unfair tax cut even more regressive.
And if the tax cuts are not renewed, Americans won't gain the confidence to make big decisions in a volatile economy.
00:10 Michael Alter: I've been asked a lot lately, «What do we do if the tax increases come into effect and the tax cuts go away?
We'll update this post if there are changes as Congress moves closer to passing the Tax Cuts and Jobs Act.
«Obviously, if the corporate tax rate is cut substantially, that's going to be impactful to the companies that we cover.»
If all boats were rising, tax cuts that benefit mostly the affluent wouldn't be a crisis.
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.»
The Tax Foundation found that federal revenue would fall by $ 2 trillion if the corporate tax cuts are put in plaTax Foundation found that federal revenue would fall by $ 2 trillion if the corporate tax cuts are put in platax cuts are put in place.
«If we get Tax Cuts and Reform, we'll really see some great results.»
As the rationale (or rationalization, if you ask me) of the tax bill was to support more hiring and capital investment to grow the economy, the GOP tax cut plan provided incentives to pass - throughs.
Lindsey, the head of the Lindsey Group and architect of tax cuts in the Bush 43 White House, told his clients in the note that if tax reform was passed, «The political and economic policy implications would be massive and far reaching.»
A united House Republican leadership surrendered crisply and cleanly on legislation to extend expiring payroll tax cuts for 160 million Americans, skipping most if not all of the self - defeating drama that accompanied their far noisier retreat on the issue late last year.
He thinks U.S. GDP will expand by 2.25 %, but if all of these massive tax increases and spending cuts happen, then GDP will contract by about 1 %.
If you're living below the poverty line and cutting lawns or babysitting to make ends meet, I have some sympathy for playing fast and loose with the tax rules.
Allowing the corporate tax cuts to fade would save roughly the same, if not slightly more money, against the debt, analyses show.
Still, they only see a near 1 percent drop for the S&P 500 if Washington does not enact tax cuts.
Republican officeholders have been talking surprisingly openly about how angry their major political donors will be if they don't pass this tax cut package.
«If you raise all the rates, anything that you do later on to cut them, is going to be scored by the Congressional Budget Office as a tax cut,» Manley says.
But even if you were trying to design a trickle - down plan — one that targets its business tax cuts according to supply - side theories of how to grow the economy and boost wages — the Republican tax plan fails.
While some observers take issue with the suggestion that the city is in some way «closed for business,» others wonder if Ford's penny - pinching, tax - cutting agenda goes much beyond the platitudes that helped vault him into the city's top office.
Cut taxes for businesses: If profitable operations are allowed to keep more of their profits, it will provide them an easily accessible source of capital.
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.
Knowing that if a compromise isn't reached between Speaker Boehner and President Obama, the result is a likely recession, should small - business groups back Boehner's insistence that the Bush tax cuts be preserved for everyone or should they acquiesce to the President's call for higher tax rates on people earning more than $ 200,000 a year?
This is what Federal Reserve Chairman Ben Bernanke called the fiscal cliff, and he and many other economists worry that if all of these tax increases and spending cuts take effect simultaneously, the U.S. will send itself into a self - inflicted recession.
The White House has yet to spell out how much of a hole the tax cuts could create in the federal budget, maintaining that the resulting economic growth would reduce — if not eliminate — the risk of a soaring deficit.
If Congress passes major tax cuts early in 2017, the stimulus could be considerable and drive economic growth higher.
«If I'm a small - business person, the one thing I don't want to see is the expiration of the payroll tax cuts, because I'd like to have my customers with a bit of a boost to their paycheck,» says Jared Bernstein, a former top economic adviser to Vice President Joe Biden.
Exactly how much taxpayers will save if Republicans succeed in overhauling the US tax code will depend on many factors, but tax cuts for average Americans aren't likely to be as sweeping as Republicans make it sound.
Doug Ford, a businessman and former Toronto city councillor whose family owns and operates Deco Labels and Tags, has promised to cut the provincial corporate tax by one percentage point if the Tories are elected to power this spring.
But if this tax expenditure were repealed, the proceeds wouldn't go into individual income tax cuts.
If Congress is not able to make a deal to reduce the deficit by Dec. 31, a mere 11 days away, a slew of spending cuts and tax hikes would go into effect immediately.
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.&raquIf you put a lot of fiscal stimulus — particularly big personal income - tax cutsif you put that on an economy that's already at full employment, that's like putting a well - done steak on broil.&raquif you put that on an economy that's already at full employment, that's like putting a well - done steak on broil.»
Even if the next government turns away from the tax hikes and spending cuts brought in by Monti, it will struggle to revive an economy which has scarcely grown in two decades.
Moreover, if those U.S. tax cuts are deficit - financed with hundreds of billions in new debt, it is worth wondering if any tax cuts will really be permanent.
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For example, Under Armour is positioned to be one of the biggest winners if Trump manages to enact tax reform, including corporate tax cuts, Goldman Sachs (gs) wrote in a report Friday.
It'll be interesting if the Republicans face the kind of blowback that the Trudeau government did; while the plan technically cuts the taxation rate on such «pass - through» structures, it has the potential to actually raise taxes for a sizeable proportion of those companies:
If we gave that money in middle class tax cuts, they'd just waste it on hookers and blow, right?
If President - elect Donald Trump succeeds in cutting the top marginal tax rate to 33 percent, Fortune 500 CEOs would save $ 196 million on the income taxes they would owe if they withdrew their tax - deferred fundIf President - elect Donald Trump succeeds in cutting the top marginal tax rate to 33 percent, Fortune 500 CEOs would save $ 196 million on the income taxes they would owe if they withdrew their tax - deferred fundif they withdrew their tax - deferred funds.
If Congress had not enacted the 2001 and 2003 tax cuts, 10 million taxpayers would owe the AMT in 2007, according to estimates by the Urban Institute - Brookings Institution Tax Policy Center; reducing the number of affected taxpayers to several million, as the House - passed AMT «patch» bill would do, would have cost less than $ 15 billitax cuts, 10 million taxpayers would owe the AMT in 2007, according to estimates by the Urban Institute - Brookings Institution Tax Policy Center; reducing the number of affected taxpayers to several million, as the House - passed AMT «patch» bill would do, would have cost less than $ 15 billiTax Policy Center; reducing the number of affected taxpayers to several million, as the House - passed AMT «patch» bill would do, would have cost less than $ 15 billion.
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