Sentences with phrase «likely effect of tax»

UCLAW alum and now a visiting scholar and senior fellow in residence at the Lowell Milken Institute for Business Law and Policy at the UCLA School of Law has a great summary of the likely effect of tax reform on executive compensation.

Not exact matches

If there is an immediate threat to lofty stock valuations, it will likely be investors overestimating the effect of GOP tax reform going forward, says Wilson.

And while there are lots of high - income earners who will be affected, it has an unintended side effect that small - business owners (the restaurant owner, the bike shop repairman and the dry cleaning operator), who are considered the backbone of the economy, would likely have to pay higher taxes — and be worse off financially — as well.

The net effect is likely to be slower growth in tax revenues in the first quarter of 2018, and a possible fall in revenues as the year progresses.

Positive economic feedback effects from a somewhat faster growing economy seem likely to shrink the tax bill's deficit impact relative to the «static scoring» estimate of about $ 1.5 trillion.

Tax professionals will likely need to review the bill text manually and measure their organization's specific circumstances against it to assess the impact of the provisions and their holistic effect on their organization's bottom line.

Tax reform of this magnitude is the biggest change we've seen in a generation and will require intense focus to understand not only how the changes apply at the federal level, but also to navigate the ripple effect this is likely to have on state taxation as well.

Together with the stimulative effects of tax cuts and more government spending, the most likely outlook remains a robust one, with growth still reaching 2.8 % for 2018 and 3.0 % in 2019.

Most of the key provisions likely to affect individual taxpayers take effect in 2018 (for taxes that will be reported by April 2019), but are scheduled to sunset after 2026.

Because the abolition of some of the indirect taxes will not take effect immediately, the short - term effect of the package on the price level is likely to be larger than the long - run effect.

The Bank's current assessment is that inflation (excluding tax effects) is likely to be in the upper part of the target zone over the next four to six quarters, though inflation risks overall are tilted somewhat to the upside.

The Bank's current assessment is that inflation as measured by either the CPI or underlying measures is likely to be in the upper part of the 2 — 3 per cent target zone, once these temporary tax effects have passed out of the calculation.

JCT expects that business investment would likely fall later in the decade, as the repeal of accelerated depreciation in 2016 and the longer amortization of intellectual property expenses begin to outweigh the positive effects of lower tax rates on business income.

The direct effect of the tax is most likely that prices will go up only marginally.

Importantly, when one measures the distributional effect of tax reform they must look at the entire plan; however, absent SALT repeal, it is more challenging to achieve distributional - neutrality and more likely that tax reform overall will be regressive in nature.

The net effect is that a revenue tax is more likely to increase the price paid to the consumer than it is to reduce the profits of the corporation.

Recently at the Business Council of New York State's annual meeting, business leaders conceded that the $ 15 an hour minimum wage phase in is likely to be approved by the legislature, and they said they were seeking sweeteners in the legislation to mitigate its effects including new business tax cuts and a youth employment fund.

«It is very likely that NYSUT, as permitted by today's decision, will continue its challenge to the constitutionality of the tax cap, the effect of which is worsened by the recently enacted tax freeze.»

While he's put forth his initial 2018 agenda items, Cuomo has also been working to mitigate the effects of the tax reforms, which will likely force many New Yorkers to pay higher overall taxes, with measures such as allowing property tax prepayments.

Instead, it is likely that the most effected by budget cuts will be working class and near poor children, those children who attend school districts that receive limited federal dollars but lack the advantages of high local property values or school taxes.

Volume growth will likely rebound as the effects of the excise tax will not impact long - term growth.

The large corporate tax reduction from a top rate of 35 % to 21 % is likely to have a more significant effect on demand for munis.

The agency concluded that «the small number of consumers who had civil judgments or tax liens and experienced a score change large enough to improve their credit profile suggests that any effects on overall model predictiveness (either positive or negative) are likely minimal.»

These bottom - up pressures would likely render such an agreement a dead letter, or at least make it in effect a tax applicable only to the law - abiding developed countries that represent an ever - shrinking share of global carbon emissions.

So I struggle to see how it would reduce gdp growth, and its more likely to be neutral in effect, but of course when you factor in the growth destroying aspect of climate change, such a tax is effectively enhancing growth.

It's been so good that some question the wisdom of swapping the current system for a severance tax — especially given a recent study showing that the net effect likely would be less energy development, resulting in billions in economic losses and nearly 18,000 fewer jobs supported by 2025.

Once we take into account the likely magnitude of the tax interaction effect, the «optimal» carbon tax is lower than the Pigovian amount.

The Tax Cuts and Jobs Act, the sweeping new federal tax law enacted at the end of December 2017, contains a provision that will likely have a significant effect on how employers resolve claims involving sexual harassmeTax Cuts and Jobs Act, the sweeping new federal tax law enacted at the end of December 2017, contains a provision that will likely have a significant effect on how employers resolve claims involving sexual harassmetax law enacted at the end of December 2017, contains a provision that will likely have a significant effect on how employers resolve claims involving sexual harassment.

Studies suggest that reforms or policies that reduce family unemployment in combination with progressive tax and benefit systems may be effective in reducing child poverty rates.64 Based on the findings from the current study, and many others, it is likely that reducing the number of children exposed to poverty will also have positive public health effects.