Sentences with phrase «of big tax cuts»

The results were quite interesting — most of the answers supported moving the party towards the centre ground, the public wanted to see the Conservative party move towards the Centre (net approval of +41), giving more help to the less well off (net approval of +64), paying more attention to the economy and public services and less to immigration (+41) and opposed promises of big tax cuts if they meant cuts to public services (net disapproval of -42).

And after President Donald Trump's surprise election victory in 2016, investors rejoiced over his promises of big tax cuts to provide further economic stimulus; late last year, Trump delivered.

So on top of the biggest tax cuts, great reform and the money is coming in.

Not exact matches

Anecdotes of thousand - dollar bonuses by big companies sharing the wealth of their tax cuts haven't shown up in the data.

Verizon Communications, among the biggest beneficiaries of the corporate tax cut this year, said it would double its commitment to fostering science, technology, and engineering education (STEM) in schools that lack such resources.

To me, and obviously to a substantial number of U.S. businesses both big and small, it is clear that unless America cuts its high business tax rate it will struggle to maintain a competitive edge and remain attractive for investment.

«In terms of actual tax - code adjustments, there will be arm - wrestling and adjustments, but for me, cutting to the chase, the big thing is simplification for my small - business members and small business in general,» said Keith Hall, president and CEO of the National Association of Self - Employed.

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.

The biggest driver of economic growth next year will be from household consumption, which policy makers reckon will get a boost from the federal government's tax cuts and its decision to augment monthly child benefits.

The share prices of the world's two biggest wind turbine manufacturers have fallen after the U.S. House of Representatives proposed whipping away tax credits for renewable energy in order to pay for tax cuts elsewhere.

Trump has promised to release the outlines of his tax plan Wednesday and has said the plan would give Americans a tax cut bigger than «any tax cut ever.»

The tax bill lowers the corporate tax rate from 35 % to 21 %, eliminates the penalty under the Affordable Care Act for failing to have health insurance, a narrower estate tax, and cuts the top effective marginal tax rate for S corporations to a top rate of 29.6 percent, among other measures that gives the biggest breaks to the wealthiest individuals and companies.

The proposed repeal of taxes that were put in place to fund Obamacare would give America's top earners the biggest cut.

PARIS, Oct 28 - Executives from nearly 100 of France's biggest companies called on the Socialist government on Sunday to cut payroll taxes by 30 billion euros over two years to regain waning competitiveness.

Trump promised big tax cuts during his campaign, and as his platform evolved it came to look very similar to the sort of reform that House Speaker Paul Ryan has been pushing for for years now.

As part of that bigger deal, he said, Republicans would be open to additional revenue, so long as it was paired with deep spending cuts and didn't come from higher tax rates.

Of course they're excited: The plan offers big tax cuts on business profits.

The airlines join a host of other companies such as AT&T (t), Boeing (ba) and Wells Fargo & Co (wfcnp) promising to pay bonuses or invest more in training after the biggest overhaul of the U.S. tax code in 30 years, which cuts the corporate tax rate.

That's a bigger impact than most economists expect given the skewed nature of the tax cuts toward wealthier people, who are more likely to save than spend.

In 2001, Republicans addressed the politics of taxes by making big cuts across the board: an expanded child credit for low and moderate earners, a new lower tax bracket at the bottom, plus cuts in regular and capital income - tax rates for those at the top.

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.»

Consumer and business sentiment about the economy has risen sharply based on the notion the incoming administration of Republican President - elect Donald Trump and a Republican - controlled Congress would enact big tax cuts and infrastructure spending and loosen regulations, which would boost spending and investments.

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.

«There are a lot of people expecting a tax cut who will be big losers...

But Trump said he told Cook that he was planning a big tax cut and the elimination of many regulations that raise costs for companies operating in the United States.

As talk about the economy has largely focused on tax cuts, the U.S. budget deficit and the potential for trade tariffs, one of the biggest things investors and the general public seem to be missing is the increased spending soon to be pumped into the U.S. economy by the government.

It's not really a very big tax cut (~ $ 1.5 trillion in debt over 10 years implies a deficit of ~ $ 120 billion / yr, or ~.6 % of GDP).

Here is one of the biggest changes implemented by the Tax Cuts and Jobs Act.

If it's passed as is — and that's a big if, as many Democrats oppose it and some Republicans have questioned whether projected economic growth can offset the loss of revenue from these tax cuts — most Americans could see some benefit.

U.S. stocks took their biggest loss in five months Tuesday as a health care bill backed by President Donald Trump ran into trouble in Congress, which raised some questions about his agenda of faster economic growth spurred on by lower taxes and cuts in regulations.

O'Neil said he's skeptical about the assumptions that a Trump agenda of increased government spending and tax cuts will be fully enacted and lead to faster growth, higher inflation and bigger budget deficits.

Progressives often present corporate - tax cuts as having transferred billions of dollars from the Canadian government to big business.

At a moment when the Republicans are talking about entitlement reform, and Ben Carson, the Secretary of Housing and Urban Development, is proposing to triple the rents of some of the poorest people in the country, the sight of big banks reporting surges in profits that were fuelled by tax cuts raises alarming moral questions.

All told, though, the plan is, like its House counterpart, a proposal to dramatically slash corporate tax rates, open up a big new loophole for wealthy individuals, and pay for the cuts by dramatically expanding the national debt and ending a number of tax deductions that could leave a substantial share of middle - and upper - middle - class people paying more.

After drafting several resignation letters in the wake of the march, Cohn decided he would stay to help drive through the big tax cut bill that passed last year.

At first glance, United Continental Holdings appears to be a big beneficiary of recently enacted federal income tax cuts.

The easier way to compare this tax bill to the tax cuts under past presidents is to look at how big the cut is as a size of the economy, which is measured by gross domestic product.

President Trump often calls this tax cut the «biggest in the history of our country,» but The Washington Post Fact Check team gives that statement four Pinocchios.

Get ready for more years of gridlock and uncertainty in the world's most important economy, all because Republicans wanted to secure a big corporate tax cut before an arbitrary deadline of Christmas 2017.

But much of the research conducted thus far suggests otherwise; the Center on Budget and Policy Priorities, for instance, recently concluded that workers would receive a maximum of only a quarter of the benefits from tax cuts; and even then, it is most likely to be the higher earners that would be the biggest beneficiaries.

Significantly, the US current account was in slight surplus during the big tax cuts of 1964 and 1981 — in sharp contrast to today's deficit of 2.6 % of GDP.

He said the dollar faces a further slide if any Fed tightening is offset by a wider US deficit on the back of Donald Trump's big spending plans and tax cuts.

The market strategist sees «no levers left to pull» for a market that has been supported by factors such as a decade of ultra-easy money policy and, most recently, a big juicy corporate tax cut.

WASHINGTON (Reuters)- President Donald Trump proposed on Wednesday the biggest U.S. tax overhaul in three decades, calling for tax cuts for most Americans, but prompting criticism that the plan favors business and the rich and could add trillions of dollars to the deficit.

1) Abandon the Norquist Pledge 2) State a commitment to work towards bi-partisan debt reduction, which will include a mix of taxes and spending cuts 3) Realize the populace is evolving away from religion - based politics and that it is time to formulate policy under a much bigger tent

For example, he was quite explicit before he was elected about supporting a big tax cut and the partial privatization of Social Security.

Tax cuts for the rich, subsidies for oil companies that raked in billions in profits, laws passed making it much more difficult to declare bankruptcy and also legislation absolving big phrams of any lawsuits due to their non compete policies.

Ten of Australia's biggest companies have promised to «invest more in Australia» if the Turnbull government's plans to cut the company tax rate are passed by the Senate.

The Australian Industry Group accepts the federal government won't deliver a «Twenty20 Big Bash» budget but is urging prudent spending cuts to deliver a handful of key priorities across infrastructure, STEM training and a company tax cut.

The National Soft Drink Producers Association, which includes Coca - Cola Femsa SAB and Arca Continental SAB, Latin America's biggest Coca - Cola bottlers, estimates that a 1 peso per - liter soda tax would result in the loss of 20,000 jobs, from workers who cut sugar cane to those in factories.