Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in
tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
tax law, such as the effect of The
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other thin
Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control
over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
While Republican leaders argued it would, every major independent analysis of the bill, known as the
Tax Cuts and Jobs Act, showed that it would grow the federal debt
over the next 10 years even when accounting for that increased growth.
According to Congress's Joint Committee on Taxation, the
Tax Cuts act, signed in December, will decrease expected revenues by a total of $ 1 trillion
over the next 10 years, an average of $ 100 billion annually, even after any boost to growth and incomes from lower
taxes.
On a weekly or bi-weekly basis, business owners or their accountants must pour
over spreadsheets, making calculations, filling out government forms, and
cut checks for various
taxes and payments and then often deposit those payments into various accounts.
U.S. bonds rose on concerns
over Donald Trump's ability to deliver on key campaign pledges such as
tax cuts and infrastructure investment.
The
tax, announced in March 2016, has already
cut sugar content in drinks by 45 million kg per year, Britain's Treasury said, as
over 50 percent of manufacturers have reformulated their products to be below the levy's sugar threshold.
Concern
over tax hikes
cut across party lines.
WHAT THEY DID: An earlier version of the Senate plan would increase deficits by roughly $ 1 trillion
over 10 years, even when taking into account additional economic growth forecast with the
tax cuts, the Joint Committee on Taxation said last week.
Tax cuts, infrastructure spending and corporate cash repatriation should remain positive for U.S. markets
over the next couple of years, but Rogers sees better opportunities internationally.
In the first two years, «Obama and the Democratic majorities bent
over backwards to develop the Mitt Romney version of national health care and also to give a third of the stimulus package to
tax cuts,» Jillson says.
CBO says economic growth from the
tax cuts will add 0.7 percent on average to the nation's economic output
over the coming decade.
That «
tax cuts trickle down» myth has been disproven
over and
over again, and it especially won't work now.
Similarly, Jerry Moran of Kansas has expressed worry
over the repeal of Obamacare's individual mandate and his own state of Kansas» failed history with
tax cuts.
With the economy humming and the
tax cuts adding further stimulus this year, the Federal Reserve has made it clear that its decade - long policy of extraordinary accommodation is
over.
According to a new report from the Joint Committee on Taxation, the House GOP
tax reform bill — the Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implement
tax reform bill — the
Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion over the 10 years after it is implement
Tax Cuts and Jobs Act (TCJA)-- would increase the federal deficit by $ 1.487 trillion
over the 10 years after it is implemented.
Other analysts are starting to see a potential dovish surprise when Powell takes
over in February, the
tax cuts could kick in, and the Fed stands aside.
Timmer: Yeah, so last August which was a key inflection point for the market — because at that point, nobody was expecting
tax cuts anymore and the 10 - year Treasury had fallen to 2 %, and the bond market which of course is always pricing in the potential future, was pricing in only one more rate hike
over the subsequent two years.
But in Canada, partisan politics threaten a much - lauded regime of corporate
tax cuts, just as storm clouds are forming
over the economy.
Clinton's husband presided
over a bipartisan
tax cut in 1997 that lowered the marginal rate for the middle class, and raised the capital gains
tax.
But given Trump's unwillingness to stake out clear positions on
taxes and spending, and his enthusiasm for threatening trade wars with China and Mexico, supporting Trump could risk elevating the populist, protectionist wing of the Republican party
over the significant chunk of Republicans who believe in
cutting spending and promoting free trade.
All in all, the Trump
tax plan would wastefully increase deficits by at least $ 3.5 billion over ten years — with half of all tax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analys
tax plan would wastefully increase deficits by at least $ 3.5 billion
over ten years — with half of all
tax cuts going to the top 1 % — while actually raising taxes on nearly half of all families with children, according to the nonpartisan Tax Policy Center's (TPC) analys
tax cuts going to the top 1 % — while actually raising
taxes on nearly half of all families with children, according to the nonpartisan
Tax Policy Center's (TPC) analys
Tax Policy Center's (TPC) analysis.
Trump's plan to
tax pass - through income at 15 % could
cut tax revenue by as much as $ 1.95 trillion
over a decade, a report said.
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.
Think concerns
over the coming federal spending
cuts and
tax increases are overblown?
So the pre-election Republican position, backed by allies such as the Chamber of Commerce, to extend all of the
tax cuts and postpone all of the spending
cuts until the leaders work out a deal is not likely to win
over many Democrats, who seem more inclined to let the
tax cuts expire and start from scratch next year, presumably making it harder for Republicans to resist.
Over at the National Federation of Independent Business, the conservative lobbying group,
tax counsel Chris Whitcomb says that the most urgent business in Washington is to postpone the
tax cuts for everybody.
Several months later, Knight disagreed with Mnuchin
over how to pay for the large
tax cuts the administration proposed.
Instead, he says Canada should focus on
tax reform
over cuts.
He wants to roll back Bush - era
tax cuts for individuals making
over $ 200,000 and couples making more than $ 250,000.
Disagreement among U.S. congressional Republicans is already swirling around a
tax cut plan unveiled days ago by President Donald Trump, with disputes
over proposals to repeal a deduction for state and local
tax payments and repeal the
tax on inheritances.
And late last year, the Republican
tax cut was enacted that will add more than $ 1 trillion to federal budget deficits
over a decade.
Although Republicans generally support the bill's broader themes, including a sharp
cut in the corporate income
tax, there are rumblings of dissent
over other elements, including repeal of the deduction for state and local income
tax (SALT) payments.
Discussions among President Donald Trump's economic advisers
over promised
tax cuts for corporations and individuals have taken on new urgency.
In a commentary in The Wall Street Journal this week, former vice president of the Federal Reserve Alan Blinder writes that Trump's
tax cut plans — the largest of all the presidential candidates — would cost the nation $ 9.5 trillion
over the next decade, which in turn would make the budget deficit balloon to ruinous effect.
Major drivers of the increase
over that last decade according to the PEW Center were: recession related revenue declines (28 %), defence spending (13 %; cost of the wars on terror alone were
over $ 2.4 trillion to the end of 2009 according to Homeland Security Research), Bush
tax cuts (13 %), increases in net interest (11 %), and other non-defence spending (10 %).
And because Senate rules will require the plan to fit within a budget resolution that will most likely allow only $ 1.5 trillion in revenue losses
over a decade, lawmakers will have to trim its proposed
tax cuts — or add new
tax increases — to meet that specification before it can become law.
The market's price - to - earnings ratio (based on the latest 12 months reported results) raced higher in late 2017 and through January on growth - stock leadership and enthusiasm
over tax -
cut - juiced profit windfalls for companies.
Moody's forecasts that debt to national income will jump to just
over 100 % by 2027, and that the new
tax cuts will have added 5 points to the previous forecasts of around 95 %.
They also found that while most would see a
tax cut in the initial years of the legislation, many would see little change or an increase
over time.
The yield curve may also be narrowing
over concerns that a boost to fiscal policy through
tax cuts and an increase to spending caps may foreshorten the U.S.'s second - longest economic expansion.
Both versions of the bill would
cut taxes by about $ 1.5 trillion
over the next decade, slashing the corporate
tax rate and doubling the standard deduction used by most Americans.
«The Treasury Department estimates that the Administration's
tax cut proposals would (1) increase
tax receipts from the AMT by $ 262 billion
over the 2002 - 2011 period, and (2) increase the number of taxpayers in 2011 who have additional
tax liability because of the AMT from 20.4 million to 34.7 million.»
The decision to turn
over record amounts of cash to shareholders was a direct results of the
Tax Cuts and Jobs Act passed by Republican lawmakers in December.
Unless, of course, you are talking about the families of the wealthy and privileged who have received about 70 per cent of federal personal
tax cuts over the past 10 years.
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).
So Senate Republicans decided to comply with the rule by simply having all the most expensive individual
cuts in the bill expire, and paying for permanent corporate
tax cuts by reducing access to subsidized health insurance and using chained CPI to raise individual
taxes over time.
Ryan Avent pointed out that even if we enacted Trump's massive
tax cuts and spending increaes, adding $ 34 trillion in new debt
over the next two decades, our ratio of debt to GDP two decades from now would still be 30 percentage points less than Japan's government debt ratio is right now... and the market is still buying their negative interest rate long term debt...
Moreover, we understand that you support entitlement reform, but do you believe that it is politically realistic for the Republicans to actually achieve your goal when it would entail asking seniors to sacrifice by
cutting Social Security and Medicare shortly after Republicans argued that we could afford to add
over a $ 1 trillion to the deficit for
tax cuts that largely benefit corporations and high - income households?
First, many members of Congress are citing growth estimates consistent with your letter to claim that the
tax cuts would pay for themselves and that the legislation being considered by Congress would not add to the deficit or debt
over the next decade.
Would it be fair to say that you agree with Martin Feldstein (who did not sign the letter) that these
tax cuts will not pay for themselves and, in fact, would add about
over $ 1 trillion to the debt
over the next decade?