Sentences with phrase «says tax cuts»

«Let the current one take place first to see what kind of impact it's had on growth,» said Biryla, who says tax cuts for businesses would be better for overall job creation.

But Republican congressional candidate Chris Collins says the tax cuts should be extended for everyone.

Tenney also says these tax cuts will be critical to job creators in her district, so that they can compete on a level playing field.

And he says some tax cuts for middle class New Yorkers that begin to take effect this year need to be speeded up.

The governor says tax cuts will be the centerpiece of the agenda for next year.

NEW YORK, April 5 - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money.

Those with higher household incomes are slightly more likely than those with lower incomes to say the tax cuts would help their family's financial situation.

Rounding out the top three most repeated claims, Trump has said the tax cut he signed into law in December was the largest in history, and larger than the one passed under President Ronald Reagan.

Thirty - seven percent of millionaires told CNBC that the election results will cause them to make major changes to investment choices, while 40 percent of millionaires said any tax cut will lead to increased investment in stocks.

NEW YORK (Reuters)- JPMorgan Chase & Co (JPM.N) Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in an annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts were helping his bank make more money.

NEW YORK, April 5 JPMorgan Chase & Co Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in his annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts are helping his bank make more money.

NEW YORK JPMorgan Chase & Co Chief Executive Officer Jamie Dimon complimented the administration of President Donald Trump in an annual letter to shareholders on Thursday, saying tax cuts and deregulatory efforts were helping his bank make more money.

He attacked the process by which the bill was considered — «a stealth attack on democracy» — and said the tax cut for New Yorkers making between $ 20,000 and $ 200,000 is barely a few dollars a week.

Fact free Trum that'll be your handle so why don't you tell us another fantasy, the 1 where Cuomo said the tax cuts are going to be bad for NY because he said so?

Durant has said the tax cuts won't impact may small business owners, and while some small businesses are in line with his concerns, others see Cuomo's point.

Ron Deutsch of the Fiscal Policy Institute said the tax cut is meant to offset the damage caused to small businesses by an upcoming minimum - wage hike that's also part of the budget.

Despite the initial return of money to people's pockets, Liu's report said the tax cut does raise concerns, especially about how it will undercut the nation's ability to pay for Social Security benefits.

Not exact matches

«In general, higher income households receive larger average tax cuts as a percent age of after - tax income, with the largest cuts as a share of income going to taxpayers in the 95th to 99th percentiles of the income distribution,» TPC's report said.

The tax cut could also spur industrial giants to divest businesses that aren't core to current strategy, Jefferies said.

The U.S. market could become too hot as tax cuts and more government spending stoke an already strong economy, says Sim Moh Siong of the Bank of Singapore.

«An excise tax on the endowments of some private colleges and universities, regardless of how many or how few institutions it affects, is a remarkably bad idea that takes money that would otherwise be used for student aid, research, and faculty salaries and sends it to the Department of the Treasury to finance corporate tax cuts,» said Ted Mitchell, president of the American Council on Education, a higher education trade group.

Ryan also began to couch his language, saying that «average households at every income level see a tax cut.»

BMO Capital's Justin Hoogendorn said 45 states had cut some spending, while 30 states had raised taxes.

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.

THE OFFICIAL REACTION: Finance Minister Vítor Gaspar said the ratings cut failed to reflect broad political support for the country's latest financial rescue program, and also a new income tax which he portrayed as «proof of the government's determination» to meet stated deficit targets.

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.

I want to cut the hell out of taxes,» he said at a rally in Nashville last night).

AshLee Strong, a spokesperson for Ryan, told the Washington Post on Thursday that the speaker misspoke when he said everyone would get a tax cut.

He says the group, on average, paid higher taxes before the cuts and would therefore see a bigger profitability boost.

As for «peak earnings,» Michael Wilson, chief U.S. equity strategist and CIO of Morgan Stanley Wealth Management, said in a note to clients on Sunday that» [W] e think the market is digesting the fact that the tax cut last year has created a lower quality increase in US earnings growth that almost guarantees a peak rate of change by 3Q.»

What's certain, says Sarah Carlson, a senior vice president at Moody's Investors Service, is that «the longer we wait, the tougher the choices on benefits cuts and tax increases become.»

Clinton said she'd make the tax system more fair, would close loopholes for the wealthy, and create tax cuts for the middle class.

The company said that approximately $ 19 billion of the charge is related to recalculating the value of tax assets as a result of the new corporate tax cuts.

«Many investors point to the rally in US equities since August as evidence that a tax cut is already priced in,» said Parker.

WASHINGTON, Oct 9 - A top Senate Democrat on Tuesday said new tax revenues should go to reducing the federal deficit, not cutting tax rates, dismissing as «obsolete» a Reagan - era model of tax reform.

TORONTO — The Liberal government will not «act in an impulsive way» in response to U.S. corporate tax cuts that economists say pose a threat to Canada's competitiveness, the federal finance minister said after a pre-budget meeting Friday.

The company «celebrates the Trump tax cuts with massive layoffs, share buybacks,» said Salon, and will «use savings from tax cuts to pay for layoffs,» said Washington's political chronicle, The Hill.

Trump has indicated that corporate tax rates could be cut from 35 percent to 15 percent and his Treasury Secretary nominee, Steven Mnuchin, has suggested tax reforms remain a top priority, the bank said.

The Journal also says that cutting the pass - through rate to 15 percent would add more than $ 1 trillion to the 10 - year cost of any tax plan.

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.

Trump «has yet to deliver on cutting taxes and bringing back overseas earnings, but both remain possible,» said Ed Yardeni, president and chief investment strategist at Yardeni Research.

But some analysts said the healthcare failure could be a good thing for Trump and the GOP's push to cut taxes.

«As a tax cut gets closer to passage (and assuming it is passed), the potential tailwind to earnings and nominal growth is likely to drive incremental fund flows into US equities,» Parker said.

«Once tax cuts kick in, we should see GDP growth north of 3 percent easily,» said Massud Ghaussy, senior director of advisory services at Nasdaq Advisory Solutions.

Trump and his top aides have said the changes won't cut taxes for the highest earners, statements that are demonstrably false.

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.

«Any reductions we have in upper - income taxes will be offset by less deductions so that there will be no absolute tax cut for the upper class,» Treasury Secretary Steven Mnuchin said Nov. 30, 2016, in an interview on CNBC's «Squawk Box.»

«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.

WHAT THEY SAID: «Wealthy Americans are not getting a tax cut,» Gary Cohn, Trump's top economic adviser, said Sept. 28 on ABC's «Good Morning America.&raSAID: «Wealthy Americans are not getting a tax cut,» Gary Cohn, Trump's top economic adviser, said Sept. 28 on ABC's «Good Morning America.&rasaid Sept. 28 on ABC's «Good Morning America.»

Before she could really put her foot in her mouth, Greenspan graciously interrupted and said, «No, Ma'am, I am saying that without tax cuts the surplus will be $ 500 billion in ONE YEAR.