That would let them avoid nasty headlines in the future, but it would also mean
a significant economic hit for a country that can't exactly take it in stride.
Not exact matches
The effects of forthcoming federal tax reform efforts — such as limitations on the deductibility for state and local taxes and the exemption for municipal bonds — could
hit the state hard, the duo said, and have «
significant implications» for the revenues of both New York City (the state's main
economic engine) and the state.
Juicy Excerpt: The third scenario is that we could see an
economic hit strong enough to bring on a
significant recession but not so strong as to bring on a Second Great Depression; there is a range of possibilities that follow from any P / E10 level so it is at least possible that we could avoid another Great Depression...