Sentences with phrase «slash their rates for»

Fueling the giddiness is the President's signature legislative achievement: the Tax Cuts and Jobs Act, which slashed rates for corporations from 35 % to 21 %.
Republican lawmakers unveiled their historic tax - reform plan, a bill that slashes rates for the wealthy and businesses, gives smaller cuts to the middle class and eliminates the ObamaCare mandate that Americans buy health insurance or face a penalty.

Not exact matches

Cruz favors a 10 percent flat tax for individual filers, and he'd slash corporate taxes to a rate of 16 percent, down from the current top rate of 35 percent.
The state, which has the highest incarceration rate in the country, is feeling the pressure of a massive criminal justice budget, and is already slashing funds for public defenders.
«It's time to give American workers the pay raise that they've been looking for for many, many years,» Trump said in explaining his desire to slash the corporate tax rate to 15 percent, down from the current statutory rate of 35 percent.
President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the «massive» tax cut he promised without also blowing a massive hole in the budget?
Former New York Mayor Michael Bloomberg made history by passing an indoor smoking ban for bars and restaurants in the city which has been credited with slashing hospitalization and heart attack rates.
Wireless revenue accounts for over half of Rogers» revenue, and the company has moved to bolster its market position with a $ 3.3 billion purchase of spectrum earlier this year and the slashing of roaming rates.
The House bill slashes tax rates for large corporations, small businesses, and wealthy Americans, while sharply reducing or eliminating tax breaks that benefit many middle - class Americans such as deductions for state and local taxes, college tuition and home mortgage interest.
The Fed raised short - term rates last month for only the second time since the 2007 - 2009 financial crisis, when it slashed rates to near zero and began buying massive amounts of Treasuries and mortgage - backed securities to push down long - term borrowing costs.
The Republican tax plan unveiled last month calls for slashing the corporate income tax rate to 20 percent from the current level of 35 percent, which many multinationals already avoid paying by taking advantage of abundant tax loopholes.
President Donald Trump on Friday signed into law a massive $ 1.5 trillion tax bill, capping off a yearlong effort by the White House and Republicans in Congress to slash tax rates for both corporations and individuals.
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.
The plan, crafted by Senate Finance Committee Chair Orrin Hatch and Majority Leader Mitch McConnell, would slash corporate tax rates permanently, offer temporary cuts for individuals, and repeal the individual mandate in Obamacare, a $ 338 billion health care cut that leaves 13 million more people uninsured by 2027.
It can be argued that this bill helps big business more than small — by slashing the corporate tax rate and allowing big corporations the ability to claim major deductions and pay fewer taxes, but there are some benefits for small business as well.
News of Walmart's investment was cheered by supporters of the tax plan, which slashes the U.S. corporate tax rate from 35 percent to 21 percent and includes other features expected to generate windfall profits for companies.
The Deferred Action for Childhood Arrivals program changed the lives of young people who came to the United States illegally as children in incredible ways — boosting high school graduation rates and college enrollment, while slashing teen births by a staggering 45 percent.
Among other things, the U.S. tax package slashed the federal corporate income tax rate from 35 per cent to 21 per cent, allowed for full expensing of investments in machinery and equipment and introduced new international tax rules.
It wasn't long ago that economists were worrying about the threat of a populist takeover in the Europe and predicting an investment led boom in the U.S.. However, since the start of the year, ratings agencies have upgraded their growth forecasts for Europe's largest economies and slashed its predictions for the U.S. Moody's is expecting...
The report saw investors slash expectations for a rate hike from the Bank of England at its upcoming meeting next week after overall economic growth slowed to near stagnation in the first quarter.
Here are some of the key findings: Full Year 2015 GDP Growth Slashed The forecast for the annualized growth rate for 2015 was slashed to 2.4 percent growth Slashed The forecast for the annualized growth rate for 2015 was slashed to 2.4 percent growth slashed to 2.4 percent growth from...
That, combined with the company slashing its capital expenditure, its focus on efficiencies and a 10 per cent reduction in staff, was enough for S&P to maintain Orica's investment rating.
SEE ALSO: Tottenham eye deadline - day transfer swoop for glittering Ligue 1 attacker Tottenham ready to make late move for # 20m - rated Premier League attacker Odds slashed for Manchester United to sign # 15m Championship striker and Tottenham transfer target
Odds slashed on Robin van Persie signing for Chelsea Chelsea ready to make # 45m - rated striker their top transfer priority Chelsea's next big thing sent on loan to Spain as Hiddink denies youngster first - team chance
Sir Roger said Mr Lansley only visited him for the first time two weeks ago, despite a slashing of the death rate for heart disease by 50 % and reduced waiting times with a minimum of private sector involvement.
As well as house building, the Labour leader will today pledge to slash business rates for small firms and pay for the move by cancelling the coalition's corporation tax cuts in 2015 and 2016.
Even while they've been able to find billions of pounds to cut taxes for the richest corporations, to cut capital gains tax for the super-rich elite and to scrap the 50 % rate for the richest too, and found billions more to cut inheritance tax on the wealthiest estates and to slash the bank levy.
And frankly, I am appalled that you voted for a man who has absolutely zero respect for women... among many other types of people and is running a slash and burn hateful campaign preying on peoples» fears and prejudices with crackpot proposals that would, if ever implemented, double — if not triple — the poverty rate, the unemployment rate, the homelessness rate, the suicide rate, deprive businesses of their customer base forcing many to fail, and on and on with the downward spiral.
The White House and congressional Republicans are finalizing a tax plan that would slash the corporate rate while likely reducing the penalty for the wealthiest Americans, with Trump ready to roll out the policy proposal at midweek.
Borrowing slashed so that economy - wide interest rates can stay lower for longer.
For businesses, the bill would slash the corporate tax rate from 35 to 20 percent and lower taxes for certain small companiFor businesses, the bill would slash the corporate tax rate from 35 to 20 percent and lower taxes for certain small companifor certain small companies.
Mayor de Blasio was on the hot seat for the first installment of his new TV show Sunday, as viewers grilled him on a federal probe of two of his campaign donors, a spate of Big Apple slashings, and his plummeting approval ratings.
JON SOPEL: Now you went into the last election, the Labour Party did with a very clear manifesto and unless I'm very much mistaken I don't think there was any reference to nationalising key parts of the industrial and financial sectors, getting rid of nuclear weapons, slashing defence spending and higher tax rates for the better off?
This could be because while treating these «core groups» slashes infection rates, it also selects for antibiotic resistance, which then spreads.
Paul Refenes of University College London, who developed the learning procedure for the neural network, says the loss was caused by the US slashing its interest rates in December, which was impossible to predict.
But the source also acknowledged that any proposal to slash the rates would run into fierce opposition from universities, which argue that indirect costs are vital for maintaining high - quality research infrastructure and that they are already subsidizing the true cost of running a research lab.
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The dropout rate for black and Hispanic students especially, she said, has been slashed significantly since the 1970s.
Honda recently reduced lease rates for its Fit EV by $ 130 a month, while Ford also slashed the price of the Focus Electric by $ 4000, bringing its MSRP to $ 35,995.
(Many smaller publishers, which pay royalties on net proceeds to begin with, often slash the royalty rate in half on discounts from 50 — 70 %, and by 2/3 for greater discounts.)
If Google decides to slash prices that far it risks facing a manufacturer mutiny, threatening the long - term viability of Android as platform in a quest for quick boost in adoption rates.
In an environment where banks have been slashing interest rates for years, -LSB-...]
In an environment where banks have been slashing interest rates for years, EverBank's rate and the promotional offers stand out for people who want to get better returns for their hard earned money.
Just because a company currently pays out a dividend doesn't mean they always will; a bad year or quarter could lead a company to slash their dividend rate or even get rid of the dividend altogether to free up cash for business.
• The Punch Bowl Caucus: In the past week, a strange group has been pleading for the Federal Reserve to return the punch bowl to the toga party — to slash interest rates to restart the Wall Street party.
BMO chief economist Doug Porter said slashing the rate would likely be a positive for the economy because people might work more when they can keep a bigger portion of their earnings.
Earlier this week, TD Bank also predicted another cut to the central bank's key interest rate as it slashed its 2015 forecast for the Canadian economy amid low oil prices.
For instance if you purchased your car at 12 % due to flaws in your credit score, you could always refinance your car when the interest rate drops and you may have it slashed down to 6 % depending on the severity of your credit score.
Ask your provider (s) to cut the rate — sometimes simply calling and asking your existing credit card company for an interest - rate reduction can work to slash the costs of existing credit, without needing a balance transfer.
This alteration represents a slight rate slash on the high end for their student loan refinancing business while the low end remains the same.
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