And after digesting that which proves we have a moron in the WH try this
$1.5 trillion tax cut had no major impact on business spending
$1.5 trillion tax cut had no major impact on business spending
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Try this for startersDid you not see REUTERS at the top of the post?By Reuters
The Trump administration's $1.5 trillion tax cut package appeared to have no major impact on businesses' capital investment or hiring plans, according to a survey released a year after the biggest overhaul of the tax code in more than 30 years.
The National Association of Business Economics' quarterly business conditions poll, published on Monday, found that while some companies reported accelerating investments because of lower corporate taxes, 84 percent of respondents said they had not changed plans. That compares to 81 percent in the previous survey published in October.
The White House had predicted that the massive fiscal stimulus package, marked by the reduction in the corporate tax rate to 21 percent from 35 percent, would boost business spending and job growth. The tax cuts came into effect in January 2018.
"A large majority of respondents, 84 percent, indicate that one year after its passage, the corporate tax reform has not caused their firms to change hiring or investment plans," said NABE President Kevin Swift.
The lower tax rates, however, had an impact in the goods producing sector, with 50 percent of respondents from that sector reporting increased investments at their companies, and 20 percent saying they redirected hiring and investments to the United States from abroad.
You need to provide a source with that much quoted content.
I did, but you still need to provide a link.
/www.reuters.com/article/us-usa-fiscal-deficit/republican-tax-cuts-to-fuel-historic-u-s-deficits-cbo-idUSKBN1HG2RW
$1.5 trillion tax cut had no major impact on business spendingTry this for startersDid you not see REUTERS at the top of the post?By Reuters
The Trump administration's $1.5 trillion tax cut package appeared to have no major impact on businesses' capital investment or hiring plans, according to a survey released a year after the biggest overhaul of the tax code in more than 30 years.
The National Association of Business Economics' quarterly business conditions poll, published on Monday, found that while some companies reported accelerating investments because of lower corporate taxes, 84 percent of respondents said they had not changed plans. That compares to 81 percent in the previous survey published in October.
The White House had predicted that the massive fiscal stimulus package, marked by the reduction in the corporate tax rate to 21 percent from 35 percent, would boost business spending and job growth. The tax cuts came into effect in January 2018.
"A large majority of respondents, 84 percent, indicate that one year after its passage, the corporate tax reform has not caused their firms to change hiring or investment plans," said NABE President Kevin Swift.
The lower tax rates, however, had an impact in the goods producing sector, with 50 percent of respondents from that sector reporting increased investments at their companies, and 20 percent saying they redirected hiring and investments to the United States from abroad.
You need to provide a source with that much quoted content.
I did, but you still need to provide a link.
/www.reuters.com/article/us-usa-fiscal-deficit/republican-tax-cuts-to-fuel-historic-u-s-deficits-cbo-idUSKBN1HG2RW
Not the same story as the one you posted is it? Why the switch in stories?
$1.5 trillion tax cut had no major impact on business spendingTry this for startersDid you not see REUTERS at the top of the post?You need to provide a source with that much quoted content.
I did, but you still need to provide a link.
/www.reuters.com/article/us-usa-fiscal-deficit/republican-tax-cuts-to-fuel-historic-u-s-deficits-cbo-idUSKBN1HG2RW
Not the same story as the one you posted is it? Why the switch in stories?
Thought this was it
Try this for startersDid you not see REUTERS at the top of the post?By Reuters
The Trump administration's $1.5 trillion tax cut package appeared to have no major impact on businesses' capital investment or hiring plans, according to a survey released a year after the biggest overhaul of the tax code in more than 30 years.
The National Association of Business Economics' quarterly business conditions poll, published on Monday, found that while some companies reported accelerating investments because of lower corporate taxes, 84 percent of respondents said they had not changed plans. That compares to 81 percent in the previous survey published in October.
The White House had predicted that the massive fiscal stimulus package, marked by the reduction in the corporate tax rate to 21 percent from 35 percent, would boost business spending and job growth. The tax cuts came into effect in January 2018.
"A large majority of respondents, 84 percent, indicate that one year after its passage, the corporate tax reform has not caused their firms to change hiring or investment plans," said NABE President Kevin Swift.
The lower tax rates, however, had an impact in the goods producing sector, with 50 percent of respondents from that sector reporting increased investments at their companies, and 20 percent saying they redirected hiring and investments to the United States from abroad.
You need to provide a source with that much quoted content.
I did, but you still need to provide a link.
/www.reuters.com/article/us-usa-fiscal-deficit/republican-tax-cuts-to-fuel-historic-u-s-deficits-cbo-idUSKBN1HG2RW
And after digesting that which proves we have a moron in the WH try this
$1.5 trillion tax cut had no major impact on business spending