Trump’s Corporate Tax Cuts Won’t Spur CEOs to Invest, Say CEOsOr lower their prices.
Or raise salaries.
Or hire more employees.
Or invest in better technology.
Etc.
Trump’s Corporate Tax Cuts Won’t Spur CEOs to Invest, Say CEOsOr lower their prices.
Or raise salaries.
Or hire more employees.
Or invest in better technology.
Etc.
For more than 30 years, colleges and universities have leaned on an obscure tax rule that allows sports boosters to make tax-deductible contributions to their teams. Athletic fundraisers around the country say that’s an advantage that generates millions in annual revenue – and one that’s threatened by Republican tax legislation.
The issue revolves around donations that confer the right to buy top-tier football and basketball tickets. Modeled after seat licenses in pro sports, these “contributions” have historically been 80 percent tax deductible and have become one of the three main revenue streams in college sports. Ticket sales and money earned from media rights are the other two.
The bill approved by the House Thursday would remove the tax incentive tied to those donations. Congressional tax writers say other kinds of tax relief in the bill are more important. “If seat license revenue is important to state-based colleges and universities, then states themselves can provide this tax benefit rather than federal taxpayers,” a House Ways and Means Committee spokesperson said in an email.
Watch CEOs admit they won’t actually invest more if tax reform passesOr lower their prices.
Or raise salaries.
Or hire more employees.
Or invest in better technology.
Etc.
But, if you are so sure you know that only shareholders will benefit, then by all means be a shareholder. Take advantage of that superior knowledge. If you know that extra money is going to be there don't pass it up.
A few CEOs speak for all CEOs? No. And that's why my list contains "or" as its prefix. More accurately it should read "and/or". Each business will react to market and political forces and make the appropriate decisions. Regardless, I'd much rather see more of the private sector's money in the hands of the private sector instead of the wasteful hands of government.
https://www.washingtonpost.com/news/wonk/wp/2017/09/27/beware-of-trumps-claim-that-wages-will-soar-after-he-cuts-taxes/Or lower their prices.
Or raise salaries.
Or hire more employees.
Or invest in better technology.
Etc.
But, if you are so sure you know that only shareholders will benefit, then by all means be a shareholder. Take advantage of that superior knowledge. If you know that extra money is going to be there don't pass it up.
Actually both sides only care about the people who will re-elect them. Everybody else can just deal with their mistakes. and that is what is consistent.Once you understand that, to the GOP, billionaires and corporations are the only Americans that matter, it's actually a pretty consistent philosophy.
The repeal or revision of higher education tax benefits in the House Republican bill would cost students and families more than $71 billion over the next decade, according to an official analysis by Congress's Joint Committee on Taxation.
I don't disagree, but I'm also going to push back against the false equivalence that some (not necessarily you with this post) make.Actually both sides only care about the people who will re-elect them. Everybody else can just deal with their mistakes. and that is what is consistent.
Note to all, think carefully about becoming or continuing to be owners in any such companies.
IMO the best thing government can do to lower tuition is to get out of the student loan business. Causing costs to rise and then trying to make up for some it on the back end through deductions, exemptions, etc. is too much bureaucracy and too much inefficiently rigging the system. Far too many people take on too much debt pursuing degrees that don't improve one's lot in life. The government encourages way too many bad decisions.
Sure, I'd much rather trust Betsy DeVos with my student loans.IMO the best thing government can do to lower tuition is to get out of the student loan business. Causing costs to rise and then trying to make up for some it on the back end through deductions, exemptions, etc. is too much bureaucracy and too much inefficiently rigging the system. Far too many people take on too much debt pursuing degrees that don't improve one's lot in life. The government encourages way too many bad decisions.
Dems aren't financing tax cuts on the wealthy donor class by taking away healthcare from children and poor Americans.
Cheap money always leads to a bubble. When it bursts, the folks who created it clamor for more gubbament control.IMO the best thing government can do to lower tuition is to get out of the student loan business. Causing costs to rise and then trying to make up for some it on the back end through deductions, exemptions, etc. is too much bureaucracy and too much inefficiently rigging the system. Far too many people take on too much debt pursuing degrees that don't improve one's lot in life. The government encourages way too many bad decisions.
You know what my company does with extra money? Uses it for acquisitions. You know what happens during acquisitions? Streamlining operations a.k.a. layoffs. So when CEO's say they are going to look for acquisitions, this is going to have a negative impact on jobs.Note to all, think carefully about becoming or continuing to be owners in any such companies.
My firm by the way is already considering all the financial opportunities that will arise with materially lower corporate taxes. It could have a meaningful impact on customer costs for example.
A timely example of the glorious free market at work.Sure, I'd much rather trust Betsy DeVos with my student loans.
Students who attended for-profit colleges filed more than 98% of the requests for student loan forgiveness alleging fraud by their schools, according to an analysis of Education Department data published Thursday.
don't you know that using loans for anything other than a stem or business degree is a fraudA timely example of the glorious free market at work.
Almost all student loan fraud claims involve for-profit colleges, study finds