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Pelosi Questioned About 'Crumbs' Remark Again as Major Company Announces New Bonuses

United Technologies joined the league of major companies rewarding their employees with bonuses and announcing new hires in response to Republican tax reform. TheTax Cuts and Jobs Acts, signed into law last December, cuts the corporate tax rate from 35 percent to 21 percent, giving employers the opp

TOWNHALL - 2018-05-24 15:00:00

Poll: Trump Tax Reform, Obamacare Biggest Election Issues in California | Breitbart

Democrats, who already hold 39 of California’s 53 congressional seats, claim that there is a “blue wave” that could knock out many of the last 14 Republican U.S. House members in the state. The latest USC Dornsife/Los Angeles Timespoll of California registered votersfoundthat the two strongest issue

BREITBART - 2018-05-24 07:01:18

These Companies Gave Bonuses or Raises After Tax Reform

Tax Cuts and Jobs Acts into law on Dec. 22, 2017, reducing personal income taxes for most families for the next 10 years. Corporations, however, received much bigger and more permanent tax cuts with the new law reducing the corporate tax rate from 35% to 21% and reducing the tax on repatriated cash

CNBC - 2018-05-24 00:00:00

New IRS rules target state attempts to take sting out of Trump tax reform

After the tax overhaul Trump signed in December put a $10,000 cap on the federal deduction for state and local taxes, both states passed laws allowing people to get local tax credits for charitable contributions to local governments.

USA TODAY - 2018-05-23 22:59:00

Rockwell Automation (ROK) to Grow on Manufacturing Strength

On May 18, we issued an updated research report onRockwell Automation Inc.ROK. The company is poised to gain from favorable manufacturing environment, strength in heavy industries, positive impact of the tax reform, as well as increased investment. However, headwinds in transportation vertical are e


US companies are returning cash to shareholders at a record pace — and that's fueling everyone's biggest fear about tax reform

Favor your workers and sink money back into your businesses, observers said, worried that companies would instead spend the billions of dollars to boost their stock prices and reward shareholders.


Capital spending soars as business leverages GOP tax reform

Capital spending is spiking as U.S. companies pour money back into their businesses, taking advantage of a break under the Republican-led tax overhaul.Beginning this year, the law allowed companies to deduct from their reported income the full cost of large equipment and other non-real estate assets


Are Any of These 5 Tax Cuts Really in Danger?

tax reform went through on a largely party-line vote, with only narrow margins of victory allowing the tax cuts to become law. Even after suffering defeat, opponents of the measure think it's not too late to try to roll back some of the provisions of the reform law. In particular, Senate Democrats p


WATCH: An Exclusive With Speaker Ryan

In aBenson & Harfradio exclusive this week, Marie and Isat down with House Speaker Paul Ryanon Capitol Hill for a wide-ranging discussion. Among the topics we covered were Ryan's reflections on surrendering power on his own terms, post-Speakership plans, the Jerusalem embassy move andGaza violence,


Republican tax reform has brought our American economy back to life

Ninety percent of wage earners around the country are already seeing increased take-home pay because of tax reform. Under the bill, a family of four with annual income of $73,000 will see a tax cut of more than $2,058, a58 percentreduction in federal taxes. Similarly, a single parent with one child


Rep. Erik Paulsen: How tax reform brings opportunity to poor neighborhoods

America’s new economy is finally taking off.In January 2017, prior to tax reform and regulatory reforms, the Congressional Budget Office projected only 1.9 percent growth for 2018. CBO now projects 3.3 percent growth for 2018, the highest annual growth rate since 2005.While all Americans will benefi


Congress' tax reform bait-and-switch

While jobs and wages growth were the justification cited for a massive increase in the debt burden placed on the American people, that is no longer the focus of the supporters of the tax bill. Suddenly, stock buybacks are the economic elixir Americans should have been seeking all along.


How the Republican tax reform bill hurts many small businesses

While the Republican-ledtax reformbill contains some benefits for small businesses, it also hurts them -- at least indirectly. In some cases, provisions that ostensibly were put in the Tax Cuts and Jobs Act (TCJA) to help small business owners either don't actually help them or won't be taken advant


A $1.2 trillion money manager has a wake-up call for anyone who's bullish

But at a meeting last week the firm downgraded its views, saying that a year from now the economy may not live up to the lofty expectations. In that sense, it's a wake-up call for investors with rosier outlooks than theirs.


We need real tax reform, not just an extension of the Trump-GOP tax bill

By now, it’s crystal clear that the Trump-GOP tax law (theTax Cuts and Jobs Act, or TCJA) benefits corporations and the rich more than anyone else. But Republican leaders are pushing the idea that extending the law’s temporary provisions, which expire after 2025, would amount to a “middle-class tax


Likely Midterm Voters Repeatedly Say Immigration Is Biggest Priority, Tax Reform One of the Least

Likely voters have repeatedly told pollsters that immigration is their biggest priority heading into the 2018 midterm elections, while tax cuts are one of the least important issues.While the Republican establishment isattemptingto run their re-electioncampaignson tax cuts, Republican voters and swi


Tax reform's second windfall is occurring at the state level

According to a recent survey from Americans for Tax Reform,more than 500 businesseshave publicly announced bonuses, wage increases, 401(k) match increases, expansions, charitable contributions and utility-rate reductions as the result of the federal Tax Cuts and Jobs Act (TCJA) signed into law by Pr


The phony debt rhetoric of tax reform opponents

The tax cut law is proving more popular by the day, and for good reason. It’s been a boon to workers and families. So if you’re a Democratic senator who opposed tax reform, how do you justify your no vote to constituents?Simple: You reinvent yourself as a deficit hawk.Sen. Heidi Heitkamp, D-N.D., de


Bemis Banks on Agility Plan, Expenses Continue to Mount

On May 10, we issued an updated research report onBemis Company, Inc.BMS. The company is poised to gain from tax reform, its initiatives to improve cost structure through the Agility plan as well as focus on restructuring activities. However, raw material inflation, rising expenses and a challenging


Tax reform included ample short-term benefits, but many more are on the horizon

Is the new tax law working? Despite what you may havereadorheard, the answer is a resounding “Yes,” with the expectation that things will only get better.