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GOP Tax cuts not spurring new growth, new survey finds

Posted on: January 28, 2019 at 13:49:21 CT
MrBlueSky MU
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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.

https://www.nbcnews.com/business/economy/1-5-trillion-tax-cut-had-no-major-impact-business-n963411?cid=sm_npd_nn_tw_ma
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GOP Tax cuts not spurring new growth, new survey finds - MrBlueSky MU - 1/28 13:49:21
     smart business and people don't make $$$ choices based on - tigerinhogtown STL - 1/28 16:21:05
     RE: GOP Tax cuts not spurring new growth, new survey finds - MOCO SON MU - 1/28 15:26:20
     This just in: tax increases spur MASSIVE GROWTH. - RayKinsella1922 SEC - 1/28 14:04:21
          You pay your bills, you pay your way - raskolnikov MU - 1/28 14:13:47
               The Obama economy debuted and reigned during eight years of - RayKinsella1922 SEC - 1/28 14:20:34
               It just took two more years for his poli is to take effect(nm) - tman MU - 1/28 14:15:39
                    It was a ROLLING TRAIN - raskolnikov MU - 1/28 14:32:17
                         To think Obama couldn't get it rolling in 8 years is funny - tman MU - 1/28 16:11:35
          If we just take all corporate profits that will ensure - tman MU - 1/28 14:05:29
               I'd like to announce the new 'Heaven's Gate' 200% tax rate. - RayKinsella1922 SEC - 1/28 14:11:11
     I support tax cuts in all forms (nm) - 90Tiger MU - 1/28 13:57:02
          I support paying our way and paying our bills - raskolnikov MU - 1/28 14:17:02
               paying who's way? - Spanky KU - 1/28 14:19:07
          except you like tax increases - meatiger MU - 1/28 14:00:10
               no (nm) - 90Tiger MU - 1/28 14:00:22
                    That is your defense of tariffs(nm) - meatiger MU - 1/28 14:01:02
                         not of tariffs in general, and what does that have to do w - 90Tiger MU - 1/28 14:01:54
                              A tariff is a tax - meatiger MU - 1/28 14:06:54
                                   yeah, you said that before (nm) - 90Tiger MU - 1/28 14:07:29
                              Tariffs are taxes on imports - MrBlueSky MU - 1/28 14:02:38
                                   I support, in the short term, the negotiating tactic - 90Tiger MU - 1/28 14:05:00
                                        You said you are anti taxes ITT - MrBlueSky MU - 1/28 14:09:54
                                             I'm anti taxes and anti-tariffs and support the tariffs in - 90Tiger MU - 1/28 14:13:11
                                        I'm going to increase spending for 8 years - Mormad MU - 1/28 14:05:48
                                             He supports spending billions on - meatiger MU - 1/28 14:08:20
                                                  You spend a lot of posts telling me and others very - 90Tiger MU - 1/28 14:09:21
                                                       RE: You spend a lot of posts telling me and others very - meatiger MU - 1/28 14:11:48
                                                            how do you know what border security will cost? There's - 90Tiger MU - 1/28 14:14:12
                                                                 RE: how do you know what border security will cost? There's - meatiger MU - 1/28 14:15:50
                                                                      what's the cost to the US taxpayer of illegal immigration? - 90Tiger MU - 1/28 14:19:03
                                                                           RE: what's the cost to the US taxpayer of illegal immigration? - meatiger MU - 1/28 14:22:22
                                                                                No, I"m suggesting your argument about $$ is a loser - 90Tiger MU - 1/28 14:28:35
                                                                                     LOL - meatiger MU - 1/28 14:31:50
                                                                                          So you've done what I said you'd do - deny that illegal - 90Tiger MU - 1/28 14:35:15
                                                                                               RE: So you've done what I said you'd do - deny that illegal - meatiger MU - 1/28 14:38:21
                                                                                                    that's a silly conclusion. If a "big gvmt program" result - 90Tiger MU - 1/28 14:40:31
                                                                                                         No..you are picking and choosing - meatiger MU - 1/28 14:45:38
                                             No, that's silly. Are you implying it is being done as - 90Tiger MU - 1/28 14:07:05
                                                  No, mostly because I don't think Trump is gonna get that - Mormad MU - 1/28 14:08:08
                                                       ok? (nm) - 90Tiger MU - 1/28 14:09:32
                         You first have to ask if it's a Trump idea - Mormad MU - 1/28 14:01:52
                              that's true about a lot of people on here - Ferg MU - 1/28 14:03:33
                                   I don't like tariffs in any direction. My limited support f - 90Tiger MU - 1/28 14:06:04
                                        He doesn't get that. Actually won't admit that you might - tman MU - 1/28 14:07:17
                                             what's the end game for the 25% steel and 10% aluminum - Ferg MU - 1/28 14:11:05
                                                  You mean tariffs I don't support? You tell me (nm) - 90Tiger MU - 1/28 14:14:46
                                                  Shhhh, the aluminum is helping Russian buddy - Mormad MU - 1/28 14:13:32
                                                       RE: Shhhh, the aluminum is helping Russian buddy - 90Tiger MU - 1/28 14:15:00
                                             of course. and I don't support a policy of tariffs to suppo - 90Tiger MU - 1/28 14:08:03
                                                  What are your thoughts on the steel tariffs? - meatiger MU - 1/28 14:10:54
                                                       RE: What are your thoughts on the steel tariffs? - 90Tiger MU - 1/28 14:15:13
                                                       That's being touted as major job gains in Granite City(nm) - Mormad MU - 1/28 14:14:25
                                                            The only thing that could fix Granite City - Ferg MU - 1/28 14:16:34
                                                            RE: That's being touted as major job gains in Granite City(nm) - 90Tiger MU - 1/28 14:15:21
                              I support tax cuts in all forms, from all parties, from - 90Tiger MU - 1/28 14:02:25
                                   How are we going to pay for that glorious wall then? - Mormad MU - 1/28 14:03:38
                                        I don't know, how many topics do you want to cover here? - 90Tiger MU - 1/28 14:08:45
                                             About the same as you - Mormad MU - 1/28 14:11:08
     So how do you explain the jobs reports - tman MU - 1/28 13:51:57
          More people are working, that's how I explain it - MrBlueSky MU - 1/28 13:55:36
               That's darn near impossible, and you know it. - RHAYWORTH MU - 1/28 13:59:50
               You can't really be this short minded - tman MU - 1/28 13:59:12
                    Guess the 84% of respondents in the survey I referenced - MrBlueSky MU - 1/28 14:03:21
                         What. Link it here(nm) - tman MU - 1/28 14:04:17
                              RE: What. Link it here(nm) - MrBlueSky MU - 1/28 14:08:42
                                   So there is a quote in there without the underlying - tman MU - 1/28 14:12:57
                    but the weren't PLANNING on it!(nm) - dangertim MU - 1/28 14:01:03
     But your parties massive tax increases will, right? - RHAYWORTH MU - 1/28 13:50:44
          Lol, nice what about to start the responses! - MrBlueSky MU - 1/28 13:54:08
          business are bad and must be punished - Ferg MU - 1/28 13:52:14
               He will run from the this thread soon(nm) - tman MU - 1/28 13:53:31
                    Lol, you keep predicting that - MrBlueSky MU - 1/28 13:54:27
                         You have run from all others today(nm) - tman MU - 1/28 14:00:08




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