![]() Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Factset: FactSet Research Systems Inc.2019. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Businesses would be able to invest in new equipment and hire additional workers without out some of the tax penalties they now face for those moves.īut it would only boost economic growth by about 1% more than current projections and add about 1.4 million additional jobs over a decade - about 10,000 jobs a month. Part of that lost revenue would be made up by somewhat stronger economic growth. The fact that everyone is paying less in taxes means the government would collect less tax money - about $2.9 trillion less over the course of the decade, according to the Tax Foundation. Related: Who pays the most income taxes? People 45 and up The column was short on details, and Paul's campaign did not return calls for comment.īut according to the Tax Foundation, a conservative leaning but non-partisan think tank that did see Paul's plan, wealthier taxpayers would be the big winner under the plan.Īndrew Lundeen, director of federal projects at the Tax Foundation, broke down how much of a boost in after-tax income taxpayers would see:
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