Word: investments
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...code and write a simpler, fairer one? How naive! Drastically reduce top tax rates to their lowest levels in 58 years by throwing out the special breaks and deductions that have accrued over the past four decades? No way! Let the free market determine how people spend and invest their money rather than allow shills for favored industries to use the tax code to tinker with the economy? Get real! Such a drastic overhaul would amount to putting the public interest ahead of special interests -- in this case nearly every interest with enough clout to hire a lobbyist. And everybody...
Some business economists are concerned that the bill could lower overall growth by crimping business investment. But the impact will depend largely on factors that are difficult to crank into a computer. Says Ira Shapiro, director of tax policy for the accounting firm Coopers & Lybrand: "The changes are so dramatic that they will alter the way people invest and consume as well as business strategies across the board...
Beryl Sprinkel, chairman of Reagan's Council of Economic Advisers, forecasts that production will grow 10% more over the next five years than it would under the present tax code. One reason: consumers who save on taxes will have more money to spend and invest. A bigger factor is that the bill would remove the distortions that are created by the existing maze of incentives and exemptions. No longer will businessmen waste their ingenuity devising elaborate schemes to turn ordinary income into capital gains. Dollars will flow to the most productive uses rather than being diverted into agricultural enterprises designed...
...have jumped from about 10% of long-distance retailer revenues two years ago to more than 50% today. Moreover, the sudden price hikes are coming just as the carriers must further modernize their equipment to take advantage of their improved equal-access connection. US Sprint and MCI plan to invest billions in capital improvements...
...threaten to put a tag of $100,000 or more on a turn-of-the-century education. One such measure has passed the Michigan house of representatives and is pending before the state senate. If the bill passes, as expected, it would enable Michigan parents with newborn babies to invest roughly $3,000 in future tuition with a new state authority. In return, the children would be guaranteed a full four years at any of the 15 colleges in the state system starting in 2005. For the state, meanwhile, the money would have ballooned in a way that private investments...