Page 16 - The South China Business Journal
P. 16
C. Today
Boeing's 737 Max 9 jetliner at the company's manufacturing facility in Renton, WA. [Photo/David Ryder, Bloomberg]
These Companies Made
Big Announcements
after U.S. Congress Passed
Tax Reform
By Sean Hackbarth, Before President Donald Trump puts his signature on the first major tax
Senior Editor, reform in 31 years, we’re seeing an immediate, positive effect.
Digital Content,
U.S. Chamber of As U.S. Chamber Chief Economist J.D. Foster explained, one of the
Commerce key parts of the Tax Cuts and Jobs Act is lowering the corporate tax rate
to 21%, “thus finally bringing the U.S. rate into better alignment with
16 AmCham South China its major competitors, while the effective passthrough rate is similarly
reduced.” The bill also allows full expensing on business investment for
the next five years.
Because of these and other pro-growth policies in the bill, four American
companies delivered some Christmas gifts by announcing they will invest
in their workers and communities.
Boeing's 737 Max 9 jetliner at the company's manufacturing facility in Renton, WA. [Photo/David Ryder, Bloomberg]
These Companies Made
Big Announcements
after U.S. Congress Passed
Tax Reform
By Sean Hackbarth, Before President Donald Trump puts his signature on the first major tax
Senior Editor, reform in 31 years, we’re seeing an immediate, positive effect.
Digital Content,
U.S. Chamber of As U.S. Chamber Chief Economist J.D. Foster explained, one of the
Commerce key parts of the Tax Cuts and Jobs Act is lowering the corporate tax rate
to 21%, “thus finally bringing the U.S. rate into better alignment with
16 AmCham South China its major competitors, while the effective passthrough rate is similarly
reduced.” The bill also allows full expensing on business investment for
the next five years.
Because of these and other pro-growth policies in the bill, four American
companies delivered some Christmas gifts by announcing they will invest
in their workers and communities.
