Page 23 - The South China Business Journal
P. 23
x months ago President “Not a lot of people know it, but for the
Trump signed the Tax Cuts average West Virginian, two kids, it’s $1,966
and Jobs Act into law—the first more in their pocket... The average mortgage
major overhaul of the U.S. tax in West Virginia is $600. You divide 600
code in many years. into 1,900, and you find out that, thanks to
President Trump, President Trump paid the
While changing the impact of mortgage payment for three months of the
taxes on individuals, the law also average West Virginian.”
put American employers on a
level playing field with foreign — Rep. Evan Jenkins (R-WV)
competitors. The U.S. business
tax rate went from being the “Public opinion is moving in the direction of
highest in the developed world this bill.”
to falling below the average for
advanced economies. — Jon Cohen, chief research officer for
SurveyMonkey
Here is what some say about the
impact of the tax reforms: “As Americans filed their taxes this
spring, they wrestled for the last time
“When profits go up, with a system that for decades plundered
capital investment goes their paychecks and made American
up, and wages follow. businesses uncompetitive.”
That’s the reason we
estimated, based on — Secretary of Commerce Wilbur Ross
what has happened
around the world, that “The real question in analyzing the May jobs
households will get an numbers released Friday is whether there
average $4,000 wage are enough synonyms for ‘good’ in an online
increase from corporate thesaurus to describe them adequately.”
tax reform... In a
modern competitive — Neil Irwin for The New York Times
economy, workers
do well when their South China Business Journal 21
employers do.”
— Council of Economic
Advisers Chairman
Kevin Hassett
Trump signed the Tax Cuts average West Virginian, two kids, it’s $1,966
and Jobs Act into law—the first more in their pocket... The average mortgage
major overhaul of the U.S. tax in West Virginia is $600. You divide 600
code in many years. into 1,900, and you find out that, thanks to
President Trump, President Trump paid the
While changing the impact of mortgage payment for three months of the
taxes on individuals, the law also average West Virginian.”
put American employers on a
level playing field with foreign — Rep. Evan Jenkins (R-WV)
competitors. The U.S. business
tax rate went from being the “Public opinion is moving in the direction of
highest in the developed world this bill.”
to falling below the average for
advanced economies. — Jon Cohen, chief research officer for
SurveyMonkey
Here is what some say about the
impact of the tax reforms: “As Americans filed their taxes this
spring, they wrestled for the last time
“When profits go up, with a system that for decades plundered
capital investment goes their paychecks and made American
up, and wages follow. businesses uncompetitive.”
That’s the reason we
estimated, based on — Secretary of Commerce Wilbur Ross
what has happened
around the world, that “The real question in analyzing the May jobs
households will get an numbers released Friday is whether there
average $4,000 wage are enough synonyms for ‘good’ in an online
increase from corporate thesaurus to describe them adequately.”
tax reform... In a
modern competitive — Neil Irwin for The New York Times
economy, workers
do well when their South China Business Journal 21
employers do.”
— Council of Economic
Advisers Chairman
Kevin Hassett
