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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (45087)11/15/2017 12:50:54 AM
From: i-node  Read Replies (1) | Respond to of 361743
 
CEOs aren't concerned about this proposed legislation because anyone who has knowledge of the process knows it is very early in the sausage making process. No one has a clue what the legislation will look like.

If you want a meaningful response, the better question for him to have asked would have been, "If we passed a law that allowed you to expense capital investment for five years, how would that affect your capex?"

These are complex issues obviously. The value of the expensing option is reduced by decreases in tax rates. The cost of moving operations from Ireland (it wherever) back to the US has to be weighed against savings of unknown duration. You really can't expect a strong commitment in a public meeting today.

I'm starting to think the opposition to corporate cuts is a result of the political fear of how powerful the tool is.