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Paying For Corporate Tax Rate Cuts Is Hard

Corporate self-financing

If we dont pay for a corporate rate cut by broadening the tax base, whom would the cut benefit (beyond any potential boost to the economy)? Even though corporations write the checks, the tax is ultimately borne by peopleinvestors, workers, or consumers. While economists disagree about how the burdens are distributed, our best reading of the evidence is that 20 percent of the tax http://postnoon.com/2013/08/19/indian-companies-in-europe-turnaround/140585 falls on workers and the rest hits owners of capital. Most of the tax falls on high-income households because they own most of the nations capital.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/beltway/2013/08/18/paying-for-corporate-tax-rate-cuts-is-hard/

Torchlight Energy Launches New Corporate Website

As the new government has resolved to keep its bank borrowing in check, banks may now find expanded space for lending to the private sector. Besides, as non-bank financial institutions are now making big money in the stock market, and in a reversal of years-long trend, banks have already stopped making net fresh lending to them, the space for lending to the private sector will expand further. aThis is where banks can provide working capital to private sector businesses, and at the same time, accommodate part of their demand for long-term project financing as well,a suggests a member of the board of assets and liabilities committee of a large local bank. But for that to happen, banks will initially have to reduce their appetite for short-term government debt papers. The reason is that even if government borrowing is going to remain lower than in the past, when it comes to periodical auctions of debt securities, banks try to park the bulk of their surplus funds in short-term T-bills, knowing that regardless of the end-of-quarter borrowing targets, the government keeps borrowing heavily. Bankers say this has already started happening, and add that their investment in long-term Sukuk and Pakistan Investment Bonds (PIBs) has increased, even though they still rely heavily on T-bills to park surplus funds.
For the original version including any supplementary images or video, visit http://www.dawn.com/news/1036774/corporate-self-financing

(contributor_data.name)!?html "We believe it is important to present our growing base of shareholders and prospective shareholders with the information on the Company in an organized way," stated John Brda, President of Torchlight Energy. "Our new website advances this goal by presenting Torchlight's oil and gas projects in an attractive and easy-to-access format and helps increase the Company's level of corporate transparency. We look forward to receiving feedback as we meet with more investors to tell the Torchlight Energy story." To sign up for Torchlight Energy's email news alert system, please visit http://ir.torchlightenergy.com/email-alerts About Torchlight Energy Torchlight Energy Resources, Inc. (OTCQB: TRCH), based in Plano, Texas, is a high growth oil and gas Exploration and Production (E&P) company with a primary focus on acquisition and development of highly profitable domestic oil fields. The company currently holds interests in Texas, Kansas and Oklahoma where their targets are established plays such as the Eagle Ford, Mississippian and Hunton trends. For additional information on the company, please visit www.torchlightenergy.com .
For the original version including any supplementary images or video, visit http://money.msn.com/business-news/article.aspx?feed=MW&Date=20130819&ID=16818098

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