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First the conservative leader supported extra corporate taxes, then he condemned them.
On Wall Street, the consensus is that workers will be last in line behind shareholders, creditors and investment bankers when the extra corporate cash is distributed.
To accommodate extra corporate jets, Tampa International Airport will close down its east-west runway 927 to provide parking for 380 corporate planes, while maintaining normal flight operations on its twin north-south runways 18 and 36.
And, as it happens, both candidates have promised not to spend the surplus.Take out that extra $3 trillion from the extra corporate tax that results from the dubious higher saving rate, and the difference between the boffins is largely accounted for.
Governments are nervous that if they push too hard on the issue, the harm they will do to investment and employment could outweigh the extra corporate income-tax receipts.As for ending hidden company ownership, campaigners had something to applaud but much less than they had originally hoped for.
(Near the end of fiscal year 2008, Delaware received a single surprise $63 million corporate income tax payment, bolstering its state budget by 1.5percentt). Kansas will be able to soften the budget blow with extra corporate tax revenue from this quarter, but it can't count on a continuing corporate tax surge to offset the continuing loss in personal income tax receipts.
Similar(53)
More telling, I argue, is the confluence of other regulatory and market dynamics, including the rise of institutional investors, the evolution of organized labor interests, certain unintended consequences of extra-corporate regulation, and the Democratic Party's sharp rightward shift since the late 1980s.
But the problems that lead to Kozlowski's departure may be extra-corporate.
It's a caper movie, a love story — with Clive Owen and Julia Roberts, no less — an extra-dry corporate satire.
Moody's said it had not decided whether it would charge municipalities extra for corporate-scale ratings.
"It's a caper movie, a love story, an extra-dry corporate satire," A. O. Scott said in The Times about this film, written and directed by Mr. Gilroy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com