Here's why a corporate tax cut will never boost economic growth [The Business Insider]
Brightcove Inc. (BCOV)
Last brightcove inc. earnings: 4/29 04:05 pm
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Source: The Business Insider
Here's why a corporate tax cut will never boost economic growth Read the original article on Mauldin Economics . Copyright 2017. An aide adjusts a sign prior to a news conference announcing the passage of the "Tax Cuts and Jobs Act" at the U.S. Capitol in Washington Thomson Reuters The House and Senate are considering tax legislation that will add $1.5 trillion to annual deficits over the next 10 years, according to their own numbers. This is okay, we're told, because the tax cuts will stoke economic growth, delivering added tax revenue that offsets the rate reductions. Note the bigger point here. Republicans still say they don’t like deficits—but apparently, this particular plan lets them cut taxes without adding more debt. It’s a miracle. Is their claim really true? Will the GOP tax plans boost economic growth? That’s the 1.5- trillion- dollar question. The Republican plan’s centerpiece is a reduction in corporate tax rates from a 35% top bracket to only 20%. That would p
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BCOV
Earnings
- 2/22/24 - Beat
BCOV
Sec Filings
- 4/12/24 - Form 4
- 4/10/24 - Form 3
- 4/10/24 - Form 8-K
- BCOV's page on the SEC website