5. WHERE CAN WE GET GROWTH?
FREE TRADE=LOWER BARRIERS
REG. RELIEF=REDUCE BARRIERS/COST
TAX REFORM=PRODUCTIVITY
INFRASTRUCTURE=EFFICIENCY
6. TRUMP PLAN
Cut Corp Tax to 15%
Limit Pass Thru 15%
1x 10% Repat Tax
Ag TPP and NAFTA
Impose tariffs on
imported goods
Big Drop in Interest
Deductibility
7. CRUZ PLAN
Eliminate Corp. Tax
Flat Business Tax 16%
1x 10% Repat Tax,
Drops Int. Tax
Full Expensing
Drops Interest
Deductibility
8. RUBIO PLAN
Cut Corp Tax to 25%
Limit Pass Thru 25%
1x 6% Repat.Tax,
Drops Int. Tax
Full Expensing
Drops Interest
Deductibility
9. REPUBLICAN PLANS HELP/HURT
HELP: BIG TECH AND BIG PHARMA
HURT: DEBT HEAVY BALANCE SHEETS
HELP: INDUSTRIAL & MANUFACTURERS
HURT/HELP: FREE TRADE?
10. CLINTON PLAN
No Change Corp
or Pass Thru
New Tax Credits for
Profit Sharing and
Apprenticeships
Unspecified HFT tax
?Free Trade?
Taxes HC Benefits
19. WHAT 2016 MEANS FOR YOU
NEITHER STOP GROWTH OF DEBT!
Democrats: no big biz tax plans,
large spending plans,
build on current regulations
ans: tax cut plans,reduce regulations, full e
21. WHAT CAN CONGRESS DO?
International Tax Reform
Energy
Free Trade Pact
22. INTL. TAX REFORM
x rate, IP special low rate, eliminate or drop
Tax Inversions Eroding Base
Estimated $2.3 trillion off-shore
23. ENERGY
DOA: Obama Proposes $10 per barrel tax
and +20% spend green subsidies
NG export, Hydro and transmission permittin
Both House and Senate
working on energy bill
25. 2016 CONGRESS HELP/HURT
Help: Energy=small ball until 2017
Help: Intl. Tax Reform=Big Tech and Pharma
Help: Free Trade=Ag. is winner
w/Japan as the prize