Writing for the Cato Institute where he holds the R. Evan Scharf Chair for the Public Understanding of Economics, Ryan Bourne explains that there will be many winners if corporate tax rates are cut. Shareholders, employees and consumers will share the spoils, but the proportion of the benefit each group receives is harder to predict. He writes: Cutting the corporate income-tax rate seems a rare area of consensus for Republican lawmakers considering tax reform, which is good news for working Americans. Despite opponents’ attempts to suggest otherwise, there is reason to be confident that … [Read more...]
Archives for October 2017
Nestle Changing its Strategy to Remain Competitive
Last week I wrote to you that Nestle is undertaking steps to provide shareholders with even more value, including setting targets for increasing profit margins for the first time ever. For most of its long history, Nestle has been focused on increasing sales as the best approach to market success. But the sector is slowing, and Nestle is focused on wringing more profits out of the sales it is already generating. SwissInfo.ch reports: Against the backdrop of lacklustre growth, the emphasis in the industry has been on cost-cutting to boost profits. Leading the way has been Kraft Heinz, … [Read more...]
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