Related BofAML research on US tax reform Below we provide links to reports from our BofAML Global Research colleagues that address this topic. Economics: Global Watch: Will border adjustment lead to border battles? 18 January 2017 US Economic Weekly: Cutting taxes could be tax...
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…er morning in 2007, Miami's top federal prosecutor, Alexan- der Acosta, had a breakfast appointment with a former colleague, Washington, D.C., attorney Jay Letkowitz, It was an unusual mecting for the then-38- year-old prosecutor, a rising Republican star who had served in sever...
…ide from the candidates the dangerous nature of the work they will do. Depending on the targeted recruit, they might disguise the task as a heroic act, such as righting an injustice, exposing an illegal gov- ernment activity, or countering a regime of tyranny. This disguise is ca...
…rofessionals they had needed to hire. Bannon, Conway, and Hicks—along with an assortment of more or less peculiar ideologues that had attached themselves to Trump and, of course, his family, all people without clearly monetizable reputations before their association with Trump—we...
… journey for all the wrong reasons, adopting a half-pregnant monetary union to support a political objective that had arguably already been achieved by 1955 2 . This year, a look at something just as worrying in the long run as the fiscal problems of the West: the search for ener...
…ecognized for her comprehensive understanding of the healthcare sector, including operating models, the political and regulatory environment, shifting demographics, financial opportunities and economic trends. Her 18 years as an ICU nurse informs the way she navigates the patient...
…uestor’s con- duct that was the basis of the opinion is in compliance with the FCPA.“"* In order to provide non-binding guidance to the business community, DOJ makes versions of its opinions pub- licly available on its website.*”” If, after receiving an opinion, a party is conce...
corporate earnings could drop by 5–10% over
while Singapore's economy is rebounding and corporate
IG corporate bonds remain a preferred asset class
…us brand. But Carter is its public face, just as Anna Wintour 4 is the face of Condé Nast’s iconic fashion magazine, Vogue. 142 One cover of Vanity F superstar. And a single tl down a corporate overlorc Carter’s easy to recogr a lion’s mane. The Santa ¢ tailored bespoke suit....
…ow over time. * Ten-year JGB yields have rallied to within a few bps of their all-time low, ahead of next week’s inaugural meeting for the new BoJ leadership. We do indeed expect aggressive easing, with JGB purchases out to 30 years, but think this will be trumped by profit ta...
No interest tax shield Another key offset to the lower corporate tax rate is the proposed ending of the deduction of net interest expense. We assume that this rule would apply to new debt and that existing debt would be grandfathered. This tax shield removal would increase the c...
year from the median calculation. For companies with normalized tax rates of more than 75%, we assume 35%. The impact of a lower corporate tax rate on company earnings is directly proportional to the difference between the current domestic tax rate and the proposed tax rate. The...
…uicide pact.” But it is precisely during times of crisis—when the balance between momentary expediency and enduring safeguards often goes askew—that courts can perform their most critical function: to preserve or restore a sense of perspective. In the eternal struggle between li...