This Explains Everything

Our favorite take on one of the most important developments of the last two weeks.

A Tax Conundrum: How Tax Reform Could Hurt Main Street Businesses

The promise of tax relief for corporations is a pro-business idea that seems to make sense. But tax policy is never that simple. Policymakers face a conundrum: If they try to address one anti-competitive tax policy, they might expand another and hurt the U.S. economy in the process. A core issue remains: U.S. corporations pay a high tax rate, but pass-throughs pay a higher one.

Grant Thornton, July 20, 2017

 

The Ways and the Means

The latest analysis on regulatory, policy, and legislative process, and when it’s happening.

How the Senate Health Bill Compares to House Bill, Obamacare

How the latest Republican bill differs on Medicaid, taxes, and helping the uninsured.

The Wall Street Journal, July 13, 2017

If Janet Yellen is Headed for the Exit, Who’s Next Leading Fed?

Who’s on deck if the Fed chair leaves office when her term ends in February.

Bloomberg News, July 13, 2017

Senate Health Bill Complicates Republicans’ Tax Reform Dreams

Senate Republicans may make things harder for their House colleagues by keeping the net investment income tax intact in their health care overhaul bill.

Bloomberg BNA, July 13, 2017

 

How Grant Thornton Can Help

 

Whether navigating market and regulatory changes, or trying to better prepare for your future business environment, Grant Thornton is ready to help you develop innovative and practical solutions.

 

Follow The Leading Indicators

A macro look at what’s impacting markets, trade, labor, and the environment.

America’s Banks Pass the Federal Reserve’s Tests

In a possible reprieve from Dodd-Frank “stress tests,” the Fed blesses a big increase in big banks’ payouts.

The Economist, June 29, 2017

America Had Talent? Trump Foreign Entrepreneur Rule Rollback May Stymie Tech Ecosystem

Fewer international entrepreneurs can launch startups here, which may be bad news for mid and large-size tech companies that rely on fresh talent and ideas.

Bloomberg BNA, July 12, 2017

Why Central Banks Need to Worry about Falling Oil Prices

A fresh drag on inflation from lower oil prices may make life harder for policy makers.

The Wall Street Journal, June 27, 2017

 

This Means Business

 

Industry Impact

What’s moving in industry, especially pharma, tech, energy, finance, and manufacturing.

Big Pharma Spends on Share Buybacks, but R&D? Not So Much.

Big pharmaceutical companies have spent more on share buybacks and dividends in a recent 10-year period than they did on research and development.

The New York Times, July 14, 2017

The FCC Moved to Undo Net Neutrality. So What's Next?

The Federal Communications Commission voted May 18 to begin undoing Obama-era Internet regulations that disallowed Internet providers from favoring or blocking websites. Here's what's next for the commission and your Internet.

The Washington Post, July 12, 2017

Should Advanced Coal Projects Be Part Of The Green Climate Fund?

The Green Climate Fund was established to help developing countries fight climate change, but President Trump wants to use some of those funds to help build advanced coal plants in regions without access to electricity.

Forbes, July 16, 2017