This Explains Everything

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

Ramping Up Tax Reform: The Time to Get Prepared is Now

With failure of Senate passage of a health care bill, tax reform becomes the top priority for Congress. While there is still great uncertainty over how tax reform will progress, it's time for businesses to prepare for likely changes. From modeling likely scenarios to assessing accounting methods to accelerate deductions and defer income, businesses need to take steps now to get prepared.

Grant Thornton, August 07, 2017

The Ways and the Means

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

Senate Rejects Measure to Partly Repeal Affordable Care Act, Dealing GOP Leaders a Major Setback

Many conservatives in both chambers objected to the measure because they said it wouldn’t go far enough in repealing the ACA.

The Washington Post, July 28, 2017

Trump Administration Cancels Hundreds of Obama-Era Regulations

The White House has frozen or withdrawn hundreds of planned rules, a move aimed at bolstering the economy but that scraps proposed protections for workers and the environment.

The Washington Post, July 20, 2017

Trump and Congress Reach Deal on Principles of Tax Overhaul

Republican tax negotiators in Congress and the Trump administration announced they had reached an agreement on the core principles of how they will press forward with an overhaul of the tax code.

The New York Times, July 27, 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.

Low Tax Revenue Fuels State Deficits, Budget Battles

Ten states this year either extended their legislative sessions or called new sessions due to budget standoffs. Growing brinkmanship over state budgets may be rooted in the same factors causing state revenue to suffer even as the country’s economy grows.

Bloomberg BNA, July 26, 2017

NAFTA Can Be Reworked Without Hurting Earnings

A greater opening of Mexico to foreign investors would be positive for financial markets on both sides of the border.

Bloomberg, July 27, 2017

Here’s Why Yellen’s Fed Cares About America’s Opioid Epidemic

Fed officials are bringing up America’s addiction crisis because abuse is both an economic symptom and driver of labor problems.

Bloomberg, July 20, 2017

This Means Business

A Tax Conundrum: Pass-Through Tax Reform

Pass-through entities represent 90% of U.S. businesses. So why are they taxed at a higher rate? Read the white paper.

Grant Thornton
, July 20, 2017

Cars parked

 

Industry Impact

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

Tech Stocks Have Regained Their Dotcom-Era Highs.

The dotcom crash had much less impact on the broader economy than the mortgage and banking crisis of 2007-08. Nevertheless, the tech revival has caused some twitchiness among investors..

The Economist, July 27, 2017

The Great Leveling-Off Has Begun For U.S. Shale

As corporate producers react within their budgeting processes to price volatility, this is the cycle we will likely see in the next few years. 

Forbes, July 27, 2017

America’s Hottest Properties: Data Centers and Cell Towers

E-commerce has been blamed for the struggles of retail real estate, but is proving to be a boon for owners of data centers and cell towers.

The Wall Street Journal, July 25, 2017

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