Chart of the Day: Tax Cuts and the Missing Capex Boom

Chart of the Day: Tax Cuts and the Missing Capex Boom

Construction cranes tower over the base of the 30 Hudson Yards building, Wells Fargo & Co.'s future offices in New York
REUTERS/Brendan McDermid
By The Fiscal Times Staff

Despite the Republican tax overhaul, businesses aren’t significantly increasing their capital expenditures. “The federal government will have to borrow an added $1 trillion through 2027 to pay for the corporate tax breaks,” says Bloomberg’s Mark Whitehouse. “So far, it’s hard to see what the country is getting in return.”

Clinton Loses Altitude in Iowa

By The Fiscal Times Staff

 

Sanders and Biden Pressure Clinton in a Three-Way Race

By The Fiscal Times Staff

 

Super PACS Have Raised a Startling $258 Million…So Far

By The Fiscal Times Staff

 

Clinton Improves in National Poll, but Biden's Potential Grows

By The Fiscal Times Staff

  

Trump Falls to Second in Michigan Poll

By The Fiscal Times Staff

 

Michigan GOP Poll