The Fed's aggressive rate cutting might stimulate inflation, which was 4% for the year to February.
Corporate rate cutting had the support of liberal provincial governments as well as a conservative national government.
The latest data confirm that there is no urgent need for aggressive rate cutting at this point.
Making the code less complicated and more efficient may not achieve the rate-cutting, base-broadening reform many want.
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Now there is a movement to get countries with big forests to slow the rate of cutting by paying them.
But that shallow rate-cutting scenario will not long survive a new batch of evidence that the economy is set to weaken further.
The state and federal tax code are so laced with tax credits and exemptions that any base-broadening, rate-cutting reform is bound to raise taxes on someone.
Moreover, a rising pound has fed directly into lower import prices and hence kept the inflation rate down cutting the rate by perhaps a percentage point, thinks David Mackie of J.
It has led to rate-cutting and dwindling underwriting margins.
He made no mention of Mitt Romney, his all-but-certain opponent in November, but took aim at House Republicans who passed a measure last week that would pay for extending the lower student loan rate by cutting from a health care fund that promotes preventive care.
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Could it be that cutting the top tax rate on the wealthy by a full 60 percent (Reagan result) is likely to have a far more dramatic impact on the economy than cutting the rate by a mere 12 percent (Bush result)?
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Apparently when David Cameron had one of his regular meetings with business leaders on Friday, he told the assembled corporate eminences that they had a moral duty to ensure their companies paid the full corporation tax rate, given that the government has been cutting that rate and continues to do so.
On October 2, 2001 the Greenspan Fed cut the funds rate 50 basis points to 2.5% and continued cutting the rate to 1.0% on June 25, 2003 on fears of Deflation.
Cutting the corporate income tax rate by 100% in 2006 would have unleashed a surge of investment in the U.S. It would have provided vastly more supply-side economic stimulus than did cutting the capital gains tax rate by 29% in 1996.
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Firstly, as a developing country, Mexico isn't cutting emissions but cutting the rate at which they'll rise.
The low interest rate environment is also cutting into investment income which is resulting in further cost cuts.
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It would oblige Argentina to continue trying to adjust its real exchange rate by deflation (cutting nominal wages and prices in nominal terms), a process which has already forced the collapse of many businesses.
That's the rate George Osborne intends to reach by 2014-15, by cutting from the current 26% rate.
Critics say cutting the top rate at a time of cuts would be "monstrously unfair" and "phenomenally immoral".
Why are we cutting the corporate rate to 17.5% and making it simple?
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However, industrial production dropped in April by 0.5%, cutting the annual rate of growth to just 1.6%, the slowest for almost two years.
After cutting its policy rate on May 3, the central bank warned that it saw little room for further reductions as inflation was high.
For the moment the Bank of England has plenty of scope to help the economy by cutting the base rate, which currently stands at 4.5%.
In March the two main gangs, the Mara Salvatrucha and the Mara 18, declared a truce, cutting the murder rate by two-thirds overnight (see chart).
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Ivey said the overall rate request reflects cost-cutting at Con Ed.
In our splash this morning, we report that David Cameron and George Osborne have finally ruled out cutting the 50p rate of tax in this parliament.
However, Ed Balls insists that any money raised by a mansion tax should be spent on reversing cuts to tax credits and not cutting the top rate of tax.
On August 17th, in addition to cutting the discount rate which banks pay it for emergency lending, the Fed's rate-setters acknowledged that financial turmoil now posed a risk to America's economy.
Just over a week after that statement, the Fed abruptly turned course, cutting the discount rate to encourage bank borrowing to ease a growing liquidity crisis in the credit and bond markets.
His plan calls for cutting the tax rate from 35% to 25%, but this would merely bring our corporate income tax rate down to the current average for the other OECD nations.
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