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How a Company Actually Plans to Spend Its Tax Cut Money

2017-12-04 2 Dailymotion

How a Company Actually Plans to Spend Its Tax Cut Money<br />“Ten percent extra profit would be good,” said Steven Regis, a senior vice president for corporate services at the company.<br />“Getting the money back faster definitely helps, but that’s big money, and<br />that big investment means we have to be able to have the cash or the financing available,” Mr. Regis said.<br />Do you pay employees better?”<br />Many CalPortland drivers are unionized, and he expects a tax cut to produce demands for the wage increases<br />that Republican sponsors said the tax plan would generate.<br />“But it’s not going to fund big projects.”<br />Like executives across the country, Mr. Regis has spent the last few weeks scouring the House<br />and Senate tax proposals for signs of hope for his industry — and new sources of pain.<br />“I think it’s bad news for the country to have one side make the rules,” Mr. Regis said.<br />Mr. Regis, who says he “leans to the right,” said he believed in the economic logic of cutting corporate taxes to 20 percent from 35 percent.<br />Mr. Regis said he would like to oblige, but wasn’t sure which of the company’s priorities would win out.

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