2016 ELECTIONS

Why it matters for you!

THE 10YR DEBT TIME BOMB

ROOTS OF THE PROBLEM

GREAT DEPRESSION

HELLER’S FULL EMPLOYMENT BUDGET

BUSH TAX CUTS, GREAT RECESSION, OBAMA STIMULUS

ENABLER IN CHIEF

WHERE CAN WE GET GROWTH?

FREE TRADE=LOWER BARRIERS

REG. RELIEF=REDUCE BARRIERS/COST

TAX REFORM=PRODUCTIVITY

INFRASTRUCTURE=EFFICIENCY

TRUMP PLAN

Cut Corp Tax to 15%

Limit Pass Thru 15%

1x 10% Repat Tax

Ag TPP and NAFTAImpose tariffs on imported goods

Big Drop in InterestDeductibility

CRUZ PLANEliminate Corp. Tax

Flat Business Tax 16%

1x 10% Repat Tax, Drops Int. Tax

Full Expensing

Drops Interest Deductibility

RUBIO PLANCut Corp Tax to 25%

Limit Pass Thru 25%

1x 6% Repat.Tax,Drops Int. Tax

Full Expensing

Drops Interest Deductibility

REPUBLICAN PLANS HELP/HURT

HELP: BIG TECH AND BIG PHARMA

HURT: DEBT HEAVY BALANCE SHEETS

HELP: INDUSTRIAL & MANUFACTURERS

HURT/HELP: FREE TRADE?

CLINTON PLANNo Change Corp

or Pass Thru

New Tax Credits forProfit Sharing andApprenticeships

Unspecified HFT tax

?Free Trade?

Taxes HC Benefits

Big Change to Cap Gains

Tax Foundation

CLINTON’S NEW SPENDING

$275 BILLION INFRASTRUCTURE PLAN

FIX ROADS AND BRIDGES

EXPAND PUBLIC TRANSIT

NATIONAL FREIGHT INVESTMENT PROGRAM

SANDERS PLAN

Drops energy tax breaks

Curb Corp. Inversions

Ends Deferral Intl. Tax

Financial Transaction Tax

Taxes HC Benefits

New 6.2% Employer-SidePayroll Tax

Ag. Free Trade

SANDERS NEW SPENDING

INFRASTRUCTURE PLAN

FREE COLLEGE TUITION

MAJOR EXPANSION OF SOCIAL SECURITY

GOVT. PAYER HEALTH CARE

DEMOCRAT PLANS HELP/HURT

HELP: ACA HC: ACA MANAGED CARE, HOSPITALS, MEDICAID HMOS

HURT: RAISES TAXES TOP EARNERS

HURT: HEALTHCARE INSURERS

HELP: CONSTRUCTION, ENGINEERING

HELP MUNI BONDS

COMING INTO FOCUS?

THE HILL KILLER?

Don’t Forget The Senate!

WHAT 2016 MEANS FOR YOU

NEITHER STOP GROWTH OF DEBT!

Democrats: no big biz tax plans, large spending plans,

build on current regulations

Republicans: tax cut plans,reduce regulations, full expensing

BEST NEWS IN A LONG TIME?

WHAT CAN CONGRESS DO?

International Tax Reform

Energy

Free Trade Pact

INTL. TAX REFORM

1x low % tax rate, IP special low rate, eliminate or drop repat. rate.

Tax Inversions Eroding Base

Estimated $2.3 trillion off-shore 

ENERGY

DOA: Obama Proposes $10 per barrel taxand +20% spend green subsidies

LNG export, Hydro and transmission permitting

Both House and Senate working on energy bill

FREE TRADE=TPPTPA=5yrs+no filibuster+no amendments

TPP=18,000 Tax Cuts

Obama is for, Hillary ag?, Republicans are mixed and Democrats ag.

2016 CONGRESS HELP/HURT

Help: Energy=small ball until 2017

Help: Intl. Tax Reform=Big Tech and Pharma

Help: Free Trade=Ag. is winner w/Japan as the prize

WRAP UP….