The Hill: Keating on AT&T’s $1 Billion Investment Commitment

By at 11 November, 2017, 5:51 pm


In a November 11 Op-ed in The Hill, SBE Council chief economist Ray Keating writes that AT&T’s $1 billion investment commitment if tax reform is enacted should not be a big surprise.  It’s “Economics 101” notes Keating:

Quite simply, when you reduce taxes on any activity, you’re going to get more of such activity. That’s Economics 101. Allowing for full expensing of capital investment should spur such investment. A vastly lower tax rate, reduced from 35 percent to 20 percent, would incentivize business investment and growth, and significantly improve the U.S. global position in terms of tax competitiveness.

Keating also looks at the small business impact and other economic benefits.

Read the full Op-ed in The Hill here.

News and Media Releases