2016 ELECTIONS

Why it matters for you!

HOW DID WE GET INTO THIS ECONOMIC MESS?

GREAT DEPRESSION

HELLER’S FULL EMPLOYMENT BUDGET

BUSH TAX CUTS, GREAT RECESSION, OBAMA STIMULUS

REFORM=ECONOMIC GROWTH

EDUCATION

REGULATORY

BIGGEST ECON IMPACT: TAX

A GOOD SIGN

2

SKINNY?

CLINTON’S NEW SPENDING

$275 BILLION INFRASTRUCTURE PLAN

FIX ROADS AND BRIDGES

EXPAND PUBLIC TRANSIT

NATIONAL FREIGHT INVESTMENT PROGRAM

SOMETHING NEEDS TO HAPPEN

COMING INTO FOCUS?

Don’t Forget The Senate!

GAME CHANGER?

WHAT 2016 MEANS FOR YOU

Full expensing is key: energy, industrial companies/manufacturing & tech

Democrats w/min. tax plans, large spending plans, build on current regulations

Republicans have detailed tax planswith plans to reduce regulations

BEST NEWS IN A LONG TIME?

WHAT CAN CONGRESS DO?

Trans-Pacific Partnership

Infrastructure/Highway Trust Fund

Energy

Extenders

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

TPP=18,000 Tax Cuts

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

IL TPP TAX BENEFITS

IL TPP AG. BENEFITS

SOURCE: USTR

INFRASTRUCTURE

Crop Insurance & Export-Import Bank

Highway Bill: 5yr deal/$305 billion

$70 billion needed: Federal Reserve, Strategic Petroleum Reserve, customs processing fees 

ENERGY

Senate needs to pass bill

Accountability, Infrastructure & Supply

House lifted the ban on crude exports

HOW IS THIS POSSIBLE?

THE X GAMES: TAX EXTENDERS

51 TAX PROVISIONS=$50 billion per year

Multi-Year Extensions with 2020 Phaseout

Sec. 179 expensing, Bonus Depreciation, CFC look-through, R&D Tax Credit, Solar ITC, Wind PTC, Subpart F

TAX MATTERS!

Source: Crest Capital

WHAT CONGRESS MEANS FOR YOU

Energy: exports & NG infrastructure

Infrastructure: construction and engineering firms

Free Trade: ag. w/Japan as the prize

Extenders: boost to spending/R&D

WRAP UP….