[ad_1] Corporate tax revenue jumped in 2021, and some proponents of the 2017 Tax Cuts and Jobs Act argue the big tax cuts in the bill deserve credit (wall street journalI, Goodspeed and HassettBut there’s a better explanation: Last year’s strong economic growth, high inflation, and pandemic-related relief legislation increased both corporate profits and paid-tax business. Soon after the TCJA was passed, the Congressional Budget Office (CBO) forecast Corporate tax receipts will fall from 1.5 per cent of gross domestic product (GDP) in 2017 to 1.2 per cent in 2018…
Tag: growing
Maaza the fastest growing brand of Coca-Cola India this year
[ad_1] Fruit drink brand Maaza is the fastest growing brand ever for Coca-Cola in India in 2022, helped by its expansion into rural markets, said top company executives. Coca-Cola is focusing its nutrition portfolio in the country and expects it to be the biggest growth driver through its fruit juice-based brands – Maaza and Minute Maid. Arnab Roy, Vice President and Head Marketing, Coca-Cola India and Southwest Asia, said in a statement, “We are very clear (that) this (nutrition portfolio) is one of our biggest growth drivers for our volume,…