2004 Community Bank Taxes 
Independent Banker
SEPTEMBER 30, 2021
Under Larry Wilson’s leadership, First Arkansas Bank and Trust’s branch on the Little Rock Air Force Base was named the 2020 Air Force Bank of the Year. Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S.
Jeff For Banks
AUGUST 12, 2018
After easing and keeping rates low for three years, the Fed began tightening from June, 2004 to June, 2006. This is because the economy has been gaining momentum, however modest, from the tax cuts and deregulation. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.
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Jeff For Banks
NOVEMBER 1, 2017
Tax cut and tax reform proposals have been floated. I believe that tax cuts will spur economic growth, but only if they do not increase government borrowing and the federal deficit. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.
Jeff For Banks
OCTOBER 25, 2018
Economic growth picked up strongly in the second quarter, with a reading of +4.2%, as momentum from the tax cuts and deregulation pushed spending and investment higher. Fiscal stimulus in the form of tax cuts, especially for corporations, led to spikes in investment and spending. Economy The economy is on a roll!
Jeff For Banks
APRIL 27, 2019
The impact of the tax cuts has faded. However, don’t count on the usual spending boost from personal tax refunds as they are down by over $6 billion from this time last year. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. I estimated that real GDP growth would be between 2.0%
Jeff For Banks
FEBRUARY 1, 2019
A tightening campaign that started in December, 2015 and has totaled 2.25% has basically offset the boost from tax cuts and the tightening also succeeded in flattening the yield curve. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.
Jeff For Banks
JULY 8, 2017
The promises included tax cuts to 15% (although a much less dramatic decrease is expected), repeal and replacement of ObamaCare (stalled in the Senate), regulatory reform (some energy rules relaxed, but not much else), infrastructure spending to repair and replace our crumbling structures, roads, airports, electrical grids, etc.
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