Tag: ANSS

Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Regardless of who wins November's general election we expect higher corporate income tax rates in 2021 or more likely 2022. Today's 21% U.S. corporate tax rate will likely climb back to 35% or higher should Trump win re-election or to 40-45% should Biden win the Presidency. We expect companies to control expenses as a result … Continue reading Higher Corporate Income Tax Rates and Advanced Automation Are Coming

Competition Comes from Below: Part II

Competition Comes from Below: Part II

Magna International (tkr: MGA), got its start as a machine tool shop. Today, Magna is automotive supplier to major Auto OEMs, Tier I suppliers, Heavy Equipment manufacturers and Rideshare companies such as Lyft. Humble Beginnings Magna counts BMW, Ford, Honda, Hyundai, Tata, Tesla, Toyota, a number of the China-based Auto OEMs as well as a … Continue reading Competition Comes from Below: Part II