ADVFN - Advanced Financial Network.
HOME» NYSE » A » MO Stock Price » MO Stock News

Altria Share News

 Altria Grp. Stock Price
MO Stock Price
 Altria Grp. Stock Chart
MO Stock Chart
 Altria Grp. Stock News
MO Stock News
 Altria Grp. Company Information
MO Company Information
 Altria Grp. Stock Trades
MO Stock Trades

Business Coalition Urges Debt Panel To Lower Corporate Tax Rate

By Kristina Peterson Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- A coalition of companies including AT&T Inc. (T), Boeing Co. (BA), Verizon Communications Inc. (VZ) and Intel Corp. (INTC) told the congressional deficit-reduction panel in a letter Wednesday that all corporate tax breaks should be reconsidered in the process of lowering the corporate tax rate. A group of 18 companies urged the Joint Select Committee on Deficit Reduction to significantly reduce the top corporate tax rate of 35% if the bipartisan panel of 12 lawmakers decides to establish a framework for overhauling the tax code. The Reducing America's Taxes Equitably coalition "understands that a significantly lower corporate tax rate has budget implications, and in exchange for a meaningful reduction in the corporate tax rate, every corporate tax expenditure should be on the table," the group wrote in Wednesday's letter. Other members of the coalition include FedEx Corp. (FDX), United Parcel Service Inc. (UPS), Altria Group Inc. (MO) and Walt Disney Co. (DIS). The coalition didn't specify where the rate should be lowered and hasn't said whether an overhaul of the tax code should bring in more revenue or bring in the same amount of taxes. Under the deal reached to raise the debt ceiling this summer, the so-called supercommittee must agree on a way to reduce the federal budget deficit by $1.2 trillion over 10 years and Congress must approve its plan by late December, or automatic spending cuts will be triggered. The coalition of U.S. multinationals launched its effort last month to press lawmakers to overhaul the corporate tax code and lower the corporate tax rate. -By Kristina Peterson, Dow Jones Newswires; 347-882-7215; kristina.peterson@dowjones.com

Stock News for Altria (MO)
DateTimeHeadline
09/29/201603:03:00Investors Approve Brewing Megadeal -- WSJ
09/28/201610:01:00SABMiller, AB InBev Shareholders Approve Merger -- 2nd Update
09/28/201607:30:00SABMiller, AB InBev Shareholders Approve Merger
09/28/201607:06:00SABMiller, AB InBev Shareholders Approve Merger -- Update
09/22/201615:15:00Altria Announces Consummation of Cash Tender Offer and Final...
09/20/201609:12:56Current Report Filing (8-k)
09/20/201609:00:00Altria Announces Expiration of Cash Tender Offer; Reaffirms 2016...
09/19/201613:30:00Altria Announces Consideration for Cash Tender Offer
09/16/201615:38:18Current Report Filing (8-k)
09/15/201618:00:00FDA Cracks Down on Online Sales by E-Cigarette Industry
09/15/201610:52:13Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/14/201606:03:39Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
09/13/201609:13:17Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
09/13/201609:00:39Current Report Filing (8-k)
09/13/201608:55:00Altria Announces Cash Tender Offer for Any and All of Its 9.95...
09/07/201609:14:59Current Report Filing (8-k)
09/07/201608:45:00Altria Presents at the Barclays Global Consumer Staples Conference;...
08/25/201615:00:00Altria Increases Quarterly Dividend by 8.0% to $0.61 per Common...
08/24/201610:00:00Altria to Host Webcast from the Barclays Global Consumer Staples...
08/23/201614:50:00SABMiller Says U.K. Court Agrees Largest Shareholders Can Be...

Altria and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad