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Companies and investors have been eagerly awaiting an overhaul to the U.S. tax system that the administration has promised will lower corporate taxes and make it easier to bring money back from overseas. But with health reform standing in the way, analysts now think it wont be until the end of the year, at the earliest, when a tax plan could take shape. Markets, that have been expecting tax reform movement and action earlier in the year, based in part on administration and congressional statements, may be disappointed on this news and react accordingly, said Terry Haines, an analyst with Evercore ISI. Obamacare Threats Trumps budget director, Mick Mulvaney, reaffirmed in a CNBC interview on Wednesday that the White House would produce its own tax plan. You will have a White House-Donald Trump tax plan that we are going to take down to the Hill and try and sell, he said. But the White House is still working on Trumps goals and principles for an overhaul, he said. During the Fox interview, Trump also raised the threat that Obamacares insurance programs will fail if the government doesnt keep making some payments to insurers, though he didnt refer to the cost-sharing reduction subsidies by name. House Republicans sued to block the payments in 2014, but the Obama administration, and now the Trump White House, have defended against the challenge as it goes through the courts.
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Rapidly rising Internet penetration has directly impacted the expansive growth of the m-commerce industry, further boosted by the rising adoption of smartphones and tablets. Manufacturers and retailers of jewelry items are quickly realizing the potential of online retail and are launching innovative and easy-to-navigate websites to extend their distribution channels and market reach. Effective use of digital marketing tools further promotes these online platforms. Rapid urbanization and increasing purchasing power The rapid urbanization and rising purchasing power of consumers have led to a shift in the lifestyle of consumers in both developed and developing economies. While the rise in disposable income has resulted in increased jewelry spending, the digital mindset of the consumers is driving the online jewelry market, says Poonam. Countries such as Brazil, India, and China are major contributors to the market. Also, several developed countries in the Middle East have shown a quick preference towards online jewelry platforms. The rising demand for fashion jewelry is expected to drive revenue generation in the Americas. my latest blog postBrowse Related Reports: Global Billiards and Snooker Equipment Market 2017-2021 Become a Technavio Insights member and access all three of these reports for a fraction of their original cost.
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