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Author: WEBspired ✭🐝  😊 😞
Number: of 12641 
Subject: Re: TCJA 21% vs 15% Corp. tax rate
Date: 11/07/2024 11:54 PM
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https://www.reuters.com/markets/us/wall-street-gir...

Excerpt:

“Trump also wants tax reform, including reducing the corporate tax rate to 15%, for those companies that make their products in the U.S., after having cut the rate to 21% from 35% during his 2017-2021 presidency.

Such tax cuts - which will need to pass Congress - could support company earnings and sentiment for stocks, although the extent of such a boost remains to be seen.

Cutting the rate to 15% would boost S&P 500 earnings by about 4%, according to estimates by Goldman Sachs strategists.”
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