Wall Street strategists: Trump's tax cuts will boost stocks
Donald Trump
The tax cuts proposed by incoming U.S. President Donald Trump are set to boost stock prices for years to come, Business Insider reports. Among the measures Trump is considering is cutting the corporate tax rate from 21% to 15%. The move likely won't have as big an impact as the 2017 tax cuts, from 35% to 21%, but his current tax plan could impact about 145 S&P 500 companies, accounting for 18% of the market capitalization and 23% of the profits of all companies in the index, according to an
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