Goldman Sachs says Elizabeth Warren's tax plan will cut S&P 500 earnings by 11%

Elizabeth Warren is emerging as one of the favorites for the Democratic nomination for president, says Goldman Sachs, citing polling data and market predictions. Warren has said she would, if elected, roll back Trump's tax cuts. The bank says that rolling back corporate tax back to 26% from 18% before Trump's tax cuts would eat into S&P earnings by 11% on a per share basis. View Business Insider's homepage for more stories.

Elizabeth Warren is emerging as one of the favorites for the Democratic nomination for president, says Goldman Sachs, citing polling data and market predictions. Warren has said she would, if elected, roll back Trump's tax cuts. The bank says that rolling back corporate tax back to 26% from 18% before Trump's tax cuts would eat into S&P earnings by 11% on a per share basis. View Business Insider's homepage for more stories.

Which would transfer to workers, increase Consumer spending and improve Global Economy. What's your point?

And increase low wages (for people who do not own stocks)? 😢 so unjust...

11%? Seems a small price to pay for a more equal society.

Lol

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Facebook former privacy chief wishes Elizabeth Warren 'good luck' breaking up companyFacebook's former privacy chief Chris Kelly says if Elizabeth Warren thinks she can break up Facebook, 'good luck' to her. Mark Zuckerberg's legal odds are high, in Kelly's opinion, but antitrust law experts are not so sure. Was he laughing and twirling his handlebar mustache as he said it?
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »