The November faceoff between President Joe Biden and former President Donald Trump presents big business with a big choice to make over the coming months: support an incumbent who will bring stability but potentially reduced profits or back a loose cannon who might threaten democracy but not its bottom line. One number best sums up the reason major corporations are flirting with the idea of a second Trump term: 21%.
5% rate, a midway point between the pre-Trump era and the status quo. Some Republicans are, meanwhile, mulling over whether to cut rates all the way down to 15%, according to The Wall Street Journal, dropping them to a level not seen since the Great Depression.
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