News Formal

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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Wall Street giant said Warren and other contenders' plan to reverse Trump's tax cuts would cut corporate profits on a per share basis.

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

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

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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?
Källa: CNBC - 🏆 12. / 72 Läs mer »