Higher corporate taxes and lower profits could be lurking in 2021 if former Vice President Joe Biden wins the presidency from President Trump, suggests strategists at Goldman Sachs. The billion-dollar question is whether markets would tank in the lead-up to signs a Biden presidency —and its era of higher taxes on businesses and households — is inevitable.
The U.S. stock market touched all-time highs in February just before COVID-19 took root in the U.S. — many on the Street would point to the tax cuts as the main driver of surging valuations. iQ Capital CEO Keith Bliss told Yahoo Finance’s The First Trade he is concerned about the prospect of higher taxes under Biden and how the “manufacturing renaissance” under Trump is kept alive by the former vice president. Ultimately, Bliss said the market is unlikely to start pricing in election risk until midway through the third quarter as debate season begins and Election Day comes more into focus.
LITTLE HANDS SHOWING THE SIZE OF HIS MANHOOD.
When President Trump is reelected everyone will prosper!
That narcissist has to go & take his LIES with him
OMG. Trump get over it be a MAN. That’s life
The hell yahoo. You guys need do be more responsible. Stop invoking fear for your tax purposes.
America will be China under Democrats,shame.
Californians are willing to take the tax hit to elect Biden, they can create the California Autonomous Zone....
RT Unlikely, but new Congress needs to raise taxes on wealthiest and ALL corporations!
SAD. Donnie. Sure. Messed up the. Nation / He thinks slamming and calling the Democrats. Bad people. Endears him to Republicans - NO. It just Devides the Nation more and more — DUMP. Womanizer. Donnie
Hey, it's photo of Trump talking about his penis. . .
Biden is republican-lite at best. Corporations need to cry more
Higher taxes, more regulations plus higher unemployment = BasementBiden
We'll all go to hell.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Trump Will Now Allow Healthcare Providers to Deny Service to Transgender PeoplePresident Trump announced this during Pride month and on the anniversary of the Pulse nightclub shooting. 'Guts'
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
President Donald Trump Tweetstorm – The Sunday EditionPresident Donald Trump, fresh off a Saturday address to the West Point Military Academy graduates, is celebrating his 74th birthday today, and the salutes are pouring in online. Today’s early… You could at least wish him a happy birthday before your condescending and partisan hackery. Why even give this psychopath the attention he craves? He is deranged. Why does anyone give this guy such a platform every day? He is not a leader. He helps no one. It is only because it sells headlines. We need positive action!
Source: DEADLINE - 🏆 109. / 63 Read more »
President Trump delivers 2020 Commencement address at West PointThese children in Seattle have more integrity than all of you shills put together. You are a hate filled propaganda fake news outlet, that should be taken off the air for your continuous lying that incites violence from the far right nutjobs. [한국의 최근 국회의원 선거에서 대통령의 성공 문재인 일당이 투표 사기라는 신빙성 있는 주장을 접하고 있다. 한국은 화웨이가 생산한 보팅 시스템을 ccp 외교정책의 도구로 사용했다.] FoxBusiness Cavuto had to get in the confederate generals. So, typical of Despicable!
Source: FoxNews - 🏆 9. / 87 Read more »
President Donald Trump Tweetstorm – The Saturday EditionPresident Trump is at West Point this morning, addressing the 2020 graduating class of the US Miltary Academy, marking the first time he has spoken to cadets there. But before he left, he fired off… TobiasBDog That’s a normal face for an adult to make.
Source: DEADLINE - 🏆 109. / 63 Read more »
Trump addresses West Point graduates after alumni slam president for politicizing militaryPresident Donald Trump's speech comes amid clashes with brass over military's role in protests. Wow, now you upset our military NoBoundaries CNN CNNTownHall Future leaders of West Point know realDonaldTrump is a great leader! Law and order. Love and truth. They loaded him up with Xanax and he droned through it.
Source: CNBC - 🏆 12. / 72 Read more »
President Trump changes Tulsa rally date after controversy over Juneteenth choiceTrump said African American 'friends and supporters' suggested he change his Tulsa rally date out of respect for the Juneteenth holiday. thanks trum.p The day after? Just to be passive aggressive.
Source: USATODAY - 🏆 100. / 63 Read more »