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the best part...lol
Posted on: July 15, 2020 at 14:18:34 CT
meatiger MU
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KEY BACKGROUND
Trump’s tax cuts—which Biden promised to roll back in 2019 by enacting $1 trillion in new corporate taxes—are widely considered to be a major factor driving the stock market’s explosive growth that has pushed the Dow Jones Industrial Average and the S&P 500 to record highs. The growth has even persisted despite the coronavirus pandemic: even after huge losses in March, the S&P had recovered all of its losses and turned positive for the year by the second week of June. Those tax cuts are part of the reason many investors and wealthy executives supported President Trump, even if they didn’t voice that support in public.
Trump’s tax cuts—which Biden promised to roll back in 2019 by enacting $1 trillion in new corporate taxes—are widely considered to be a major factor driving the stock market’s explosive growth that has pushed the Dow Jones Industrial Average and the S&P 500 to record highs. The growth has even persisted despite the coronavirus pandemic: even after huge losses in March, the S&P had recovered all of its losses and turned positive for the year by the second week of June. Those tax cuts are part of the reason many investors and wealthy executives supported President Trump, even if they didn’t voice that support in public.
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the best part...lol - meatiger MU - 7/15 14:18:34