• a Trump win would be 'disruptive' for markets

    From JAB@21:1/5 to All on Mon May 27 11:39:16 2024
    Billionaire 'Bond King' Bill Gross says a Trump win would be
    'disruptive' for markets

    Bill Gross warned that a second Trump presidency could harm bond
    markets.

    Gross highlighted that Trump's tax cuts and spending programs
    would worsen the fiscal deficit.

    The candidates have put forward very different tax plans on their presidential agendas.
    ...
    ...
    The two candidates have proposed wildly different tax plans, which
    affect the fiscal deficit.

    Biden's tax plan would raise the corporate tax rate from 21% to 28%,
    and the minimum corporate tax rate from 15% to 21%, according to a
    White House fact sheet.

    Trump's 2017 Tax Cuts and Jobs Act established a 21% corporate income
    tax rate - a decrease from 35%. Trump said he would maintain that rate
    if elected again.

    https://finance.yahoo.com/news/billionaire-bond-king-bill-gross-125331634.html

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