President Donald Trump is perhaps the most polarizing U.S. president of all time. Despite his sometimes-questionable rhetoric, one thing has remained constant throughout his campaign and presidency: Trump is 100% in support of American business. Throughout the election and into his time in office, Trump’s pro-business stance has given confidence to investors, who have sent the stock market soaring higher. Less than a year into his term, indexes are sitting near all-time highs and bullish sentiment is bursting at the seams. Among the most talked about plans of the new administration is tax reform. While large corporations stand to gain… Read More
President Donald Trump is perhaps the most polarizing U.S. president of all time. Despite his sometimes-questionable rhetoric, one thing has remained constant throughout his campaign and presidency: Trump is 100% in support of American business. Throughout the election and into his time in office, Trump’s pro-business stance has given confidence to investors, who have sent the stock market soaring higher. Less than a year into his term, indexes are sitting near all-time highs and bullish sentiment is bursting at the seams. Among the most talked about plans of the new administration is tax reform. While large corporations stand to gain the most from the potential changes, everyday investors will likely also benefit. What To Expect From Trump’s Tax Plan 1. Higher Dividends Income investors rejoice! One of the most appealing effects of Trump’s proposed tax reform will be higher dividends across the board. #-ad_banner-#The President has stated that he wants to slash the corporate rate all the way down to 20% from the current 35%. Primarily designed to incentivize corporations from fleeing the United States in search of lower rates, the tax plan represents $1.8 trillion in tax savings over the next decade. This inflow of wealth will… Read More