Articles Tagged with business tax

A 2016 study by the Tax Policy Center comparing Trump’s then-stated plan and the current tax ratesOne of the big platforms that boosted Trump to the Oval Office was his promise to let business operate unencumbered. Throughout his campaign, he promised a hands-off approach to business, including wide-scale financial deregulation as well as considerable corporate tax cuts.

In fact, Wall Street was riding high post-election on sheer optimism. Financial and industrial stocks soared, reaching record peaks, in anticipation of the big regulatory rollback that was sure to follow.

For businesses, too, hopes were high. The Trump administration promised huge tax cuts for businesses and corporations.

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