2017-09-03 10:44:00 Sun ET
treasury deficit debt employment inflation interest rate macrofinance fiscal stimulus economic growth fiscal budget public finance treasury bond treasury yield sovereign debt sovereign wealth fund tax cuts government expenditures
President Donald Trump has released his plan to slash income taxes for U.S. citizens and corporations. The corporate income tax rate will decline from 35% to 20%. The number of marginal income tax bands will be reduced to 3 at 12%, 25%, and 35%.
This tax overhaul represents a progressive pro-growth economic reform with better jobs, higher wages, and lower taxes for most American consumers, as well as lower risks, fewer financial constraints, and more investments in M&A, Capex, and R&D for many U.S. corporations. Tech stocks such as FAMGA (aka Facebook, Apple, Microsoft, Google, and Amazon) are likely to benefit most from this tax reform by repatriating offshore cash stockpiles to invest in U.S. job creation, robotic manufacturing automation, and more patent-intensive tech-savvy development in artificial intelligence, cloud software development, virtual reality, and network platform orchestration.
The ripple effect manifests in the subsequent Fed interest rate hike, greenback appreciation, and positive stock investor sentiment. All of these probable macro ramifications contribute to an upward GDP growth trajectory toward the Trump administration's 2.7%-3.3% target range.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2019-07-11 10:48:00 Thursday ET
France and Germany are the biggest beneficiaries of Sino-U.S. trade escalation, whereas, Japan, South Korea, and Taiwan suffer from the current trade stando
2019-12-16 11:37:00 Monday ET
America and China cannot decouple decades of long-term collaboration in trade, finance, and technology. In recent times, some economists claim that China ma
2019-01-08 17:46:00 Tuesday ET
President Trump forces the Federal Reserve to normalize the current interest rate hike to signal its own monetary policy independence from the White House.
2019-09-23 12:25:00 Monday ET
Volcker, Greenspan, Bernanke, and Yellen contribute to a Wall Street Journal op-ed on monetary policy independence. These former Federal Reserve chiefs unit
2018-05-06 07:30:00 Sunday ET
President Trump withdraws America from the Iran nuclear agreement and revives economic sanctions on Iran for better negotiations as western allies Britain,
2018-05-19 09:29:00 Saturday ET
Treasury Secretary Steve Mnuchin indicates that the Trump team puts the trade war with China on hold. The interim suspension of U.S. tariffs should offer in