Market Updates: Quick Survey on US Fiscal Stimulus – $1.5 Trillion Tax Cut

Posted Monday, January 28, 2019 by
Arslan Butt • 1 min read

Here’s a real quick update on the US Fiscus Stimulus plan.

Lately, there’s been a survey on the US fiscal stimulus and a massive reduction in the taxation. But as per the survey results, the Trump administration’s $1.5 trillion cut tax package seems to have had no major impact on businesses.

The National Association of Business Economics’ (NABE) quarterly business health survey printed on Monday saw that some companies reported accelerating investments because of lower corporate taxes. However, a significant majority of around 84% said they had not changed plans.

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