Market Updates: Quick Survey on US Fiscal Stimulus – $1.5 Trillion Tax Cut
The Trump administration’s $1.5 trillion cut tax package seems to have no major impact on businesses.
Arslan Butt•Monday, January 28, 2019•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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Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
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