• Why It's Time for a Stock Market Sobriety Check

    9 days ago - By Fortune

    As this issue was going to press, the U.S. Senate passed a tax-cut bill that, should it become law, will almost certainly energize the animal spirits of American corporations. Republicans in the Senate and the House still have a bit of cloakroom legerdemain to do before there's a final 500-page piece of legislation for the President to sign. But in the end, businesses will surely get a grab bag of goodies, from a dramatically reduced corporate tax rate to more favorable rules on expensing capital investments-much of which they've been pining after for years.
    For investors, the people who...
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  • TAX CUTS AND JOBS ACT: These 12 companies will pay the highest effective tax rate

    TAX CUTS AND JOBS ACT: These 12 companies will pay the highest effective tax rate

    9 days ago - By Business Insider

    The House and Senate have both passed versions of a tax plan which include huge cuts for business taxes.
    Credit Suisse crunched the numbers to see who would be paying the highest effective tax rate under proposed rules.
    No matter which tax reform bill, whether from the House of Representatives or the Senate, eventually gets signed into law by President Donald Trump, taxes will likely shrink for a wide swath of American companies.
    Credit Suisse crunched the numbers based on the publicly available information about the plans to see which companies could end up paying the highest effective...
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  • Muni Bonds Set To Benefit From GOP's New Tax Plan

    Muni Bonds Set To Benefit From GOP's New Tax Plan

    9 days ago - By ETF Daily News

    From Contrarian Outlook : The tax reform debate in Washington is roiling the municipal bond market-and that's setting up a screaming buying opportunity for contrarians on the hunt for income.
    I'll tell you why, and show you exactly how to cash in, in a moment.
    First, if you've been watching “munis” for any length of time, I probably don't have to tell you that muni-bond investors detest uncertainty.
    That's because they're risk-averse folks who just want a high, tax-free yield on their money .
    After all, that's what municipal bonds are for; they offer higher yields than US Treasuries...
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  • As GOP Lawmakers Eye Cutting Estate Tax, Will They Increase Income Inequality?

    As GOP Lawmakers Eye Cutting Estate Tax, Will They Increase Income Inequality?

    9 days ago - By NPR

    As Republicans prepare to pass their a massive tax overhaul, they are planning to lessen, or even eliminate, the estate tax. But critics say the tax plays an important role in making the economy fair.
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