corporate tax

Deutsche Bank has revised its forecast for the S&P 500, attributing the change to potential harm to corporate earnings caused by tariff policies. What Happened: Deutsche Bank has lowered its year-end expectation for the S&P 500 to 6,150, a significant reduction from its earlier target of 7,...

Former U.S. Secretary of Labor Robert Reich has called out the tax reduction plans of the Donald Trump-led administration in an X post, terming them as an “absolutely shameless giveaway,” that could shoot up the deficit by $4.6 trillion. What Happened: The possible tax cuts for rich...

Douglas Holtz-Eakin, president of the American Action Forum, voiced his concerns about the U.S. spending problem on CNBC’s “Squawk Box” on Tuesday, stating that neither presidential candidate is willing to tackle the issue. What Happened: Holtz-Eakin discussed Kamala Harris...

Investors are evaluating the potential market implications of a Kamala Harris presidency, which could result in higher corporate taxes, impact consumer staples, and boost the solar energy sector. What Happened: The possibility of a Harris administration is a key focus at the Democratic convention...

The White House and the Biden campaign have criticized the rumored plans of former President Donald Trump’s advisers to cut corporate taxes if he returns to office in 2024, The Hill reported.  The plans involve reducing the corporate tax rate to as low as 15%. Trump’s top...

By some financial metrics, Oracle Corporation (NYSE: ORCL) has frustrated investors, but one Wall Street analyst said a string of disappointments represents an opportunity to buy shares. The Analyst Morgan Stanley's Keith Weiss upgraded Oracle's stock rating from Equal-weight to...

The Trump administration has unveiled its proposed tax changes which introduces a path toward a tax rate in the 20 percent range. The Expert Morgan Stanley (NYSE: MS)'s chairman and CEO James Gorman. The Thesis Many countries have a tax rate in the 15-25 percent range, which by default...