All articles tagged with #corporate tax cuts
Senate Republicans proposed modifications to the House tax bill, focusing on making certain corporate tax deductions permanent, increasing benefits for older Americans, and adjusting tax provisions related to tips, overtime, and vehicle interest deductions, with ongoing debates over SALT deductions and other tax measures.
Small-cap stocks, particularly those in the Russell 2000 Index, are poised for significant growth in 2025 due to recovering earnings, potential corporate tax cuts, and favorable valuations, according to Brian Manby of WisdomTree. The index has already surged 23% this year, with regional banks leading the rally. Manby highlights the potential benefits of U.S.-centered policies and deregulation under a Republican Congress, which could further boost small-cap financials. Despite recent gains, small caps remain undervalued compared to large caps, presenting a strong investment opportunity.
Indian IT firms are concerned about the potential impact of US President-elect Donald Trump's policies on their budgets, despite initial optimism over his proposed corporate tax cuts. In 2017, Wipro had already flagged Trump as a risk due to his support for tariffs and trade agreements, which could negatively affect their business.