Barc: Tax Reform May Never Happen
Tax Reform
Last week I covered a report from analysts at Barclays, which claimed that Trump’s proposed tax changed will lead to a market crash when introduced.
The report was based on analysis of recent history’s most notable tax regime changes; the Reagan tax cuts.
A few months after the Reagan cuts were introduced, the market crash on a Monday in October 1987.
Barclays points out those investors, who survive this day were well rewarded in the months following. S&P 500 earnings per . . .
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