Home Blockchain News Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing

Trickle Sideways? Trump’s Business-Friendly $1.5 Trillion Tax Overhaul Incentivized Corporations Into Changing Nearly Nothing

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One year after one of the biggest tax overhauls in American history, a survey released on Monday has revealed that the tax cut has not brought about the anticipated huge changes to the investments and employment plans of businesses across the United States. In 2018, the Donald Trump-led administration effected a $1.5 trillion tax cut with hopes of increasing both job growth and investments, in line with its hotly-debated trickle-down economic philosophy. The quarterly business conditions poll carried out by The National Association of Business Economists (NABE) however, shows that the vast majority of survey respondents have not changed their

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