- Moody's says U.S. President Trump’s proposed tax framework is likely credit negative for the U.S., positive for most sectors
Market news
2 October 2017
Moody's says U.S. President Trump’s proposed tax framework is likely credit negative for the U.S., positive for most sectors
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Says do not think any increase in taxable income from higher growth will compensate for proposed cuts in tax rates
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Lower corporate tax rate, full deductibility of capital expenditures in period spent would benefit corporate credit quality
Market Focus
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