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Harris plans to raise corporate taxes? Goldman Sachs warns: s&p 500 corporate profits may fall by 5%
Recently, Harris proposed that if she defeats her Republican opponent Trump in the election, she will increase the corporate tax rate from 21% to 28% and ensure that "big companies pay a fair share"; Goldman Sachs estimates that at a tax rate of 28%, the profits of companies in the S&P 500 index will be impacted by 5%.
'Boy, That Escalated Quickly.' Goldman Strategist Says Stock Market Could Fall Further