Investors including millions of Americans with savings and retirement accounts will be watching very closely the first 100 days of the Trump Administration. The new president promises to implement his plan for infrastructure spending, Government deregulation, and even tax cuts. All of which is designed to boost the US economy. Corporations with a lot of money on the side lines will be watching these first 100 days of President Elect Trump. Ed Butowsky, top wealth manager in Dallas, Fox News Financial Advisor, and managing partner of Chapwood Investment Management, discusses with Gregg Jarrett research he did about the amount of money companies in the S&P 500 have sitting on the side lines to cover tax liabilities and what it means to their balance sheets if Trump were to cut corporate taxes and the impact it could have on our sluggish economy.
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Tags: Corporate Tax Cuts, Trump's First 100 Days