Tag Archives: US tax overhaul

The Senate budget resolution this week was a positive step, but we remain cautious about the scope of any tax cuts eventually enacted.The US Senate this week approved a budget resolution, which effectively allows it to side-step Democrats’ opposition to start formulating tax cuts. The bottom line is that the Senate vote increases the odds of some tax cuts actually happening, but we think that the road to the finish line will be bumpy and that any tax cuts, if enacted, could be modest. There...

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