Closed-End Fund Market Commentaries
Jan 23, 2018
Click here to access A Passage of Tax Reform Could Provide a Boost to Industrials
View from the Observation Deck
1. After Congress passed the Tax Cuts and Jobs Act (TCJA) on 12/20/17, President Donald Trump signed it into law on 12/22/17.
2. President Trump touted tax reform as a tax cut for the middle class, but the biggest boost to the U.S. economy and markets could come from the reduction in the federal corporate tax rate from 35% to 21%, in our opinion.