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A $732 billion investor says Wall Street is seriously underestimating Trump’s tax plan





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There’s understandable caution about the prospects of successful tax legislation after Republican lawmakers failed to repeal the Affordable Care Act.

The tax-reform proposal that the White House unveiled this week is already fraught with a number of issues that could delay its timeline. They include a lack of details on how revenue shortfalls would be made up and a looming jostle among lobbyists for the most favorable piece of legislation.

Even after some renewed enthusiasm in the last two weeks for lower corporate taxes, UBS Asset Management says Wall Street is placing too little odds on the read more >>>

Source:: BusinessInsider.Com

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