Goldman: Harris tax hike could slash S&P 500 profits by 5%
Edited By WION Video Desk
Published: Sep 06, 2024, 05:25 IST | Updated: Sep 06, 2024, 05:25 IST
Goldman Sachs analysts have warned that Vice President Kamala Harris' proposed corporate tax hike could reduce earnings for S&P 500 companies by approximately 5%. The plan, which seeks to raise the corporate tax rate from 21% to 28%, is part of Harris' broader initiative to ensure that large corporations pay a fair share of taxes.
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