Apple shares to soar on Trump tax reform, Bank of America predicts

Apple shares to soar on Trump tax reform, Bank of America predicts

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/10/09/apple-shares-to-soar-on-president-trumps-tax-reform-bank-of-america-predicts.html

Apple will be a big beneficiary of President Donald Trump's tax reform plan, according to a top Wall Street firm.

The Trump and Republican Congress tax reform plan calls for a corporate tax rate reduction to 20 percent from 35 percent and a lower repatriation tax rate for U.S. companies' accumulated foreign earnings.