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Georgia Senate runoff could lead Dow to drop by 1,000 points: Steve Moore


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Posted

Former Trump senior economic adviser Steve Moore argued on Tuesday, the day voters in Georgia head to the polls for the Senate runoff elections, that a Democratic sweep could lead to the Dow Jones Industrial Average dropping by 1,000 points.

 

Biden has repeatedly said he would roll back President Trump's 2017 Tax Cuts and Jobs Act and raise the corporate tax rate to 28% from 21%, restore the top individual tax rate to 39.6% from 37%, tax capital gains as ordinary income, cap deductions for high earners, expand the Earned Income Tax Credit for workers over the age of 65 and impose the Social Security payroll tax on wages above $400,000. Without a Democratic-controlled Senate, those tax hikes are likely off the table.

Posted
13 minutes ago, Spartan said:

Cash chetlo pettukondi andaru 

repu stocks konanike @Vaampire

Sure aa ... night ki transfer chesukunta 

Posted
1 minute ago, Anta Assamey said:

Sure aa ... night ki transfer chesukunta 

Yes dems geliste 

Posted
9 minutes ago, Spartan said:

Yes dems geliste 

Senate dems eppudu gelichi saccharu. It's always REPUBS

Posted
Just now, megadheera said:

Reps geliste market up aa?

Neutral untadi like 100-200

Posted
38 minutes ago, Spartan said:

Cash chetlo pettukondi andaru 

repu stocks konanike @Vaampire

Nenu follow avuthaley. Mostly reps gelustharu anukuntunna

Posted
1 minute ago, Vaampire said:

Nenu follow avuthaley. Mostly reps gelustharu anukuntunna

correct.... Reps almost near the line.. almost 92% done and the margin ishuge

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