At Least One Top Hedge Fund Manager Favors Trump’s Tax Plan
The tax questions continue to grow as the country waits for President-Elect Donald Trump to be sworn in, in just a few more days. Of course, there is much debate as to whether or not Trump’s tax policies will help or hurt our country and it’s overall economy. The nation is as divided over that issue as they were during the election.
One group that is watching this debate closely is hedge fund managers. In fact, at least one major hedge fund manager who has already taken a hit since Trump won the election is still sure that a Trump presidency will be good for the nation’s financial position. Nelson Peltz, who owns Mondelez, which has dropped 10 percent since the election, is still certain that Trump will be good for the economy.
Peltz believes that if Trump is able to enact the tax reductions and changes that he has proposed the country will see improved employment and more companies moving their operations and revenue back to the U.S. In fact, even though Trump has been critical of Mondelez-owned companies such as Chips Ahoy!, for moving jobs to Mexico, Peltz still likes the potential benefits that Trump’s tax plans bring to the country.
http://www.forbes.com/sites/janetnovack/2016/12/01/how-much-will-trump-cut-taxes-for-top-400-well-never-know-as-irs-ends-400-report/#1acdd9db1795
5 Ways to Successfully Network
5 Ways to Successfully Network Word of mouth is no longer the only networking option. As technology and the business world develop, so do networking opportunities. As consequence of our current recession, the recent rise of unemployment rates has caused many individuals to turn to more self-sufficient ways of making a living by starting their…
7 Tax Tips for Starting Your Own Business
7 Tax Tips for Starting Your Own Business Have you ever considered starting your own business? According to a recent survey, the rates of early-stage entrepreneurial activity surged in 2011, jumping nearly 60% in the U.S. More than 12% of U.S. adults reported starting a business or running new businesses last year. This is an…
Choosing a Business Entity that is Right for You
Choosing a Business Entity that is Right for You Have you decided to venture out on an entrepreneurial limb? If yes, there is an array of business structures that you can choose from. There are different tax liabilities dependent upon which business structure that you choose. Below, we briefly explore the different entity options. 1.…
Creating a Positive Work Environment
Creating a Positive Work Environment “BEEP…BEEP…BEEP…BE-.” Hit the snooze on the alarm for the fifth time. Shower. Breakfast. Read the latest news headline on your iPad. Race off to work to begin another day in the cubicle. Since most people see their lives as highly repetitious, how do you create an environment where your employees…