Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: pocotrader who wrote (1112177)	1/21/2019 6:36:43 AM
From: puborectalis	Read Replies (1) of 1572776

President Donald Trump said tax cuts would be the "rocket fuel our economy needs to soar higher than ever before." A little over one year after the Tax Cuts and Jobs Act was signed into law, that expectation hasn't panned out, a new Bank of America Merrill Lynch analysis has found. One reason for this is growth expectations are a bigger driver of capital expenditures than the actual cost of capital — which tax cuts theoretically lowered.The analysis of the disconnect between what Republican lawmakers expected and what has transpired comes amid the longest government shutdown on record and calls for slowing growth."The investment boom that wasn't."

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