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The TCJA is a big win for businesses and large corporations, because it lowers their tax rates.
This might mean increased capital for businesses, allowing for greater investment in expansion and innovation.
Meyercord added, Businesses should anticipate a continuation of the tax cuts first introduced during Trumps presidency.
Wages would also be affected, according to Cronin.
… High demand with low supply would increase wages and be a boon to those employees.
However, higher tariffs could cost businesses, too, Meyercord said.
This might lower operational costs for businesses in these sectors, leading to increased profitability.
This approach suits employees looking to grow wealth in abooming private market.
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