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Potential Tax-Rate Changes and the Implications for Corporate Profits
November 2, 2021 in Thought Leadership
Based on the current US corporate tax rate negotiations in Congress (an increase from 21% to 25%) as well as the potential adoption of a 15% global minimum corporate tax rate, the estimates we've seen range from a four to seven percentage point hit to S&P 500 earnings growth in 2022. So, for example, if S&P 500 EPS ...