Fiscal policy always has a significant impact on financial markets, and the #TrumptaxCuts were no exception. These tax cuts implemented in 2017 aimed to stimulate economic growth, reduce unemployment, and increase business investment. In particular, companies saw a significant decrease in their corporate tax rate, which led to an increase in stock buybacks and dividends. This also generated volatility in the cryptocurrency market, as many investors sought new yield opportunities. Today we continue to analyze their effects: was the stimulus sufficient or did it simply create a bigger bubble? At Binance, it is important to understand how fiscal policies influence short and long-term investment decisions. Share your opinion on the #TrumpTaxCuts and their impact on the markets!
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