What Would a Harris or Trump Presidency Mean for Corporate Taxes?

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 27 August 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Aug. 27. The U.S. presidential election could bring a change to the corporate tax rate, as Kamala Harris and Donald Trump signal their tax proposals. Reporter Jennifer Williams explains how finance chiefs are trying to figure out their investment and growth plans. Meanwhile, companies looking to make their stock-market debuts are facing a critical decision: whether or not to hold off until 2025. WSJ IPO reporter Corrie Driebusch explains. Plus, Eli Lilly is offering a new way for patients to take its popular new weight-loss drug Zepbound. Reporter Peter Loftus has more. Francesca Fontana hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Don't you wish your life came with a warning app?
0:02.0	That dog does not want to be petted.
0:04.0	Well, life doesn't always give you time to change the outcome,
0:08.0	but Pre-diabetes does.
0:09.0	Take the one minute test today at Do I Have Pre-diabetes.
0:12.0	Or brought to you by the Ad Council on its Pre-Dibities Awareness Partners.
0:15.0	Special Counsel Jack Smith has filed a new criminal indictment against Donald Trump in his January 6th case.
0:25.0	And what would a Harris or Trump presidency mean for the corporate tax rate?
0:29.0	Finance chiefs are on the lookout for signs ahead of the November election.
0:33.2	Even after the election, there's still going to be some unknowns about where the rate will
0:38.1	land, which is why they're trying to get a sense for what's a good middle ground to model for now.
0:44.7	Plus, why companies are putting their plans to go public in 2024 on ice?
0:50.0	It's Tuesday, August 27th.
0:52.4	I'm Francesca Fontana for the Wall Street Journal.
0:54.8	This is the PM edition of What's News,
0:57.3	the top headlines and business stories that move the world today.
1:00.7	Special Counsel Jack. today.
1:07.0	Special counsel Jack Smith has filed a new criminal indictment against Donald Trump for trying to undo his 20-20 election loss,
1:11.0	saying the case remains largely intact even after the Supreme Court's
1:15.3	July ruling that former presidents have sweeping immunity for acts they take while in office.
1:21.1	With a new indictment, Trump faces the same four federal offenses he was originally
1:24.7	charged with related to efforts to overturn the 2020 election, which culminated in the January
	...

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