Most of President Donald Trump’s wealth was created by investing in real estate, but now he is looking for ways to create wealth for the average American working man and woman often referred to as the “Forgotten Man.” However, some investors have become less sure about how much his “America First’’ policy will actually boost economic growth. Kathy Bostjancic, head of U.S. Macro Investor Services with Oxford Research, explains.
Key Takeaways:
- Some investors have become less sure about how much Trump’s “America First’’ policy will actually boost economic growth.
- The American People want instant gratification on many of Trump’s key agenda issues including the Affordable Care Act healthcare repeal and replace and individual and corporate tax reform.
- Congress is considering eliminating and/or repealing certain business expense deductions, including net interest expense and IRC 1031 tax-deferred exchanges.
“Of all of this issues, the one that Trump understands best is individual and corporate tax reform.”
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