Want the Biggest Winners From Trump Tax Plan? Think Small
Smaller companies have more to gain than larger ones from President-elect Donald Trump’s plan to reduce corporate taxes, according to Lori Calvasina, chief U.S. equity strategist at Credit Suisse Group AG. Effective tax rates were higher than 35 percent in the past 12 months for 38 percent of the companies in the Russell 2000 Index, based on data she cited in a report Tuesday. The comparable figure for the S&P 500 Index is just 23 percent.