Donald Trump’s victory in the presidential race came as a surprise to most political analysts and observers, and much is expected to change in the coming years with a Republican in the White House.
For the past eight years, significant changes have been difficult to implement as neither party held control. But the balance of power has shifted as Congress now has a Republican majority, which could lead to a dramatically different landscape for the economy and markets.
Additionally, Trump has proposed reducing the corporate tax rate to 15% from 35% and has floated the idea of applying that lower rate not just to large corporations but also small-business owners.
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