Business Rundown: A Brewing Battle Over Corporate Taxes
Description
In Washington, a battle is brewing over the U.S. corporate tax rate. President Biden has a plan to raise the current 21 percent corporate tax rate to 28 percent, while former President Trump has teased lowering it even further to 20 percent.
Meanwhile, inflation seems to be cooling this summer, though Americans aren’t feeling the impact yet. The Index of Consumer Sentiment showed U.S. consumer confidence hit a 7-month low in June.
And just how loyal will TV viewers be this summer? " Streamflation" comes to a head this June and July, with most of the major streamers hitting consumers with price hikes and advertisements.
Co-anchor of The Big Money Show on FOX Business, Brian Brenberg sits down with the President of Payne Capital Management, Ryan Payne, to discuss it all.
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