WILL THE TAX PLAN SUSTAIN MARKET GROWTH? How These 3 Additions Could Af fect the Market
It’s that time of year when, no matter where you go, you see Uncle Sam pointing at you. With tax season descending upon us, we know one of the major financial questions on your mind is how the new tax plan changes your financial standing. While the major impact on your personal taxes won’t take effect until 2018, the potential for an
follows right along with it, causing an increase in prices and the market overall. Businesses Add Benefits Many businesses are taking this addition of cash and giving it back to their employees. These corporations are issuing bonuses, increasing benefit packages, and raising salaries across the board. Lowes, one of the giants in home improvement, issued bonuses of up to $1,000 for their employees. More Money, Less Problems? With many taxpayers' wallets padded by a little more dough, Americans have the ability to purchase more of the items they want. The increase in consumer capability helps companies by
giving them more opportunity to woo potential buyers. This could potentially help businesses avoid the problems of poor sales and push to continue growth. In many instances, the new tax reform can function as a stimulus plan of sorts. Whether or not this newly injected cash flow will find its way into the markets has yet to be fully recognized. We’ll be happy to put you on a path toward having your money work for you — not the other way around. If you have questions about whether the new tax law puts more money in your pocket or how minor changes to your portfolio may help, contact us today.
impact on the market is already here. Corporate Tax Cut With an unprecedented cut of 14 percent for
corporations, many businesses, both large and small, will be seeing an increase in their bottom lines. This creates more opportunity for growth and revenue, which can ultimately increase the value of a company. When the value of a company goes up, usually the stock TAKE A BREAK!
All investment strategies have the potential for profit or loss.
Recipe inspired by Real Simple
BRAISED CHICKEN AND
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4 large carrots, cut into sticks
1 tablespoon olive oil
1 tablespoon sugar
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8 small bone-in chicken thighs 1 cup low-sodium chicken broth
2 tablespoons fresh chives, chopped
Salt and pepper
12 radishes, halved
DIRECTIONS 1. Heat olive oil in a large saucepan or Dutch oven over medium-high heat. 2. Season the chicken with salt and pepper. Brown in pan for 6 to 7 minutes per side. 3. Remove chicken from pan and scrape off excess fat. Add broth and stir in radishes, carrots, and sugar. 4. Return chicken to pan, placing on top of vegetables. Gently simmer with lid on pan for 15 to 20 minutes. Finish with chives.
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