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Trump's tax plan brings cheer to hedge funds
Published Thu, Apr 27, 2017 · 09:50 PM
New York
US hedge fund managers began warming to President Donald Trump soon after his surprise election ignited a powerful stock market rally. Now, his dramatic tax cut plans give them even more reasons to cheer.
Mr Trump, looking to make good on pledges for sweeping tax reform, on Wednesday unveiled plans for a cut in the tax rate to 15 per cent for so-called pass-through businesses.
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