Published On: Mon, Mar 20th, 2017

Simple tax cuts best for dollar, says CBA

Donald Trump

Donald Trump: has said he wants corporate taxes to be as low as 15%

CLICK HERE TO VIEW THE PDF A standard cut in the corporate tax rate by the Trump administration would be more of a boost for the US economy and the dollar than the controversial border-adjusted tax (BAT) cut that has been floated as an option, says Richard Grace, chief currency strategist at the Commonwealth Bank of Australia, the winner of last week’s three-month currency forecast table. “Over the next 12 months, we will have more clarity on the US fiscal policy outlook. We believe if the


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