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Billionaire investors — including Tepper, Buffett — say Trump’s ‘huge’ tax cut is bullish for stocks [CNBC]

COMCAST (CMCSA)  More Company Research Source: CNBC
Last comcast earnings: 7/26 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
PDF Nicholas Kamm | AFP | Getty Images President Donald Trump Several of the most respected and influential investors in the world are growing more optimistic on equities due to the tax reform bill. The Republican tax overhaul, which President Donald Trump signed into law last month, lowered the corporate tax rate to 21 percent from 35 percent. Politics are now taking a back seat to simple math as investors are significantly altering how they are valuing stocks and the market. Even though Warren Buffett supported Hillary Clinton over Trump in the last presidential election and has called for higher taxes on the wealthy, he explained Wednesday that the GOP corporate tax cut is a boon for shareholders. The tax act is a huge factor in valuation, Buffett said on CNBC's Squawk Box . You had this major change in the silent stockholder in American business who has been content with 35 percent ... and now instead of getting 35 percent inter [Read more]

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