Your email has been successfully added to our mailing list.

×
-0.000394944707740838 -0.000394944707740838 -0.000394944707740838 -0.000394944707740838 -0.000394944707740838 0.00310426540284366 -0.00197472353870461 -0.00197472353870461
Stock impact report

The 401(k) debacle proves why sweeping tax reform will be hard to pass, Cramer says [CNBC]

Churchill Capital Corp V Class A (CCV) 
US:NYSE Investor Relations: cmcsa.com/investors
Company Research Source: CNBC
show chapters While the chances of lawmakers drastically cutting 401(k) contribution limits are slim, CNBC's Jim Cramer still doubled down on why the cuts would be especially harmful to the middle class. The whole point of a 401(k) plan is that your contributions are tax-deductible up to $18,000 a year. They want to slash that to $2,400? It's hard to imagine a less popular way to pay for the massive tax cuts that President [Donald] Trump assures us [will] make our companies more competitive while helping the middle class, the Mad Money host said. But if you neuter 401(k)s, then really, you're just punishing individuals who save in order to give corporations a tax break. Well, that's just crazy, he added. After The Wall Street Journal reported that GOP lawmakers considered slashing 401(k) contributions as a part of tax reform, Cramer went on NBC's TODAY on Monday to explain why the cuts would negatively affect consumers. Shortly thereaft Show less Read more
Impact Snapshot
Event Time:
CCV
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for CCV alerts
Opt-in for
CCV alerts

from News Quantified
Opt-in for
CCV alerts

from News Quantified