The Subtle Reason Stocks Can Plunge if Kamala Harris Raises the Corporate Tax Rate by 33%

Less than a month from today, on Nov. 5, voters will head to the polls to determine which presidential candidate -- current Vice President Kamala Harris or former President Donald Trump -- will lead our country for the next four years.Admittedly, not every decision made in the Oval Office or by our elected officials in Congress has bearing on Wall Street. However, the economic policies put into place by the incoming president and Congress do have the potential to affect corporate profits, and thus the stock market.While there are potential advantages and drawbacks to the economic proposals of both candidates, the one plan that's raising a lot of eyebrows on Wall Street is Harris' call to raise the corporate tax rate by a third -- from 21% to 28%.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool