Trump Thinks Corporations Could Use Another Tax Cut

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Trump Thinks Corporations Could Use Another Tax Cut
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Trump, who's proposed taking heat from the poor to pay for the coronavirus, want to give corporate America another tax cut

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Report: Mike Bloomberg doesn’t like it when people write totally reasonable things about his billionaire friendsWhen stories angered Bloomberg’s friends, [Bloomberg LP] reporters heard about it. “People would say, ‘That’s a friend of Mike’s,’ or mostly they’d just say ‘FOM,’” former Bloomberg reportersaid. In 2015, Bloomberg complained at an editors’ meeting that reporters were going too far in their coverage of the rich.

though editors who worked on it told Dreier it was simply a journalistic decision and that last-minute changes were commonplace.The Fed might cut rates to stop coronavirus from dinging the economyFriday that while the “fundamentals of the U.S. economy remain strong...the coronavirus poses evolving risks to economic activity” and the Federal Reserve “is closely monitoring developments and their implications for the economic outlook.

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