Taxes would be “most direct consequence of a Dem sweep”
estimates Biden’s tax proposals would cut S&P 500 earnings by 9 % “excluding 2nd-order impact from economic growth, business confidence, or other factors”. But 2nd-order is 1st order.
France has sent out bills for digital service tax, UK is due to start in April. US pulled out of OECD negotiation in June. Lighthizer