Fred Cannon

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Last quote by Fred Cannon

Tax reform, as proposed, can be a very good thing. I mean, if we look across the board, financials tend to be high taxpayers and as a result, that tax cut is going to fall to the bottom line of big banks and to many financials. A lower tax rate is going to make investment more profitable. It would push up capital expenditure, improve economic growth, and you'd see loan growth pick up, which is good for the capital market.
Feb 21 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Fred Cannon is associated, including JP Morgan and Kovacevich. Most recently, Fred Cannon has been quoted saying: “Tax reform, as proposed, can be a very good thing. I mean, if we look across the board, financials tend to be high taxpayers and as a result, that tax cut is going to fall to the bottom line of big banks and to many financials. A lower tax rate is going to make investment more profitable. It would push up capital expenditure, improve economic growth, and you'd see loan growth pick up, which is good for the capital market.” in the article These are the big banks that would benefit the most from a tax cut.
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Quotes by Fred Cannon

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