Trump’s tax reform bill and its domino effect on the international market
Art Market | Signed on 22 December 2017, Trump’s tax legislation reform implies numerous micro- and macroeconomic effects. Although the general repercussions are still difficult to predict, they should also affect the art world.
Inspired by the logic of trickle-down economics, which considers that tax breaks benefit the poorer members of society, the new version of the American fiscal system implies a significant tax relief for high-income households, corporations and entrepreneurs. […]
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