As the United States gears up for a pivotal election day, the showdown between Democratic candidate Kamala Harris and Republican candidate Donald Trump stands to reshape the global business landscape.
globalEDGE Blog - By Tag: elections
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Taxes have never been more important than they are today. One of the most debated policies in the 2020 U.S. Presidential Election has been taxes. Biden seeks to reduce tariffs, raise the top capital gains tax rate to 40%, and raise corporate income tax rates to 28%. Trump plans to maintain tariffs, continue the Tax Cuts and Jobs Act (TCJA), which lowered the top capital gains tax rate to 20% and corporate income tax to 21%. In this blog, I will highlight different types of taxes, and their effects on international business.
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The United States of America is a front runner for global markets. Fears are starting to impede countries on the changes the market might see with this year's presidential election in the U.S. There are many speculations that the election results will have a dramatic effect on our international markets. The novel Coronavirus has done a lot to the economies of countries all across the world. Like Germany and France, many of Europe are facing setbacks that will likely not recover until 2022.
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Whether listening to their favorite music, tuning into informational podcasts, catching up on captivating audiobooks, or boosting the overall volume levels of a device, millions of consumers depend on speakers as a means to output audio. Subsequently, speakers represent a critical tool for motivation, relaxation, and functionality in society. This criticality is reflected in the global speaker market, which continues to grow with consumption trends, quality improvements, and innovation.
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After an exhaustive Tuesday night of speculation and predictions, Barack Obama managed to hold his position as the President of the United States for another four years. Foreign support for the President rained in on Wednesday through countless newspaper headlines, and it became apparent that allied nations have a tall order for the reelected President. They expect him to start his term off with a strong foreign policy with hopes to quell the global debt crisis and help boost emerging markets.
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Election day in the U.S. is almost over, but how many Americans actually exercised their right to vote in this historic 2008 Presidential election, only time will tell. Based on past record though, the U.S. has one of the lowest percentages of voter turnout. Average election turnout since 1960 is only 54% in the U.S - that's just over 1 in every two people that are eligible to vote. In 2004, 60.1% of eligible voters in the U.S. cast their vote.