Visa Inc Class A

V: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$472.00	Hdj	Xkcxmfns

Corporate Tax Hikes Are Very Likely to Come for U.S. Equities

Preston Caldwell

May 11, 2021

We expect a U.S. corporate tax hike to be passed this year. Our probability-weighted forecast is an increase in the statutory tax rate to 26% from 21% currently. Our equity analysts will be incorporating the new tax rate into their valuation models over the coming weeks, but our preliminary analysis suggests a mid-single-digit impact to the average U.S. equity valuation.

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