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11/06/2024

Here's How Trump's Victory May Impact Small Businesses

Tax cuts for for-profit businesses may negatively impact nonprofits

On Wednesday morning, Republican candidate Donald Trump was elected the 47th president of the United States.

Wall Street is "cheering" Trump's triumph, per NPR, and is relieved by a "quick and undisputed election result," according to USA Today.

The Dow Jones Industrial Average rose more than 3 percent Wednesday morning, and the Nasdaq and S&P 500 rose by 1.5 percent each, hitting record highs.

Please select this link to read the complete article from Entrepreneur.

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