Perhaps one of the biggest market events of the last few quarters – if not the last decade – must be the Republican tax plan.
The wide-sweeping bill affects a whole host of consumer and corporate tax rates, deductions and other tax-related issues. In the end, the new law’s goal is to put more money in people’s and businesses’ pockets rather than in Uncle Sam’s. And who might be some of the biggest beneficiaries of the tax plan?
Your local burger joint of course!
The restaurant stocks could be some of the biggest winners from the Republican tax plan. Offering a way to win from rising consumer incomes and lower domestic tax rates, the eateries could be some of the biggest winners from the plan. For investors, buying the restaurant stocks could be a great way to boost a portfolio on several tax-plan fronts.