Analysis

Trump Tax Talk's Few Details Let M&A Uncertainty Persist

Law360, New York (August 30, 2017, 10:17 PM EDT) -- President Donald Trump's Wednesday speech calling for an overhaul of the tax code was light on details and offered little new information, leaving in place uncertainty in the merger and acquisitions market about exactly what changes may be coming for corporations and when they might be enacted.

The speech, delivered at a manufacturing plant in Springfield, Missouri, centered mainly on describing a need to overhaul the tax code to keep American businesses competitive. Rather than dive into the specific policy changes the president would like to see made, Trump touched on broader themes like the reduction of the corporate tax rate...

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