- Wants to lower corporate tax rate to 25 from 35%
- Proposes exmpting 95% of overseas earnings from US tax
- Supports idea of tax holiday on repatriated profits
Not sure if this news is spurring the stock rally but they have moved higher in the last 15-20 minutes and are now up about 0.4%. EUR/USD is firming as well, now at 1.3870.