Carl Icahn is Betting on a Stock Market Crash

Re:Carl Icahn is Betting on a Stock Market Crash by notahacker on Wednesday May 11, 2016 @08:39AM (#11674680)

He favours a "temporary" ban on nearly a quarter of the world's population entering the US, delays to company's ability to hire anyone from overseas and a trade war with China... and also talks a lot about attacking Wall Street though without appearing to have any concrete policies to deal with it.

I don't think an unfunded plan to cut corporation tax is really going to tip things in his favour.

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Re:Carl Icahn is Betting on a Stock Market Crash by lumberjack on Wednesday May 11, 2016 @09:56AM (#11675272)

I don't think Wall St buys Trump's populist rhetoric. His words aren't worth much and I'm sure Wall St knows much better where he actually stands on these issues than the average Trump supporter.

Personally I don't believe he would actually try to implement any of the stuff he says he has planned. He would probably just try to make it seem like he's making big changes while not doing much at all.

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Re:Carl Icahn is Betting on a Stock Market Crash by Unklejoe on Wednesday May 11, 2016 @08:46AM (#11674721)

I feel the same way. I think the candidate who would create the least disturbance in the market would be Hillary. Compared to Trump and Bernie, she's the more normal "politician" which usually translates to "least likely to change anything" in the eyes of a lot of people.

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Re:Carl Icahn is Betting on a Stock Market Crash by lintiness on Wednesday May 11, 2016 @08:43AM (#11674708)

uh, his wall street plan is to get rid of carried interest and increase taxes on fund managers. i think we found some funding a corporate tax cut (if that's in fact what he's proposed).

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Re:Carl Icahn is Betting on a Stock Market Crash by auntienomen on Wednesday May 11, 2016 @01:33PM (#11677343)

He also proposes taxing _all_ income from pass-through vehicles (such as private equity funds, VC funds, and hedge funds) at 15%. Trump may eliminate the carried interest loophole, but he does so by lowering taxes until the loophole is irrelevant.

I consider this clear proof that he thinks his voters are chumps.

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Re:Carl Icahn is Betting on a Stock Market Crash by forgetsusername on Wednesday May 11, 2016 @09:28AM (#11675034)

Do reasonable people actually believe the President can implement such plans unopposed?

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Re:Carl Icahn is Betting on a Stock Market Crash by laichzeit0 on Wednesday May 11, 2016 @09:34AM (#11675085)

Executive orders?

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