The Financial System Stability Committee (KSSK) revealed that the President of the United States Donald Trump was considered to be a serious concern factor for many countries for his controversial policies and its negative impacts. The protection of trade, tax cut, and repatriation of funds are among the policies put forth for the U.S. economy to grow 4% per year, from current 1.6% only. Tax cut will result in the decline in state revenue, while the expected aggressive spending would boost budget deficit. Currently the United States’ tax ratio over the GDP reaches 104.17%.To subscribe please click here
