Advertisement
Canada markets open in 5 hours 21 minutes
  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     
  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     
  • DOW

    38,085.80
    -375.12 (-0.98%)
     
  • CAD/USD

    0.7331
    +0.0008 (+0.11%)
     
  • CRUDE OIL

    83.98
    +0.41 (+0.49%)
     
  • Bitcoin CAD

    87,786.96
    +461.13 (+0.53%)
     
  • CMC Crypto 200

    1,388.13
    -8.41 (-0.60%)
     
  • GOLD FUTURES

    2,357.20
    +14.70 (+0.63%)
     
  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     
  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     
  • NASDAQ futures

    17,761.50
    +194.00 (+1.10%)
     
  • VOLATILITY

    15.48
    +0.11 (+0.72%)
     
  • FTSE

    8,121.43
    +42.57 (+0.53%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • CAD/EUR

    0.6826
    +0.0005 (+0.07%)
     

How a possible GOP proposal may slash taxes for big tech: ITEP

Some Senate Finance Committee members are looking into a plan that would allow corporations to claim additional federal tax credits this year, according to the Washington Post. Matthew Gardner, Senior Fellow at the Institute on Taxation and Economic Policy, joins Yahoo Finance’s Zack Guzman to discuss how a proposal like this could provide new breaks to companies like Netflix and Amazon.