Trump’s tax cut led to record sales of Rolls-Royce cars

Homepage | Forums | Topics In Depth | Economics | Trump’s tax cut led to record sales of Rolls-Royce cars

Viewing 0 reply threads
  • Author
    Posts
    • #10625
      N2Doc
      Participant
      • Total Posts: 8,310

      Luxury British car-maker Rolls-Royce had a stellar 2018. It sold 4,107 cars, up 22% from the year before. It was the company’s best annual result in its 115-year history.

      The sales were revved up by the US, its largest market, which account for around a third of worldwide purchases.

      “The tax reform helped a lot to fuel our business,” CEO Torsten Müller-Ötvös told the Financial Times (paywall). The reform in question is the tax cut pushed through by Donald Trump in 2017, perhaps the president’s signature legislative achievement.

      more

      https://qz.com/1520170/trumps-tax-cut-led-to-record-sales-of-rolls-royce-cars/

      Note the real boom began during Barry’s admin…

Viewing 0 reply threads
  • You must be logged in to reply to this topic.