This document is page 24 of a Bank of America Merrill Lynch 'Equity Strategy Focus Point' report dated January 29, 2017. It details the methodology for estimating the impact of tax repatriation, border adjustments, and lower corporate tax rates on S&P 500 earnings per share (EPS), specifically referencing Donald Trump's tax proposals. The document bears a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was part of a document production for a congressional investigation.
A page from a Bank of America Merrill Lynch 'Equity Strategy Focus Point' report dated January 29, 2017. The document analyzes S&P 500 valuations, corporate leverage, and the potential financial impact of Donald Trump's proposed repatriation tax on accumulated overseas profits. It includes charts on share repurchases, fund manager surveys, and debt/EBITDA ratios, and bears a House Oversight Committee Bates stamp.
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