• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cathie Wood Proposes Trump's Administration to Implement Tax Reforms Retroactively

user avatar

by Giorgi Kostiuk

a year ago

U.S. tech investor Cathie Wood is urging Donald Trump's administration to enhance economic growth by backdating tax cuts to January 1, 2025.

Impact on ARK Innovation Fund

Wood’s flagship ARK Innovation fund surged 17% following Trump’s election victory, fueled by expectations of beneficial policies for its holdings. Tesla and Coinbase, key stocks in the fund, have shown significant growth since November 6.

Support for Trump's Economic Platform

Cathie Wood publicly supports Trump's economic platform, emphasizing its focus on innovation and deregulation. She believes that retroactive tax cuts would provide market certainty.

Tariff Policy Plans and Innovation

While Wood generally opposes tariffs, she views Trump's tariff threats as a negotiation tactic. She also identifies AI and autonomous technologies as key opportunities for investment.

Cathie Wood remains optimistic about economic growth and investment opportunities under a pro-innovation policy framework.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Charles Edwards Highlights Bitcoin's Upside Potential Amid Quantum Security Risks

chest

Charles Edwards highlights Bitcoin's potential for a price increase if progress is made on post-quantum security, despite current market risks.

user avatarLi Weicheng

Ripple CEO Brad Garlinghouse Honored as 2026 Business Leader of the Year

chest

Ripple CEO Brad Garlinghouse has been honored as the 2026 Business Leader of the Year by the Harvard Business School Association of Northern California for his contributions to payments infrastructure and digital assets.

user avatarAisha Farooq

Solana Faces Key Resistance Levels Ahead

chest

Solana's price is encountering resistance near 8820 and 9000, with major support levels at 8650 and 8500.

user avatarTenzin Dorje

Solana Price Shows Positive Momentum Above 87

chest

Solana's price has started a fresh increase, consolidating above the 87 level and aiming for gains above 90.

user avatarBayarjavkhlan Ganbaatar

XRP's Price Trajectory Analyzed with Elliott Wave Theory

chest

XRP's price trajectory is analyzed using Elliott Wave Theory, suggesting a transition into a bullish expansion phase with potential targets between 15 and 31.

user avatarMohamed Farouk

XRP Experiences Major Exchange Outflow

chest

XRP has seen significant accumulation signals with a record outflow from exchanges.

user avatarElias Mukuru

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.