According to the Renaissance Capital IPO Center, Trump’s plan to lower corporate tax rates could benefit many small/mid-cap IPOs. 

Trump’s proposal is to lower corporate tax rates from the current 35% to 15% may not benefit large-cap global companies, that are able to tax arbitrage and pay very little in taxes, but many U.S. companies in the small/mid-cap segment are paying marginal rates of up to 35%, and Trump’s policy could greatly benefit them.

Renaissance suggest that companies currently paying, or forecasting, a 35% marginal rate should see their valuations jump significantly. Valuing a company based upon the present value future cash flows would result in significant increases in post-tax income, and thus valuation, under Trump’s plan.

See more about how Trump’s Plan To Lower Corporate Tax Rates Could Benefit Many MicroCap and SmallCap IPOs HERE.