‘I'm ecstatic': What a Trump 2.0 presidency could mean for Texas businesses and industry [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
“I'm ecstatic with how things turned out last night,” said Glenn Hamer, the president and CEO of the Texas Association of Business , on the morning after Tuesday's election. As the dust settles from Election Day, some of the state's biggest sectors are poised to see a return to what they consider more business-friendly policies from Washington. Combined with the Texas Legislature remaining firmly under GOP control, President-elect Donald Trump's proposed economic plans could hasten the state's already rapid growth. “We want to keep the same type of legislature in power, because it's been a legislature that has been extremely good to job creators,” Hamer said. Trump has proposed federal tax cuts, less regulation and a push to lower energy costs. Hamer called the presidential election extremely significant for local business owners, some of whom benefit from the tax cuts created by Trump's 2017 Tax Cuts and Jobs Act. Trump is expected to move to extend the legislation, some benef
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