Fed Hikes Haven't Broken Much Yet. But Banks Are Wobbling.

Contributing sentiments towards policy:

52% : It outlines $4.5 trillion in higher taxes for corporations and the wealthy, including: raising the top individual tax rate to 39.6% from 37%; increasing the corporate tax rate to 28% from 21%; increasing taxes on corporations' foreign profits to 21% from 10.5%; and quadrupling taxes on stock buybacks.
51% : His plan also increases taxes on private-equity managers' carried-interest income, limits certain retirement-account benefits for wealthy people, and makes cryptocurrency transactions subject to the wash-sale rules that apply to stocks and bonds.
45% : SVB is booking a $1.8 billion after-tax loss on the investment sales and plans to raise $2.25 billion by selling common and preferred stock, including $500 million to the private-equity firm General Atlantic.
29% :--***Biden's Budget Raises Taxes on the Wealthy, Big CorporationsPresident Joe Biden's $6.9 trillion for fiscal 2024 would increase taxes on the wealthy and big corporations, strengthen social programs such as Medicare and Social Security, and reduce the deficit by nearly $3 trillion over 10 years.

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