@markets and @themarketear expect A “full” reversal of the TCJA would lift the effective $SPX tax rate from 18% back to 26% and reduce our 2021 #EPS forecast of $170 by $20 (12%) to $150 - if the Democrats were to sweep all 3 major (House, Senate, POTUS) elections in November https://t.co/ztOexZ1SQq