US President Trump said a “big tax reform and tax reduction” plan is expected this Wednesday. Much of the rise in the market since his election has been predicated on the notion of a drop in corporate tax rates and deregulation.https://twitter.com/realDonaldTrump/status/855817226078879748!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");The S&P formerly peaked at 2,396 back on March 1 and has roughly been flat in the eight weeks since as investors expect additional movement on expansionary fiscal policy legislation. Will the announcement be enough to put the S&P 500 over the 2,400 mark? (This would require a 1.09% increase from Monday’s closing mark of 2,374.15.)Agree – Yes, the S&P 500 will finish Wednesday’s trading at 2,400 or above.Disagree – No, the S&P 500 will remain below the 2,400 threshold.