It was extremely difficult to find legislation proposed in the last two weeks, but I was able to find political propositions in President Trump's Joint Address to Congress on February 28, 2017. The proposition I would like to focus on is one that he has repeated many times in previous speeches, and reiterated in this speech. He plans to lower the corporate tax rate (whitehouse.gov). One can only speculate and logically deduce who will benefit from this type of legislation, because it has not been officially established yet. By my assessment, the first ones to benefit from reducing the corporate tax rate are, of course, corporations. Many corporations have been outsourcing their labor in order to work around high tax rates and regulations in the United States. Taxes and regulations are always necessary, but the intent of lowering the tax rate is to bring companies back to the United States by creating a more enticing financial option than foreign countries can provide, which would theoretically boost the economy as a whole. This idea is based on "trickle down economics", which basically states that if corporations do well, the poorer classes will be able to reap the benefits directly through employment or indirectly through a positive economic climate. The day after President Trump's Joint Address to Congress, the stock market reached a record milestone, with the Dow Jones Industrial Average surpassing 21,000 points (marketwatch.com). This seemed to suggest that investors were encouraged by the President's remarks, even though his proposal is not yet in the works. It looks like those in the stock market have already benefited from the idea of this legislation, but it still remains to be seen if this proposal will become legislation, or if the proposal will meet the already high expectations set for it.
Links to sources:
http://www.marketwatch.com/story/wall-street-stocks-set-to-resume-rally-on-fed-rate-hike-hopes-trump-relief-2017-03-01
https://www.whitehouse.gov/the-press-office/2017/02/28/remarks-president-trump-joint-address-congress
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