rtokens: During the past four presidential elections , the candidate that has favoured tax cuts has won .
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tokens: " The stock market will have to edit the promises and then do a probability study on those edited promises , " said John Geraghty at the consulting firm North American Equity Services .
ltokens: The experts said there are some unusual risks for the market from this year 's political season because the rush to promise tax cuts to win votes could upset Wall Street 's expectations that Washington will balance the budget .