Jan 29, 2014 2A dynamic and insightful speaker, Jeff Bush is known for his unique ability to decode difficult and confusing tax and fiscal information coming out of Washington. Jeff is a colleague of Andy Friedman and an integral part of The Washington Update, the industry thought leader that guides domestic clients through the complex and ever-changing political […]
As 2017 drew to a close, Congress passed the Tax Cuts and Jobs Act, tax reform legislation that made sweeping changes to the Internal Revenue Code. When Congress last reformed the tax code in 1986, the legislative process took over two years. This time Congress accomplished the same feat in two months. This white paper discusses the portions of the Tax Cuts and Jobs Act that are of particular importance to business owners, investors, and financial advisors. We point out situations that are likely to fare better and those likely to fare worse under the legislation. At the end, we present a chart of “winners and losers” that takes into account these individual situations. The chart also shows business and economic sectors particularly likely to be affected by these tax changes, thereby potentially altering their equity valuations.
One of POTUS's primary issues is trade. He pulled out of the TPP and is renegotiating NAFTA. But he has an opportunity to send a message to China right now- ow.ly/twZf30hSze2 China may call his bluff- ow.ly/s1eR30hSzgU
Andy and I have been talking about the deregulation push by POTUS Trump for the last year, a quiet and effective effort. Here is an article laying out that work and its status. ow.ly/nyRN30hRkjy
Earmark return: ow.ly/Wuyu30hRjGj POTUS Trump opened this issue and there is some support for the effort. Would certainly help grease the gears in Congress. But, there needs to be clear rules around their employment to avoid abuse.