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.
Post election/lame duck- Andy comments for @ThinkAdvisor article re curtailment of stretch IRA & partial govt shutdown: ow.ly/5pyr30mGywC GOP Sen may be biggest hurdle for criminal justice reform in 18: ow.ly/vgWV30mGyAz Yet undecided seats: ow.ly/oeaL30mGyC6
Adding to the post from earlier today...the math is very tight for Nancy Pelosi and getting tighter. 16 Democrats have committed to not support or vote for her for Speaker of the House. We'll see if she can muscle her way through. ow.ly/uYl530mFWTb ow.ly/r64I30mFWUl
Good reads on the Speaker of the House fight within the Democrat party: ow.ly/7pGn30mFHvk Could Rep. Fudge be the next Speaker? Initial vote is 11-28. ow.ly/u38F30mFHxA Normally an internal debate, now it is a very public fight: ow.ly/HwLz30mFHF3
GOP leaders met with POTUS regarding the border wall funding and concerns over a potential partial government shutdown. December 7th is the deadline. ow.ly/MOVW30mDSiR After their meeting, POTUS remained "noncommittal" re shutdown. ow.ly/5pVb30mDSnp
Nancy Pelosi working to ensure she has the votes to become the next Speaker of the House, for a second time. The vote count seems pretty close. She can only lose 17 votes. No named challenger as of now. ow.ly/555k30mDoP4 ow.ly/Wdm430mDoPC