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.
Full steam ahead with judicial confirmations, even while the Senate is in recess. Trump's legacy may very well be his impact on the federal judiciary. ow.ly/fK5Y30miL2I
Democrats are raising money hand over fist in the 2018 race. Dems raised over $1B vs $709mm for the GOP through September. ow.ly/kHE930mhXrt But money doesn't always yield voter turnout. Interestingly, neither does voter enthusiasm. ow.ly/nR7Z30mhXsU
We've been advising audiences, should the Dems take the House in the mid-term elections, the White House will be inundated with investigations, oversight, hearing requests etc. This theme is picked up in a McClatchy article saying they are unprepared: ow.ly/Iuft30mgJUE
McConnell-higher deficits not from tax cuts, it's the spending: ow.ly/AItE30mgK8T Pelosi-areas where Dems can work w/ POTUS: ow.ly/Uenu30mgKbi Meanwhile, US wages growing! ow.ly/6aiC30mgKeL US world's most competitive economy! ow.ly/2noB30mgKgR
Mixed bag today- As we predicted, deficit balloons. Both parties pointing fingers: ow.ly/KJMT30mfYeT A few house races R looking surprisingly competitive: ow.ly/VzKV30mfYqQ Affordable housing shaping up 2B a platform issue for Dems in 2020 ow.ly/431230mfYjK