Jan 29, 2014 1A 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.
Good read re the realities of post 2020 politics. Assuming Dems win the Whitehouse & not the Senate, progressive proposals will be DOA. However, if Dems win the Whitehouse & the Senate, will they bust the filibuster to move a progressive agenda forward? ow.ly/Jq0Y50ryw1o
Very important case goes before the Supreme Court this week. Should citizenship question be added to every census questionnaire? Useful for accuracy and necessary or intimidating and resulting in undercounts? ow.ly/ZTZq50rbM1w ow.ly/PESX50rbM1v
Did you hear about the big report released yesterday? No, not that one, the International Trade Commission scoring report about the NAFTA replacement deal, USMCA! Shows positive, but small, impact for USA. ow.ly/hJiG50qSIDp ow.ly/ZgLO50qSIDs ow.ly/gqaC50qSIDw
Congress planning to negotiations for the FY2020 budget ceiling numbers after April recess. POTUS generally stays out of these discussions, but Trump laid down some red lines that's complicating negotiations. Keep in mind, this is just the top line numbers.…