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.
I'm not sure if you heard, but the first Dem primary debate it tonight!! 9PM Eastern on NBC channels. Pits experience against outsiders and young guns: ow.ly/SXVJ50uNupc Some things to watch for: ow.ly/bC7950uNupn ow.ly/yl5W50uNupj ow.ly/fFex50uNuph
New @AP poll suggests strengthening support for "previous job experience" in Dem primary voters. Also, poll shows how early we are in this process. Voter knowledge is still quite low re candidates and platforms. ow.ly/dJa850uMsLl
Financial transaction/trading & wealth taxation will likely play a significant role in Dem debates Wed & Thur this week. ow.ly/aGPO50uMsnk "Tax us more", say some ultra wealthy. ow.ly/1r3550uMsnm Debate rules will hinder thoughtful answers. ow.ly/Dcse50uMsnn
Top issue for voters? Healthcare. POTUS claims GOP is the party of healthcare while Dems focus on Medicare 4 All. What do voters want? Lower out of pocket costs. ow.ly/SZfM50uLCNt Access to healthcare in rural America, a growing challenge. ow.ly/A9m950uLCNp
Update on repatriated corporate profits. The Tax Cuts and Jobs Act gave corporate America the opportunity to bring foreign profits back to the US at lower tax rates. The dollars are flowing back to the US, but not in the amounts predicted. ow.ly/eWAi50uJVWo