Tackling Taxes
President-elect Trump made many tax cut promises on the campaign trail, from social security taxes to no tax on tipped income or overtime pay and reducing corporate income taxes. Meanwhile, it is a must-pass year for key parts of Trump’s 2017 Tax Cuts and Jobs Act, with failure to act resulting in across-the-board tax increases on individual taxpayers and automatic increases in some business taxes. We’ll discuss the likelihood of various scenarios and the implications for investors.