We are all trying to figure out where the bodies lie -- and where the bodies are going. Two, we still have to figure out just how likely the passage of such a plan really is. Obviously, the plan will still evolve as it makes it's way toward, and ultimately through, our legislative bodies. Most professionals are giving this tax plan proposal a rough one-in-three chance of surviving through the process either in tact or close enough to the way the outline now stands. I think that you just have to look at yesterday's sector performance to see who the obvious winners might be. We will dig deeper, but domestically based firms would benefit most from a reduction in the corporate tax rate. As this proposal states, the idea is to get that rate from its current level of 35% down to 20%.
Submitted September 28, 2017 at 08:17AM by gambit270 http://ift.tt/2fU77Jk
