Trump Administration Outlined the Broad Strokes of the President’s Proposal for Tax Reform
May 1, 2017 – On Wednesday, April 26, 2017, members of the Trump administration outlined the broad strokes of the President's proposal for tax reform in a one-page handout titled “2017 Tax Reform for Economic Growth and American Jobs – The Biggest Individual And Business Tax Cut In American History.” The attached Wealth Planning Pointer reviews the proposed tax reform outline and advises -- though early in the proposed tax reform process -- individuals contemplating estate planning strategies should carefully consider the uncertain legislative landscape.
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