Categories for Tax and Financial News

  • Winners and Losers of the Tax Bill

    Posted Date March 1, 2019 Posted Time 12:00 pm Published in

    In 2018 when President Trump and the Republican Congress rewrote the tax code, everyone knew there would be winners and losers. Exactly how this will play out is just starting to be seen – it closes loopholes while opening others and takes away some perks while creating new ones. Let’s see who the winners and losers really are by looking at the results of the tax law now and over time. Winners and Losers Will Change Over Time Almost all taxpayers get some type of tax cut; for example, the Tax Policy Center estimates that only about five percent of... View Article

Copyrights @ 2019. James O. Taylor