All Posts Tagged: taxes

U.S. Outlook: Trump tax plan grabbing headlines

Scott Anderson
Chief Economist

This week top Trump officials and congressional Republican leaders released a nine-page framework on tax reform on which they agree.

Capitol building, mostly the dome, in morning sunlight.There are still too many unknowns to get a clear read on winners and losers, or how much of negative impact the tax cut package is likely to have on the federal debt.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Sept. 29.

Key observations:

  • Under the current plan most wealthy households and nearly all U.S. businesses — small and large — will see substantial tax cuts.
  • Businesses will also be able to write off their investments right away instead of incrementally over several years.
  • The plan also calls for reducing the numbers of personal income tax brackets from seven to three, with three tax rates of 12%, 25%, and 35%.
  • Can we boost the U.S. economy’s growth rate enough to pay for the tax cut? Not likely.

 

Click here to read my full report. 

 

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Investment Insights: Nothing is certain but death and taxes

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Interior shot of the Capitol with an ominous view down the staircase.

The threat of turnover may also apply to Congress as approval ratings plummet and key issues like healthcare and tax reform linger with lawmakers in gridlock.

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U.S. Outlook: Intrigue hijacks the policy agenda; risk on the rise

Scott Anderson
Chief Economist
Graph showing rise of President Trump

Beyond this quarter, the economic and policy outlooks are becoming cloudy again.

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Investment Insights: Keeping a close eye

Wade Balliet
Posted by Wade Balliet
Investment Strategy
close up on business section of a tax form

Increases in lending rates may cause some downside pressure, but corporations could soon benefit from new laws.

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Assessing whether you can afford to buy a home

Victor Polich
Mortgage Banking
Two men looking at tablet, also near a laptop, assessing a financial question.

Good budgeting can help you enjoy your new home, rather than sit there worrying about how you’ll pay for it all.

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