After several months of buildup, the Trump’s tax reform was finally unveiled on September 27. To better understand the potential implications for investors, Curt Overway, CFA from Natixis Global AM offers insight on what the tax reform proposal means for investors’ portfolios. A few observations can be made.
Trump tax reform
Late yesterday, Donald Trump outlined his plans for the overhaul of the US tax system in a speech in Indianapolis. The aim is to cut taxes by $1.5 trillion over 1o years, as well as simply the system.
Donald Trump has launched a nation-wide campaign in an attempt to salvage his tax reform plans. And time is running out for Congress. After deciding to totally amend the bill, it is proving to be incapable of reaching a minimum consensus on its shape and content.