posted on April 17, 2017 13:21
Quarterly Market Insights - 1st Quarter 2017
With the Republican Party controlling both houses of Congress and the White House, broad-based corporate tax reform is looking like a serious possibility for the first time since the Tax Reform Act of 1986 during the Reagan administration. There are several plans being discussed, but the overall direction appears to be a reduction in the proportion of corporate profits subjected to federal taxes. House Republicans have proposed a 20% maximum corporate tax rate, while the Trump
administration has recommended a 15% top rate.