AS IF we need to hear any further “noise” about the debate in Washington, DC regarding tax policy. There is a basic silver lining (or two) to the discussion worth pointing out. First, a quick review of the big-picture elements in the limelight:
- The number and rate of Individual tax payer brackets (15%, 25%, 35%, etc.)
- The corporate tax rate (20%? 35%? pass-through? etc.)
- Individual retirement savings vehicles and allowances (IRAs, 401k, “Roth-i-fication”, etc.)
Might I offer TWO “silver linings” to this prolonged, politically entrenched back-and-forth on tax policy:
