Silver Lining to Tax Policy Debate

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:  

GOP Tax Plan

Continue reading “Silver Lining to Tax Policy Debate”