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What Will A Trump Presidency Mean For US Tax?

Source: tax-news.com - Nov 29, 2016

United States president-elect Donald Trump has promised more than USD4 trillion in tax cuts, and with the White House and Congress expected to be on the same page on the issue of tax for the first time in six years, the chances of comprehensive reform of the US tax code have improved considerably.

This feature looks at the tax proposals already put forward by the key players in any future tax reform legislation.

Trump's Tax Plan

Although best described as an outline of his ambitions on tax, rather than a comprehensive plan, it is clear that, like many Republicans in Congress, Trump is aiming for lower and simpler taxes for both individuals and businesses.

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Category: General Business