Whether you like him or not, Donald Trump is now the Presidential Elect. Here are the top ten reasons why I believe Donald Trump will be good for the economy: (in no particular order)
1) the estate tax exemption will remain at $5.45M per individual and may get repealed completely
2) no new $1m rich persons tax bracket as proposed by Hilary, and lower individual income tax rates across the board at all levels 12%, 25%, and 33%
3) repatriation of corporate profits offshore for a one time tax rate of 10%
4) cap gains rates will remain the same
5) net investment tax of 3.8% repealed
6) corporate tax rates will drop from 35% to 15%
7) above the line deduction for kids under 13 and a dependent care savings accounts
8) eliminate AMT on businesses and individuals
9) spending rebates on childcare expenses for lower income households
10) less regulation of everything