Broker Check

Donald Trump

| November 09, 2016
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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1) the estate tax exemption will remain at $5.45M per individual and may get repealed completely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5) net investment tax of 3.8% repealed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

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