Trump Vows to Leave 401(k)s Alone, but He's Broken a Retirement Promise Before
Ready or not, here comes tax reform.
After being rebuffed at seemingly every turn by members within his own party with regard to healthcare reform, President Trump and lawmakers in Washington have finally turned their undivided attention to reforming the U.S. tax code for individuals and corporations. In September, President Trump laid out a skeleton outline of some of the changes that could be coming. This includes a very important drop in the peak corporate income-tax rate to 20% from 35%, which is expected to put more money in the pockets of businesses to hire and boost wages, as well as a simplification of the individual tax code.
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Source: Fool.com
