3 ms·
No this will apply to the 2018 tax year so 2017 is going to be under the existing tax structure. Thank god, because otherwise mass craziness would have broken o
by awinder 9y ago
No this will apply to the 2018 tax year so 2017 is going to be under the existing tax structure. Thank god, because otherwise mass craziness would have broken out from people setting up withholdings under a false tax structure.
I agree with this being geared towards rentier class but those markets are also likely to see upset in pricing due to loss of tax savings. So at the end of the day we might all be at a loss — except for people who make out on the estate tax and corp tax rate drops. Aka rich people and corporations.