tax bill

A historic moment happened recently that was one of the defining moments for President Trump, the signing of the tax bill titled: The Tax Cuts and Jobs Act.  The bill was the most significant legislative victory for President Trump.  The Tax Cuts and Jobs Act will raise $4 trillion in revenue to help offset tax cuts by closing the door on dozens of corporate accounting tricks.  Washington isn’t spared either, as Members of Congress will no longer be able to deduct their living expenses.  It provides $5.5 Trillion in tax cuts with a net result in deficit spending of $1.5 trillion which will be added to the national debt. [Read more…] about December Newsletter – Security and Peace of Mind During Uncertain Times