CONTACT   CLIENT PORTAL

FDP Wealth Management

Nov 6, 2017

Tax Reform Comes to Orange County

I had the privilege of attending an intimate meeting with Treasury Secretary Steven Mnuchin and Special Advisor to the President Ivanka Trump this morning.  The small group met in Newport Beach and both Mnuchin and Trump outlined the proposed tax law changes.  Ivanka Trump began the conversation by stating that the core focus of the proposed legislation is job growth and middle class tax reduction.  Secretary Mnuchin outlined the various components of the plan and described how they will stimulate growth and create jobs.  Both Mnuchin and Trump were very straightforward in pointing out that this tax package is not intended to help the wealthy – those earning over $1m per year.  The Senate is scheduled to release their version of tax reform this week and then the real negotiations begin.

BACK TO PROSPERITY PARTNERS BLOG

Reproduction Prohibited without Express Permission. Copyright FDP Wealth Management. All rights reserved. Advisory Services offered through FDP Wealth Management, LLC, a state Registered Investment Adviser and Valmark Advisers, Inc. a SEC Registered Investment Advisor. Securities offered through ValMark Securities, Inc., Member FINRA/SIPC. 130 Springside Drive, Suite 300, Akron, OH 44333-2431 800.765.5201 Prosperity Partners and FDP Wealth Management, LLC are separate entities from ValMark Securities, Inc. and Valmark Advisers, Inc. Prosperity Partners, FDP Wealth Management, LLC, ValMark Securities, Inc., Valmark Advisers Inc., and their representatives do not offer tax advice. You should consult your tax professional regarding your individual circumstances. Indices are unmanaged and cannot be invested directly in. Past performance is not a guarantee of future results.

Indices are unmanaged and do not incur fees, one cannot directly invest in an index. You should consult your tax professional regarding your individual circumstances. This information is provided by Financial Jumble, LLC. Financial Jumble, LLC is a separate entity from ValMark Securities, Inc. and ValMark Advisers, Inc.
BACK TO BLOG

RELATED POSTS

Tariffs On, Tariffs Off, Tariffs Back On (Sort of)

There are times when the economic data is strong, and when considered together, the economic reports surpass expectations. Such cycles run their course, and the economic reports turn softer. That overperform/underperform cycle can repeat itself multiple times during an economic expansion until the economy finally rolls over, and we land in a recession.

READ MORE

A Whiff of Uncertainty

There are times when the economic data is strong, and when considered together, the economic reports surpass expectations. Such cycles run their course, and the economic reports turn softer. That overperform/underperform cycle can repeat itself multiple times during an economic expansion until the economy finally rolls over, and we land in a recession.

READ MORE

Earnings Impress

The U.S. Bureau of Economic Analysis (BEA) reported that Gross Domestic Product (GDP) expanded at an annual pace of 2.8% in Q3, which was down from 3.0% in Q2.

READ MORE

Explaining Away a Hot Inflation Report

The U.S. Bureau of Economic Analysis (BEA) reported that Gross Domestic Product (GDP) expanded at an annual pace of 2.8% in Q3, which was down from 3.0% in Q2.

READ MORE

Tariff Threat in Play

The U.S. Bureau of Economic Analysis (BEA) reported that Gross Domestic Product (GDP) expanded at an annual pace of 2.8% in Q3, which was down from 3.0% in Q2.

READ MORE