Fwd: 2016 Election: Tax Changes Expected
Rich, following up on your question from a while back about this topic. Please find a white paper attached.
Regards,
Amanda
The election of Donald Trump as President is expected to lead to significant tax law changes. The tax changes may come in two parts: from the repeal of the Affordable Care Act (ObamaCare) and its related taxes and from comprehensive tax reform. Since Republicans will also have majorities in both the House and Senate, such changes could be undertaken without bipartisan support. Although it is not yet known exactly what the changes will be or when they would be effective, we are issuing this Tax Alert to inform you of changes that are anticipated, based on proposals made during the campaign by both President-elect Trump and the House Republicans. We also discuss how these changes may impact your planning, both currently and in the future.
Bank of America Merrill Lynch does not provide tax, accounting, regulatory or legal advice. Please consult your advisor as to any tax, accounting, regulatory or legal statements made herein.
Not a product of Bank of America Merrill Lynch (BofAML) Research and should not be viewed as a research report
Amanda Ens
Director
Bank of America Merrill Lynch
Merrill Lynch, Pierce, Fenner & Smith Incorporated
One Bryant Park, 5th Floor, New York, NY 10036
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Richard Kahn
HBRK Associates Inc.
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New York, NY 10022
tel 212-971-1306
fax 646-350-0954
cell 917-414-7584
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