New Tax Proposals

Susan Jung |

You have no doubt read about the contemplated adjustments from the administration regarding tax rates. It’s fair to say that this is a broad sweeping proposal that would certainly impact many Americans. In particular, those with higher income and higher net worth would be subject to changes in tax policy.
In this update, I briefly discuss this issue as well as our perspective on how to react to these various legislative proposals. We still need to watch and wait to see what actually is passed into law. Still, there is clearly momentum to change the tax code. It bears watching. 

We will continue to provide you information and our viewpoint regarding how portfolio strategies might adjust given these proposals. It’s a fluid situation and what finally is passed may not look anything near what is proposed today. We shall see.

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