Will the Wealthy Benefit From Trump’s New Tax Plan?

Trump's Tax Plan

Trump will have a cooperative GOP house and senate and it is likely that overall tax rates for the wealthy will be heading lower starting in 2017. Therefore, now is the time to begin your tax planning. That means it’s time to put the campaign and the election behind us and start thinking about the future. A Trump presidency means a lot of different things to a lot of different people, but one of the biggest topics throughout the election process was how Trump’s tax plan would affect the country. That has been an ongoing debate and it will surely continue to be a hot topic in the coming weeks and months before he takes control of the Oval Office in January. It’s certainly been a well-covered theme here at GROCO over the past several months. So how will Trump’s tax plan affect the country, especially the wealthy?

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