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On Thursday the Senate passed a budget blueprint, a move that is being seen as raising the likelihood of tax cuts.
With the tabs from their springtime spending coming due, consumers are also under pressure from a stagnant labor market, the likelihood of tax hikes and a scarcity of credit, writes Citigroup analyst Deborah Weinswig in a note Tuesday.
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With our client, it made sense to switch individual stocks and buy-and-hold equity funds to a taxable account, because his long-term investment strategy meant fewer taxable events and a higher likelihood of tax-advantaged long-term gains.
That is a good plan, simplifying the tax code for most people, minimizing the transition costs on the real estate sector, and increasing the likelihood of getting tax reform passed.
The election of Donald Trump in November has substantially increased the likelihood of major tax reform in the near future.
M&A vastly accelerated in the fourth quarter of 2017, as confidence increased in the likelihood of U.S. tax and regulatory reform.
For example, on Dec. 2, 1992, The New York Times reported that senior executives of Disney sold $200 million in stock, citing "the strong likelihood of impending tax legislation" for their actions.
Even their spin on the pending compromise seeks to minimize the likelihood of a tax hike.
The man at the bar began to tick off reasons that a guy in his line of work might not greet a second Obama Administration with enthusiasm: for starters, there was the likelihood of higher taxes, greater regulation, and fiscal-cliff procrastination, and therefore of less money, in the short run, and economic Armageddon, in the long run.
One is that the likelihood of rising taxes is much greater now than it was before the recession-crash-election.
Natives suffered a 3 percentage point reduction in their ownership likelihood of individual tax-deferred retirement savings accounts (IRAs/Keogh-type accounts).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com