The Traderszone Network

Published in TZ Latest News 24 September, 2017 by The TZ Newswire Staff

Trump Tax Plan Leaked, Includes Tax Cuts For Wealthiest Americans; Morgan Stanley Skeptical

Ahead of the Trump administration’s official disclosure of what its latest tax proposal would look like, overnight Axios leaked some of the more salient highlights, the first being that the tax rate for the wealthiest Americans would be cut to 35% and second, taxes on on big and small businesses would be reduced substantially, with plans to cut the top tax rate for “pass through” businesses from 39.6% to 25% – a move which would impact LLCs and sole-proprietorships.

read more