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A tax proposal was unveiled on Wednesdayand we believe it will be hard to pass since Congress is at an impasse and the Republicans have struggled to repeal Obama Care.  We do believe that some of the tax reform will go through, eventually, but it will be much different from the current proposal.  Our advice is to sit back and wait for this to be discussed further in Congress and not to base investment decisions on this tax proposal until the final bill is passed.   

A.T. Kohout 09.29.17