Month: September 2017


September

2017

Stock Market and Tax Cuts

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

Potential Tax Reform Framework

Republican lawmakers released a framework for tax reform on Wednesday, announcing that their goals are to cut tax rates, simplify the Internal Revenue Code, and provide a more competitive environment for business. The framework generally reiterates proposals made by President Donald Trump in April. 09.28.17

Equifax Hacked

Hackers used a website vulnerability to breach credit-reporting firm Equifax Inc. EFX, -13.32% possibly accessing personal data from up to two-thirds of the adult population of the U.S., the company disclosed late Thursday. 09.08.17