Are Republicans Reconsidering Tax Cuts for the Wealthy?
Are Republicans Reconsidering Tax Cuts for the Wealthy?
While Republicans continue to promise tax cuts for everyone, most media pundits and Democrats claim that those plans will only help the wealthy. That’s an argument that will never end, but could it be possible that Republicans are changing their tune?
There is growing speculation that Republicans might be willing to keep some of the Obamacare taxes in place that directly affect the wealthy. On the surface this looks like Republicans are actually willing to reconsider tax cuts for the wealthy. However, for some this is just a political diversion.
The reason some feel this way is because even if Republicans leave certain Obamacare taxes that take aim at the wealthy in place, they can make up those extra tax cuts when they pass their tax reform bill, which is expected to happen later this year. Republican opponents claim that this plan simply delays the inevitable because it still cuts taxes for the wealthy and reduces health care for the poor.
How will this all play out and exactly how will Republicans move forward with their desire to cut taxes? That is the golden question that the entire country waits to have answered.
We hope you found this article about “Are Republicans Reconsidering Tax Cuts for the Wealthy?” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Add These Historical U.S. Sites to Your Bucket List
Add These Historical U.S. Sites to Your Bucket List Are you a history buff? There are so many places in the country to see if you want to experience some of the things that helped make this country what it is today. Of course, there are many well known sites that would make any history…
How to Build Emotional Intelligence
How to Build Emotional Intelligence IQ vs. EQ and how that affects you Throughout childhood teachers are quick to pick out students who are “high performers” and have a high IQ. With society giving such a larger emphasis on IQ, it is inferred that only those who have a high IQ will be successful financially…
Leadership Through Crucial Conversations
Leadership Through Crucial Conversations Think of a time where you had a difficult conversation with someone, the kind where emotions are strong, and the stakes are high. It could be on a variety of topics: negotiating a raise at work, having to fire an employee, or even how to tell your spouse that you don’t…
The Top Benefits of Floating Therapy
The Top Benefits of Floating Therapy Have you ever felt so good that you “feel like you’re walking on air?” Of course, that’s just an expression, but what if you could get that kind of feeling in a real-world experience? Life is stressful and people are always looking for new ways to catch a breather,…