Top Tech Issues to Watch With Trump
Top Tech Issues to Watch With Trump
Now that Donald Trump is set to become the nation’s 45th president, there is a lot of talk about his proposed tax policies and how they will affect taxpayers from all walks of life. Taxes are of course a huge issue so it makes sense that they are currently receiving so much attention. However, there are several other important sectors and issues that could be affected positively or negatively by Trump’s presidential plan.
One such industry that is likely watching the Trump presidency closely is the tech industry, and not just because of taxes. There are several factors that will directly or indirectly affect the top tech companies.
Clean Energy – Trump has expressed doubt about global warming and he apparently does not see much value in climate-change spending. This could mean he will eventually scrap government incentives for companies that use alternative energy methods.
Immigration – One of the biggest issues that voters had with Trump was his stance on immigration. If he follows through with his proposed deportation efforts this could affect many of the big companies’ hiring practices, since employees with H-1B visas are so common in Silicon Valley.
Trade – Trump has strongly opposed the Trans-Pacific Partnership, which the tech industry has strongly endorsed. In fact, trump has talked tough against trade in general. If he follows through with his threats it could have major impacts on tech companies doing trade with foreign countries.
Manufacturing – Trump has stated his preference for bringing manufacturing jobs back to the U.S. It will be interesting to watch which policies, if any, he can employ to either force or encourage tech companies to bring these jobs back to America.
http://www.siliconbeat.com/2016/11/09/five-tech-issues-watch-donald-trump-presidency/
We hope you found this article about “Top Tech Issues to Watch With Trump” 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.
So Just How Did Those Scammers Break Into the IRS Website?
In early June, the IRS announced to the public that it had allowed thieves to steal the private information of thousands of taxpayers. According to those reports, the thieves accessed the information through the IRS’s online “Get Transcript” website and then used it to file fraudulent tax returns to the tune of about $50…
House Pushes Through Internet Tax Ban Bill but Will Senate Agree?
Everyone loves the Internet and most people couldn’t live without it. There are a lot of great things about the Internet; with one of those things being that fact that there are no state and local taxes to use it. Over the years, they have been many arguments back and forth as to whether or…
Which Is Higher, Your Food Bill or Your Tax Bill?
How high is your tax bill? Would you say you spend more on taxes than you do on food? What about clothing and shelter; do you spend more on them than you do on your taxes? The answer might surprise you. That’s because in actuality you probably spend more on your taxes every year than…