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Started By
Message
re: Latest on BAT & Tax Cut (Reform)
Posted on 2/18/17 at 10:39 am to Iowa Golfer
Posted on 2/18/17 at 10:39 am to Iowa Golfer
quote:
I posted them becuase the first article say BAT is gone, and the other two articles don't mention standard deduction or pass through, and these are significant changes if the articles are to be believed.
I wouldn't go off that. Seems like they are trying to fill in the gaps on details between the two camps. Still a moving target as you say. Trump could turn around tomorrow and say he's for the BAT for example.
Eta: also, I am surprised we haven't heard more about interest rate deductibility going away potentially. That would be huge.
This post was edited on 2/18/17 at 10:48 am
1
Posted on 2/18/17 at 11:34 am to Lou Pai
A cap on mortgage interest at 100K? Or eliminating interest on cap ex., and expensing 100% within the first several years?
That's all I've seen. The first wouldn't be a big deal, would it? The second was very misunderstood from what I read.
That's all I've seen. The first wouldn't be a big deal, would it? The second was very misunderstood from what I read.
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