Donna Francis, publisher at Creative Books, also noted the potentially far -
reaching effects of the tax.
Not exact matches
To
reach that compromise, lawmakers agreed that, on midnight
of Dec. 31, a series
of tax increases and spending cuts would automatically take
effect.
Together with the stimulative
effects of tax cuts and more government spending, the most likely outlook remains a robust one, with growth still
reaching 2.8 % for 2018 and 3.0 % in 2019.
That refers to a series
of automatic
tax hikes and spending cuts that would take
effect on Jan. 1 if Congress fails to
reach agreement on a series
of expiring provisions.
Roger Young, a senior financial planner at T. Rowe Price, says, «The U.S.
tax reform measure could have wide -
reaching effects on financial planning decisions for millions
of Americans in 2018.
The government's present approach is leading families and their advisers to
reach hasty
tax - led decisions in the run up to April 2008 — when many
of the advisers already have their work cut out in giving
effect to the re-organisations triggered by the Finance Act 2006 changes referred to at the beginning
of this article!