Analysis

Gaps In Trump-GOP Tax Plan Hint At Loss Of Current Benefits

Law360, New York (October 4, 2017, 9:57 PM EDT) -- The tax plan put forward by the Trump administration and congressional Republicans is not only light on details about how to implement various tax cut proposals, but is also missing key policy goals that the framework's architects had been touting.

Its complete silence on certain issues — such as the favorable tax treatment some investors get and federal deductions for state and local taxes — suggests that lawmakers are likely considering how to limit or eliminate these provisions so they can raise revenue for the significant tax cuts and other costly measures they are proposing.

Michael Greenwald, a partner at Friedman...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!