Financial News Aggregator and a little more!

Trump, GOP tax plan: Biggest US investment firms have a major problem - Business Insider

America's biggest investment managers aren't thrilled with the GOP tax bill.Under a little-publicized provision of the bill, clients would be forced to sell their oldest shares first when cashing out of positions, according to a report from Laura Saunders of the Wall Street Journal. That would reduce flexibility in terms of minimizing taxes, something that investment firms fear could end up costing clients loads of money.

Source: Trump, GOP tax plan: Biggest US investment firms have a major problem - Business Insider

4,179Responses


  1. Fatal error: Maximum execution time of 30 seconds exceeded in /home/content/89/6294689/html/wp-content/themes/accumulo/lib/functions/bm_utilities.php on line 780