Deloitte surveyed tax executives and the result is deep pessimism about tax reform happening in 2017 along the lines promised by politicians. The survey, reported by Reuters and picked up by several news agencies begins as follows:
Only a small number of U.S. tax, finance and business professionals expect President Donald Trump’s 15-percent corporate tax rate to become reality as part of tax reform, according to a Deloitte Tax LLP survey released on Tuesday.
The poll of more than 3,100 people offered a glimpse of private-sector expectations about tax reform that are less optimistic than public statements from Trump administration officials and lawmakers.
See full report: Few expect Trump’s 15-percent corporate tax rate: Deloitte survey
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.