Quote:
Originally Posted by Jeff P
re: The tax bill --
Found an article on The Motley Fool site that goes on to say the Senate version of the Fed Tax Bill contains a FIFO provision that would negatively impact individual investors.
Motley Fool Staff Dec 14, 2017 at 11:17AM
Our Take: The New Tax Bill Is Bad for Individual Investors. Act Now to Help:
https://www.fool.com/investing/2017/...vidual-in.aspx
-jp
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FIFO is out of the final bill. Multiple reports on this.
Looking forward to seeing the actual bill come out of the conference although there are now reports that Marco Rubio and Mike Lee could oppose it. With Corker already opposed that would kill it.
Most are treating this as a done deal. The Senate is going to be the narrow gate. I’m sure they want to get this done before Jones is seated. Apparently, Pence has delayed an Israel trip to be available for the final vote.
Should be interesting.
