File 014516
Email: Richard Kahn and Amanda Ens Discuss Post-2016 Election Tax Changes (File 014516)
Email correspondence between Richard Kahn and Amanda Ens regarding anticipated tax law changes following Donald Trump's 2016 presidential election victory, including discussion of potential reforms to the Affordable Care Act and comprehensive tax policy.
Summary
Richard Kahn forwards an email from Amanda Ens at Bank of America Merrill Lynch with a tax alert white paper discussing expected tax changes following Trump's election victory in 2016. The document outlines anticipated changes from both the repeal of ObamaCare and its related taxes and broader tax reform, noting that Republicans' control of both chambers of Congress would enable such changes without bipartisan support. The correspondence includes Ens's analysis of potential tax law modifications and their implications for client planning, with attachments including a detailed tax alert document.
From: Richard KahnSent: 12/15/2016 5:40:04 PMTo: jeffrey E. [jeeyacation@gmail.com]Subject: Fwd: 2016 Election: Tax Changes ExpectedAttachments: image001.png; Untitled attachment 417590.htm; Tax Alert 2016-5.pdf; Untitled attachment 417593.htmImportance: HighRichard KahnHBRK Associates Inc.575 Lexington Avenue 4th FloorNew York, NY 10022tel 212-971-1306fax 646-350-0954cell 917-414-7584Begin forwarded message:From: "Ens, Amanda" <Subject: 2016 Election: Tax Changes ExpectedDate: December 15, 2016 at 9:51:37 AM ESTTo: Richard Kahn <Rich, following up on your question from a while back about this topic. Please find a white paper attached.Regards,AmandaThe election of Donald Trump as President is expected to lead to significant tax law changes. The tax changes may comein two parts: from the repeal of the Affordable Care Act (ObamaCare) and its related taxes and from comprehensive taxreform. Since Republicans will also have majorities in both the House and Senate, such changes could be undertakenwithout bipartisan support. Although it is not yet known exactly what the changes will be or when they would beeffective, we are issuing this Tax Alert to inform you of changes that are anticipated, based on proposals made duringthe campaign by both President-elect Trump and the House Republicans. We also discuss how these changes mayimpact your planning, both currently and in the future.Bank of America Merrill Lynch does not provide tax, accounting, regulatory or legal advice. Please consult youradvisor as to any tax, accounting, regulatory or legal statements made herein.Not a product of Bank of America Merrill Lynch (BofAML) Research and should not be viewed as a research reportAmanda EnsDirectorBank of America Merrill LynchMerrill Lynch, Pierce, Fenner & Smith IncorporatedOne Bryant Park, 5th Floor, New York, NY 10036HOUSE OVERSIGHT 014516The power of global connectionsTmHOUSE OVERSIGHT 014517