The elections have come and gone, Trump was the surprise winner of the college vote, edging out Clinton who clearly had the popular vote. The question that many Americans are still pondering about is how the elections will affect them personally.
PR News Wire believed that Business experts such as Brad Reifler had looked into the possibilities that would present themselves when either Trump or Clinton won, and the analysis is as follows.
Taxation at different income levels
Before the elections, the two candidates had promised that they would be looking into the tax code and simplifying it. The suggestion that Clinton had made was to deal with people with an income of more than a million dollars. The length of time one had been earning would also have had an impact on how they are taxed.
However, now that we know for a fact that will not be happening, let us look at what Trump had proposed. The law that seems to be the one that will take effect will be condensing the tax brackets into fewer income levels. He had also pledged that he would reduce the taxation on married people. Learn more about Brad Reifler: http://www.huffingtonpost.com/author/bradreifler-226
The part that had resonated well with many was the suggestion that he would put in place taxation laws that would target the upper middle class.
About Child care
This is the one area where the supporters of both candidates will not be antagonized. Both Trump and Clinton wanted to create a situation where families with little children would get subsidies to manage the cost of caring for their children.
Trump had stated that he would change the entire legislation that governs Estate tax. On the other hand, he wants to increase the amount of money that is made from capital gain taxes and ease the burden of the small scale farmers and small businesses.
About Brad Reifler
Brad Reifler is the CEO at Forefront Capital, a position Brad Reifler has held for the past seven years. He is very famous for his many and successful business ventures. According to Bloomberg, Brad Reifler was previously working as a CEO at Pali, the company that he established after selling yet another of his companies, Refco.