Jamie Wienckowski
Real Estate Analysis
February 22, 2017
President Trump and His Tax Plan
Under President Donald Trump, there is going to be a lot of change to the
economy including the real estate market. The real estate market has the possibility to
be heavily changed regarding President Trump’s tax plan.
According to Fox Business, the new President-Elect’s administration could begin
the “largest tax change since Reagan.” The possible steps in the President’s plan would
have three tax brackets instead of seven, the standard tax deduction would increase,
and capping itemized deductions. Taxpayers may look at these steps and believe that
these are positive steps for the economy, but they could have a wrongful effect on the