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Five Star Wealth Manager Award Boston Magazine

The Impact of Tax Cuts on Your State Income Taxes and Your Investment Strategy

By: Financial Advisor Tim Hayes - posted in: Investing - Last updated Sep 12, 2019

The big winners from the new congressional tax bill are corporations, which will see their tax rates reduced from 35% to 21% while keeping most of their deductions. However, second but little-talked-about winners are state governments, mainly in those forty or so states that align their tax codes with the federal system.

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