Not trying to bring a political discussion here, but I found out yesterday that Trump plans to Tax Life insurance cash values. Was wondering if y'all took this into consideration. It could have a big effect on the Whole Life, IUL industry
From his Website:
"Reducing or eliminating deductions and loopholes available to the very rich, starting by steepening the curve of the Personal Exemption Phaseout and the Pease Limitation on itemized deductions. The Trump plan also phases out the tax exemption on life insurance interest for high-income earners, ends the current tax treatment of
Source of insurance-forums.net
From his Website:
"Reducing or eliminating deductions and loopholes available to the very rich, starting by steepening the curve of the Personal Exemption Phaseout and the Pease Limitation on itemized deductions. The Trump plan also phases out the tax exemption on life insurance interest for high-income earners, ends the current tax treatment of
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