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A tantalizing possibility for tax reform could mean big — and possibly unwelcome — changes for Roth IRA owners.
Commerce Secretary Howard Lutnick recently dangled a tantalizing possibility during an interview with CBS News: No more federal income taxes for people who make less than $150,000 a year. The head of the U.S. Department of Commerce said such a tax overhaul is part of President Donald Trump’s long-term vision for the country. As he told CBS, “That’s his goal, and that’s what I’m working for.”…
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