> The estate tax and the alternative minimum tax, which Mr. Trump has railed against for years, would be repealed under his plan.
The AMT is one of the largest issues for people calling their stock options on non liquid companies.
> Mr. Mnuchin offered few specifics about the blueprint, other than confirming that its centerpiece will be a 15 percent business tax rate
This is also very interesting, and I think, its the core of Trump's tax plan. Instead of giving corporations a tax holiday to bring back offshore money, just lower the tax rate to create a permanent tax holiday.
If the numbers are to be believed ( 250 Billion for Apple alone) then this could add alot of money to the US economy over the next few years. Look for a wave of US company to US company acquisitions to spring up if this comes to fruition.
Event driven hedge funds are going to have a bonanza with this!
It might even be enough to make the economy jump going into the next election cycle.