Is Trump’s ‘Revenge Tax’ About to Shake Your US Investments—And How to Outsmart the Storm Before It Hits?
I’d sign up to all of that.
But pre-emptively moving now to down-weight the US in our portfolios solely on the basis of Section 899 looks premature to me.
For a start the US is likely to remain one of the most dynamic markets in the world and trying to guess what will happen next is a fools’ errand. Perhaps now more than ever.
Secondly, there’s a great way to get around Section 899 – SHOULD IT HAPPEN. (Sorry about the all-caps, just channelling my inner Trump there.)
The work around
There are #reasons to think you won’t have to face the revenge tax even if the bill passes.
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