November 3, 2017
CNBC quoted national Tax Leader Joseph Perry in an article about the hidden tax hike for high net worth taxpayers in the House's Tax Cuts and Jobs Act.
CNBC
By Robert Frank
Excerpt:
“This was a surprise until yesterday’s release,” said Joseph Perry, the tax and business services leader at Marcum, who advises many wealthy families. He added that the provision mirrors a similar feature in the corporate tax code, where firms that make more than $10 million or more pay a rate of 35 percent on their income.
