While most advisors appreciated the overall upbeat note of President Obama’s State of the Union address, representatives from all channels expressed deep concern about the direction, details and ability of the President to put his plans in motion.
Janice Henderson, an independent advisor at Law & Associates, a Washington, D.C., planning firm, zeroed in on taxes. “Taxes impact my clients the most, and there was some talk of that in the speech,” she says. “But the devil’s in the details and we don’t know what’s going to be in the actual proposal.”
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