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With the recent political turnover in the Whitehouse subsequent 8 years of the Obama administration, it would be reasonable to expect companies to have concerns about the political landscape, the economy and market volatility, and policy and regulatory uncertainties.
On December 19, 2017, the Senate voted to approve the Tax Bill and, on December 20, 2017, the House also voted to approve it, which lead to President Trump signing into law the Tax Cuts and Jobs Act on Friday, December 22, 2017.