What Investors Are Planning in Response to New Tax Law

According to the survey conducted by TD Ameritrade Holding (AMTD), investors have mixed views on the possible impacts of the Tax Cuts and Jobs Act. Of all the investors covered, 41% believe the law could have a positive impact on the economy, while 35% are expecting an unfavorable impact. Irrespective of the level of income or investments made, the survey showed that many people expect the tax changes to favorably impact wealthier people more.