Tax impact of the presidential election

60% of New Jersey’s CPAs are aggitated by even the suggestion of a Trump presidency, according to their data, but Atlantic City law firm Cooper Levenson did the right thing by presenting an unbiased analysis of the fiscal impact of each candidate’s proposals. But after seeing the audience begin to squirm at the possible impact, the presenter mentioned that current oddmakers place the possibility of a Trump presidency at 1:3 odds, or only a 25% probability. I was among the majority who appeared to take comfort.