https://SelfDirected.org/263 The Big IdeaThe Trump Administration has proposed a series of tax cut objectives which will, as a whole, have tremendously stimulative effect on the economy. But there's one problem: Part of the proposal could hurt your self-directed IRA...Points To PonderThe Trump Administration has provided a list of policy goals which will dramatically reduce personal and corporate tax ratesThe effects of such tax cuts will be very stimulative to the economy, as has been shown repeatedly and undeniably in the pastPart of the proposal is to reduce corporate income tax rates from 35% to 15%Much to the delight of most observers, Trump wants to extend that rate to pass-through entities like LLC's and S-Corporations, which will result in an effective tax cut there as wellHowever, if your own an LLC in your IRA, it could mean that your LLC is obligated to pay 15% tax on its profits, which would defeat the purpose of owning the LLC in an IRAThis is not a certainty and may be worked out as these policy goals are translated into lawYou must stay informed about this issue in case it becomes necessary to reach out to your representatives. Do that by subscribing to this show now.ResourcesTrump's Tax ProposaThis is Episode #263 of Self Directed Investor Talk