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Here are five waysTrumps plan to eliminate income taxes could impact your salary.
So, they would not get a long-term benefit in general.
Enhanced Benefit Packages
Some companies could choose to restructure salary offers or renegotiate existing compensation packages.
Employers would have maximum flexibility and creativity in the entire compensation arena, Miller said.
Higher paying jobs would be especially impacted, but even lower wage situations could be improved significantly.
Ripple Effects
President Trump isnt the only politician pushing for tax cuts.
According to data from theTax Foundation, 45 states and Washington, D.C. collect sales taxes.
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