1. tax legislation is at the forefront of current news: the anticipated changes to the tax code are expected to be the largest fundamental changes in a significant period of time. In summary form, please address

A) how long has it been since a change of this magnitude has occurred

b) in broad strokes what are the changes currently being proposed for i) individuals ii) corporations and iii) estate and gift purposes

c) state your opinion as to whether the tax reform will be enacted into legislation in calendar year 2017.