Don't panic over tax proposals

03/13/2014 | Financial Advisor online

That's the advice given by Mitch Drossman, national director of wealth planning strategies at U.S. Trust, about President Barack Obama's budget proposal and the tax overhaul plan of House Ways and Means Committee Chairman Dave Camp, R-Mich. Drossman says it's unlikely anything significant will happen and that financial advisers should keep clients from "walking off the edge of a cliff."

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