UPDATE - Tax Bill : Media Overview 12/18/17

PENDING TAX BILL:   [12/18/17 Monday]
Here is BLOOMBERG's  overview of the Media Coverage from the following outlets ....

• Republicans promised that their tax overhaul would reduce Americans’ annual tax filings to forms the size of a postcard. By that measure, their legislative efforts have failed, as the labyrinthine tax code remains enormously complex. (NYT)

• The likely hit that residents of high-tax states like New York will take from the tax code change has already caused a slowdown in real estate sales, as companies weigh shifting jobs to lower-cost areas. (WSJ)

• A last-minute change to the tax bill, not included in the previous House or Senate legislation, benefits real estate investors. (Bloomberg)

• The tax overhaul retains incentives for companies to keep their operations in the United States, according to some tax experts — and in some ways has incentives for shifting more operations abroad. (WaPo)

• John McCain of Arizona will miss the tax vote, although that isn’t expected to cause trouble for the Senate G.O.P. leadership.