4. Tax reform still faces an uphill fight. While Republicans touted tax reform throughout the month of August, and President Trump will hit the road again on Wednesday to push that effort, I still have to keep pointing out one thing – there is no GOP tax reform bill yet. Yes, the White House and Congressional leaders have been working on a plan – we've seen some leaks, like the idea of no longer making 401(k) contributions tax free – but we still don't have a bill, with all of the many important details from Republicans. Other ideas getting trial balloons include limiting the home mortgage interest deduction, and possibly doing away with the write off for state and local taxes, which would hit a lot of urban Blue States hard on the East Coast (and which didn't really vote for Trump). The details matter in something like this. We can all say we are for "tax reform" – but those two words mean a lot of different things to people, once you start making the choices. There are real winners and real losers.