Washington (May 2, 2002) -- Opposition to sales tax on financial services, elimination of income limits on IRAs, and simplification of tax and pension laws top the priority list for financial planners, according to a member survey by the Financial Planning Association.
Support for uniform investment adviser licensing and regulation and support for individual alternative minimum tax relief ranked fourth, while support for licensing of individuals as investment advisers who hold themselves out as financial planners and support of a charitable tax deduction/credit ranked fifth on planners' priority list, according to survey results.
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