« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Goldman On Tax Reform: "Now Comes The Hard Part" 

By: capt_nemo in POPE IV | Recommend this post (3)
Mon, 06 Nov 17 7:23 AM | 67 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 38025 of 47202
Jump:
Jump to board:
Jump to msg. #

There are a number of ways that the effort could run off the rails. First, tax reform is much harder than tax cuts. Second, a few lawmakers have expressed some hesitation regarding the tax legislation itself. Third, there are good arguments against a large net tax cut at the moment, including a high debt-to-GDP ratio, growing fiscal imbalances projected over the coming decade, and an economy with little remaining slack.

http://www.zerohedge.com/news/2017-11-05/goldman-tax-reform-now-comes-hard-part




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




» You can also:
« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next