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The non negotiable aspect is always one that ruffles the other side, lets see where that goes. The trouble is with the whole filter down approach is it never does just like QE just bailed out bankers, paid for bigger bonuses and stock buybacks to inflate stocks even further so they can get bigger bonuses. Now these are the same people we want to filter or trickle down?
If this tax reform goes through
watch the outflows of cash from Canada (and the rest of the world)
which would create inflation in America
which would trigger interest rate hike spikes[quote=”Assistanc3″ post=1902]If this tax reform goes through
watch the outflows of cash from Canada (and the rest of the world)
which would create inflation in America
which would trigger interest rate hike spikes[/quote]I guess the Fed would be happy 🙂
Mnuchin speaking to CNBC 12 Oct
Confident tax reform is going to get done
Corker has been enormously helpful in this process
Tax reform is about a middle-income tax cut
Trump wants a 20% corp tax rate
We can’t have federal government subsidizing taxes
Tax plan is about making US business competitiveTax Reform sees Gary Cohn drop as Fed Chair
According to sources Gary Cohn is too involved with tax reform to be considered.
So down to 4 :
Jerome Powell
Kevin Warsh
John Taylor
Janet YellenIt won’t be possible to back-date tax cuts to start of 2017 – Cohn
Cohn – Trump won’t agree to a 22% corporate tax rate
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