Democrat Jamie Dimon Speaks Out...

[whell]

Originally Posted by Rajoo

Every time a GOP induced tax cuts have passed, the economy has gone into a recession. Why is that? Because it defies gravity and actually seeps up, does not trickle down.

Besides who gets to write the tax reform (an oxymoron) laws anyway?

Originally Posted by finnbow

Effective tax rates for American businesses are far less than the marginal corporate tax rates that compare unfavorably to competitors overseas. So, comparing effective rates with marginal rates here and abroad is a bit of apples and oranges.

That said, tax reform (both personal and corporate) is long overdue. However, today's GOP is pretty much the last group I would trust to do it and do it right.

What do you think a Dem tax reform product would look like?

[finnbow]

Originally Posted by whell

What do you think a Dem tax reform product would look like?

Don't know and it doesn't matter. Tax reform is number two on the GOP agenda once they work their magic on TrumpCare. Hopefully, their tax plan will garner somewhere north of 12% where their Senate health plan currently sits.

[Rajoo]

Originally Posted by whell

What do you think a Dem tax reform product would look like?

A blank sheet of paper?

Here is Trump's for the sake of comparison.

[whell]

Originally Posted by Rajoo

A blank sheet of paper?

Here is Trump's for the sake of comparison.

Trump apparently didn't take into account the Congressional Republican's history of being able to agree on whether the sun is coming up tomorrow, or whether the sky is blue.

[finnbow]

Originally Posted by whell

Trump apparently didn't take into account the Congressional Republican's history of being able to agree on whether the sun is coming up tomorrow, or whether the sky is blue.

Trump also apparently didn't take into account that he has absolutely no idea what he's doing, what policy beliefs he holds and the incompetent clowns he has surrounded himself with. Moreover, his profound incompetence, ignorance and dishonesty have undermined his ability to influence anyone in Congress.

The GOP's agenda is toast before it even gets started and the majority of the nation is thankful for Trump's merciful incompetence and the resulting downward spiral of his administration. Pass the popcorn.