After a huge tax cut for the wealthiest veiled as Trumpcare failed again in late September the Republicans, aided by President Trump, immediately shifted their focus to what they call tax reform. Both were smokescreens for a tax cut. Trumpcare had little to do with health care and despite rhetoric to the contrary, Trump’s tax reform proposal has little to do with benefiting the middle class and everything to do with providing a return on investment to Republican financiers. Today I’d like to focus on just one of many fallacies in the “package”. Let’s explore. Continue reading The Corporate Tax Cut
Desperately seeking something to claim as a victory before the 100 day mark, last week the Trump administration unveiled what it titled the, “2017 Tax Reform for Economic Growth and American Jobs,” subtitled: “The Biggest Individual And Business Tax Cut In American History”. It was so amateurish that it was laughable. It was literally a one pager with several bullet points. Decades ago had I submitted something like that in management school I would have been laughed out of the class as the instructor balled up the paper and threw it back in my face. This is the product of what Trump promised us would be only the best and the brightest that he would surround himself with? Continue reading This Is The Work Of The Best And The Brightest?
I’m afraid that Wednesday will be typical of what the future holds during a Trump administration: more bad news per day than I can possibly cover in one article. I am choosing to concentrate on the nomination of Steven Mnuchin to be the Secretary of the Treasury. Let’s explore. Continue reading Another Day; Another Crook
The big political story of the weekend was the New York Times article revealing a small part of Donald Trump’s 1995 tax returns. That coupled with a comment he made during his debate with Hillary Clinton puts many things into a new perspective. Let’s explore. Continue reading I Guess That Means I’m Stupid