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DonViejo

(60,536 posts)
Fri Dec 15, 2017, 11:00 AM Dec 2017

The Tax Bill Is a Trillion Dollar Blunder


December 15, 2017 at 8:10 am EST By Taegan Goddard

Michael Bloomberg: “CEOs aren’t waiting on a tax cut to ‘jump-start the economy’ — a favorite phrase of politicians who have never run a company — or to hand out raises. It’s pure fantasy to think that the tax bill will lead to significantly higher wages and growth, as Republicans have promised. Had Congress actually listened to executives, or economists who study these issues carefully, it might have realized that.”

“Instead, Congress did what it always does: It put politics first. After spending the first nine months of the year trying to jam through a repeal of Obamacare without holding hearings, heeding independent analysis or seeking Democratic input, Republicans took the same approach to tax ‘reform’ — and it shows.”

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https://politicalwire.com/2017/12/15/tax-bill-trillion-dollar-blunder/
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The Tax Bill Is a Trillion Dollar Blunder (Original Post) DonViejo Dec 2017 OP
K&R... spanone Dec 2017 #1
More like a Trillion Dollar Plunder better Dec 2017 #2
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