Trump is really just pushing a tax cut that wouldn’t fix our infrastructure needs.
Good job numbers and other economic indicators, like nice Thanksgiving sales, and the prospect of tax cuts ahead are propelling the market into a Santa Claus rally. Here are the rally's inner workings revealed.
PIMCO’s Total Return Fund (PTTAX) lost its standing as the largest actively managed bond fund in the world to the Metropolitan West Total Return Bond Fund (MWTIX). — Matt Wirz and Justin Baer, WSJ Getty Images Donald Trump’s tax cuts could add 11% to Berkshire Hathaway’s (BRK.A/BRK.B) book value. — Andrew Bary, Barron’s Janus Capital’s […]
Paul Ryan is exactly who we thought he was.
Tax cuts and hedgie cabinet appointments apparently the way to Singer's heart.
The man behind Ronald Reagan’s tax cuts says Donald Trump's tax policy will lead to economic 'nirvana' in the US https://t.co/pEZnJUQfbV — Financial Times (@FT) December 7, 2016 Sure, the caption claims that’s Arthur Laffer, of the infamous Laffer curve, but look at that demented grin! Also the guy behind Sam Brownback. And look what […]
Without offsetting spending cuts that President-elect Trump has yet to describe, his plan offers a giant tax cut that the US can’t readily afford. Would it be worth it?
The advocates of tax cuts claim that cutting taxes puts more money in taxpayers’ pockets. Not only do tax cuts not benefit the economy if they are not appropriately distributed, as we saw fifteen years ago and are going to see again,...Show More Summary
David Leonhardt: Team Trump’s New Pledge on Tax Cuts:...Last week..., Steven Mnuchin said something unexpected on CNBC in his first interview after becoming Donald Trump’s choice for Treasury secretary. A friendly host invited Mnuchin to respond to the liberal...
There is something very important to understand about Trumponomics. To wit, all of the tax cuts and deregulation in the world are not going revitalize the American economy unless the Fed's Bubble Finance regime and the resulting casinos...Show More Summary
Tax cuts for the rich? Of course not! Why would you even say that?
Trump tax plan would give Berkshire Hathaway a $29B tax cut, hoping Warren's kid Jimmy gets some.
According to Wall Street Journal writer Laura Saunders, future Treasury Secretary Mnuchin must be wrong because Tax Policy Center experts say so. Actually, Mr. Mnuchin may be partly right, but the experts are almost entirely wrong. “Steven Mnuchin, the likely next Treasury secretary, this week said rich U.S. Show More Summary
Submitted by Lance Roberts via RealInvestmentAdvice.com, In this past weekend’s missive, I stated: “Following the election, the market has surged around the theme of ‘Trumponomics’ as a ‘New Hope’ as tax cuts and infrastructure spending...Show More Summary
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Nothing about President-elect Donald Trump's first year in office matters more to Wall Street than corporate tax cuts, according to David Bianco, the chief US equity strategist at Deutsche Bank. "There are many proposals floating around...Show More Summary
One of the consequences of repealing Oamacare would be a windfall for the rich. “More than 20 million Americans could lose health insurance from the repeal of Obamacare. But not everybody would suffer. And among those who stand to gain are the richest people in America,” the Huffington Post reports. “That’s because Obamacare didn’t just [...]
“More than 20 million Americans could lose health insurance from the repeal of Obamacare. But not everybody would suffer. And among those who stand to gain are the richest people in America,” the Huffington Post reports. “That’s because Obamacare didn’t [...]
More than 20 million Americans could lose health insurance from the repeal of Obamacare. But not everybody would suffer. And among those who stand to gain are the richest people in America. That’s because Obamacare didn’t just change insurance arrangements. Show More Summary
Donald Trump. (Gage Skidmore / (CC BY-SA 2.0)) Donald Trump took credit for persuading the air conditioner manufacturer Carrier Corp. to keep more than 1,000 jobs in the U.S. But he effectively gave the company a tax cut for sending...Show More Summary