Quote:
Originally Posted by classhandicapper
1. The tax breaks were huge and automatically increased the value of virtually every business in America, especially those with billions of dollars overseas that can now bring it home to invest in the US.
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Good Post CHC.
I agree with everything you said except this one part.
Instead of going to wage increases for the working person - as the Great Orange Leader repeatedly insisted - the tax breaks were largely spent on corporate stock buy-backs of shares, which has inflated the stock market bubble even more.
Those businesses are no more valuable than they were earlier, there are just fewer shares outstanding.
Trump has been a con man all his life and I too am surprised he has made it as far as he has.
But, alas, I don't think the near-term economic future bodes well for anyone.
