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RE: David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge

in #stocks7 years ago

I disagree with him that cutting the corporate tax rate from 35% to 20% won't have any impact on the economy because you're not cutting taxes for the middle class on reducing government spending. If you make US corporation competitive again in the global economy you will see jobs being created and companies spending money in the US.

Totally agree with this, I'm very pro-business, but I do wish it was actually a break for the middle class. It doesn't do much to benefit most of them as it stands.

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