Mon, 29 January 2018
Governor Andy Cuomo has stated his intention to sue the federal government because the tax bill is unfair to high income New Yorkers and other high tax states. It's a losing argument and fails to address these high tax states' abusive, exploitative tax, regulatory and governmental inefficiencies. These states need to look no further than themselves to discover the nature of the problem they face. |
Mon, 29 January 2018
John believes that when taking rising personal debt into consideration, the economy barely grew in Q4 of 2017. The savings rate has plunged to near record levels under Trump. The tax cut is also inflationary, interests rates are heading up and the Fed claims to be shrinking its balance sheet. And the dollar is sinking like a stone. If true, there could be major economic trouble ahead. |
Mon, 29 January 2018
Michael Stumo was impressed by Trump's performance at Davos. He was also favorably disposed towards Commerce Secretary Wilbur Ross's statements about US trade policy. And then right afterwards, tariffs were increased on Chinese solar panels and Korean washing machines. It appears that we finally have a president who is walking the walk on trade. |