10-01-2017, 07:06 PM
(10-01-2017, 06:43 PM)6andcounting Wrote: The market hasn't shown any reaction to the proposals - meaning most of the people and most of the money are not betting on the proposals passing in the foreseeable future.
Another take is the impact (adjusted for the probability of passing) has already been priced in.
Another take is the market has a very different take than what the various partisan media is spamming us with.
Still another take is this will have another very political, but very immaterial, impact on the economy and deficits.
If you honestly believe taxes trickle down (they do), then a "revenue neutral' policy is not pro-growth nor helping anyone...just a shell game.
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