Sunday, December 3, 2017

I support the Republican tax plan



  • 1) My first reason, it mostly passed and is kind of a done deal. We are better off going with it then try a sudden reversal.
  • 2) The corporate tax issue was ill defined, and I give it a 50/50 chance.  It was next to impossible to characterize the plan in an open global economy. Since we done it, we will likely adapt.
  • 3) Obamacare mandate gone.  Fewer government mandates the better.
  • 4) State and local tax deduction, gone.  I didn't like it, but how can the Dems complain, they  say California is just another Hoover.  Now the Magic Walrus delusionists are stuck, they have to do it in the swamp, we are cutting out the large states.
We have limited paths forward, we are bankrupt from California, Illinois, DC and Puerto Rico and Mexico.  There is no one left to bail us out, our best bet is to let the wealthy have their tax dollars and we move on to Sandbox.


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