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Do you think that the Trump Tax plan will help the middle class?

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No
I have no idea



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1. D Robb
     (11/21/2017 6:49:36 PM)
     Message ID #294087

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Business people are less enthusiastic about the GOP tax plan than GOP members. “I can’t see this is the moment when you want the most fiscal stimulus in the market, when we’re kind of mostly at full employment, when GDP last registered at 3 percent,” Goldman Sachs chief executive Lloyd Blankfein said in a Bloomberg News interview this month. The United States can afford some deficit spending now, he added, “but not so much of it that we make inflation inevitable down the road.”
In a research note Friday, Bank of America economists said the tax proposals would supply a “fiscal sugar high.” The House and Senate bills would add about 0.3 to 0.4 percent to economic growth next year and in 2019, the economists said. But the federal government’s additional borrowing could lead the Fed to raise interest rates.


https://www.washingtonpost.com/news/powerpost/paloma/the-finance-202/2017/11/21/the-finance-202-wall-street-to-washington-tax-cuts-are-sugar-high-that-don-t-promote-long-term-growth/5a1330d830fb045a2e0032b2
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