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

Yes
No
I have no idea



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1. D Robb
     (11/27/2017 12:58:54 PM)
     Message ID #294293

This message is in response to Thomas C ( message id #294290 )  Back To All Messages

Excuse me, you can cite all the THEORIES you want. I go back to what has happened in the past. Tax cuts have resulted in a short term increase in tax revenues which are well below the cost of the tax cut itself. Tax cuts have ALWAYS resulted in an increase in the deficit which will eventually have to be repaid and which squeezes private lenders out of the loan market.
Try to stick to facts and history. You can find theories for anything, including the existence of alien life, or ghosts, or virgin births, or...

2. Thomas C CEOExpressSelect Member
     (11/27/2017 3:46:08 PM)
     Message ID #294305

This message is in response to D Robb ( message id #294293 )  Back To All Messages

I am just copy and pasting from a letter written 11/25 addressed to the Treasury Secretary, published in today's WSJ

the letter is signed by these people:

Robert J. Barro, Paul M. Warburg Professor of Economics, Harvard University

Michael J. Boskin, Tully M. Friedman Professor of Economics, Stanford University; Chairman of the Council of Economic Advisers under President George H.W. Bush

John Cogan, Leonard and Shirley Ely Senior Fellow, Hoover Institution, Stanford University; Deputy Director of the Office of Management and Budget under President Ronald Reagan

Douglas Holtz-Eakin, President, American Action Forum, former director of the Congressional Budget Office

Glenn Hubbard, Dean and Russell L. Carson Professor of Finance and Economics (Graduate School of Business) and Professor of Economics (Arts and Sciences), Columbia University; Chairman of the Council of Economic Advisers under President George W. Bush

Lawrence B. Lindsey, President and Chief Executive Officer, The Lindsey Group; Director of the National Economic Council under President George W. Bush

Harvey S. Rosen, John L. Weinberg Professor of Economics and Business Policy, Princeton University; Chairman of the Council of Economic Advisers under President George W. Bush

George P. Shultz, Thomas W. and Susan B. Ford Distinguished Fellow, Hoover Institution, Stanford University; Secretary of State under President Ronald Reagan; Secretary of the Treasury under President Richard Nixon

John. B. Taylor, Mary and Robert Raymond Professor of Economics, Stanford University; Undersecretary of the Treasury for International Affairs under President George W. Bush


Please review treasury receipts

3. D Robb
     (11/27/2017 3:59:04 PM)
     Message ID #294308

This message is in response to Thomas C ( message id #294305 )  Back To All Messages

Thomas, why don't you try to think about the issue and honestly defend it? The reason is that the heavily flawed GOP tax reform bill is not defendable. That is why a majority of Americans disapprove of it, and believe it will hurt, not help them. It is clearly designed to enrich the already uber rich.
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