TWOFER: Tax and Health Care Cuts

Trump has two top legislative priorities: “Tax Reform” and “Repeal the ACA”. Today, they intersected: his “Tax Reform” plan cuts exactly one tax from the ACA – the 3.8% Medicare tax on Net Investment Income for high-income taxpayers. It has long been a badly-kept secret that the driving force behind “repeal the ACA” has been…

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Promises made, Promises broken

Uncertainty damages business … and people too. Too bad about the student loan forgiveness plan. I remember (in 2012) when the Bush tax cuts of 2003 were scheduled to expire. Republicans raised a hue and cry about the “uncertainty” that this cast upon our economy. Businesses didn’t know how to plan – should they expect…

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