WSJ: The tax cuts will grow the economy by much more than expected

[FakeNews]

Tax cuts are going to grow the economy by much more than expected.

That’s the verdict of the Wall Street Journal‘s prestigious “Heard on the Street” column. Importantly, Heard on the Street is run by the news side of the WSJ, not its tax-cut loving editorial page. So there’s no particular pro-tax cut or pro-Republican bias at work here.

Some of the pro-growth changes include eliminating any delay to the corporate tax cuts, lowering of the top individual rate, lowering rates for most taxpayers, and increasing the child tax credit. The latter is particularly important because middle-class households are “more likely to spend extra income than the rich.”

http://www.breitbart.com/big-govern...-grow-the-economy-by-much-more-than-expected/

 

[Rightguide]

This is the Left's greatest fear, the success of Trump's tax cuts, the demonstration to a new generation what lower taxes can do for their economic well being.

 

[Hypoxia]

Since CFOs said that corporate tax windfalls would be channeled to shareholders and stock buybacks, not into new production or wage hikes; and since most economists of all persuasions said the tax cuts would cause a massive deficit; I can only assume that WSJ's editorial board (separate from their news division) are spinning happy fantasies. Sad but expected.

 

[Rightguide]

Since CFOs said that corporate tax windfalls would be channeled to shareholders and stock buybacks, not into new production or wage hikes; and since most economists of all persuasions said the tax cuts would cause a massive deficit; I can only assume that WSJ's editorial board (separate from their news division) are spinning happy fantasies. Sad but expected.

Even if that were true, what do you think those stockholders are going to do with that money? What do you think those taxpayers who are saving money are going to do with their extra money?

 

[doowdniw]

I see a new yacht on the horizon.

 

[TalkRadio]

Barack Obama snaps photo of Michelle Obama on yacht

I see a new yacht on the horizon.

A new yacht for Obama?

Washington (CNN) — The Obamas are having the time of their post-White House lives.

Former President Barack Obama snapped a photo of former first lady Michelle Obama as she posed on the top deck of a yacht where the couple and celebrity friends spent Friday morning off the island of Mo'orea, in the South Pacific.

http://www.cnn.com/2017/04/17/politics/obama-snaps-photo-of-michelle-yacht/index.html

 

[doowdniw]

A new yacht for Obama?

No, Obama doesn't need a new yacht anymore than Clinton, or the presidents Bush.

 

[phrodeau]

This is the Left's greatest fear, the success of Trump's tax cuts, the demonstration to a new generation what lower taxes can do for their economic well being.

Sure. Inflation.

 

[doowdniw]

http://www.breitbart.com/big-govern...-grow-the-economy-by-much-more-than-expected/

That's just Lafferable.

 

[Hypoxia]

Sure. Inflation.

And the destruction of the social safety net, plunging millions into poverty and misery. Nice job there.