Posted on 01/30/2017 5:39:31 PM PST by RoosterRedux
In one week, Trump has done more than Obama did in an entire term.
If anyone--read, the market--believes that he will wait until 2018 before amending the tax system, he doesn't understand Trump.
Trump is a revolutionary.
If you are an investor...today is a buying opportunity.
Be careful...but buy.
Ping
President Trump = President About Damn Time.
The biggest downward pressure on today's market was not the protests re: immigration, it was the rumor that tax reform would be held over until 2018.
This is baloney.
Trump has finished his first week and already the market (and market snowflakes) are demanding tax reform ASAP.
It will come shortly.
Chill.
This was a rumor passed around on Fox Business News today by Neal Cavuto and Stewart Varney. They succeeded in driving down the Dow. Maybe they wanted to buy cheaper shares.
Smart investors know better.
BTW, I think it is Neil...not Neal.
My mistake
I was praying for Donald Trump to become president. One reason is because of his promise to lower taxes. I have a nest egg in a deferred compensation plan, and must begin withdrawals at 70-1/2 and get taxed at the current rate. Hillary was going to raise taxes. But President Trump will lower taxes. Just in time, when I begin taking forced withdrawals that will bump up my income and make my tax payments higher. I believe that tax changes will be enacted for the 2018 tax year. Would be hard to believe that President Trump can enact it for this 2017 tax year, because of all the existing rules such as estimated tax payments and withholding, but who knows what will happen.
At best Trump needs to use the bully pulpit and also list the companies and businesses that are ready to invest in jobs if tax reform and regulation reform are passed. Tighten the screws on Republicans in Congress that people in their states are looking for good jobs and they are blocking it by playing games. IMO he needs to just focus on jobs right now through those two bill proposals not because the other stuff is controversial but because the main part of MAGA is job creation that was lost and if those things are passed then the jobs will come and if the jobs come then he can do more of the other stuff because everyone is happy
No you don’t understand, the Republicans in Congress doesn’t want to even deal with the tax cuts bill until next year. They want to put it off till 2018. I don’t know what they want to do this year in Congress other then maybe finally getting rid of Obamacare but that’s when dicey issue right now
I believe that surgery changes a persons personality...my husband had a quad by pass in Feb. 1990 and he is a totally different man than he was before...
Good?....sometimes
Bad ....sometimes...just not the same person...
Google “pump head syndrome”.
Trump can convene an emergency session of congress that doesn't end until they come up with a new tax plan. Trump can probably have his administration write the bill and have one of their conservative friends introduce it.
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