Tax Cuts: Smells Like Victory (For Some more than Others)
We answer clients’ questions about winners and losers under the Tax Cuts and Jobs Act.
We answer clients’ questions about winners and losers under the Tax Cuts and Jobs Act.
Donald Luskin, chief investment officer for Trend Macrolytics, said that Republican Roy Moore’s loss in Alabama will be a big incentive for Republican leaders to “drive the negotiations to a conclusion.”
“It makes more urgent the need for the GOP to exploit its 2018 electoral map advantage in the Senate — tax cuts are the perfect trophy to bring the voters, now without the stench of Moore’s sexual misconduct scandals," he wrote in an analysis for investors Tuesday night.
The GOP loss creates the deadline that this endless negotiation always needed.
So we were wrong about her: the super-dove who hiked five times and ended QE.