Comments by "" (@TheDavidlloydjones) on "Roubini Warns of 'Perfect Storm' for U.S. Economy in 2020" video.
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Not true, Frederick. The wee bit of apparent truth in your claim is that business corporations, most of which are small, received the largest cut in nominal top marginal tax rates. Since nominal top marginal rates are paid by almost nobody this is lovely sounding rodomontade, but means almost nothing in dollars and cents.
Its only small virtue is that it's good housekeeping to make your nominal rates reasonably close to the actual rates people pay after all the deductin's done.
What you're presenting here is a very popular line at your Rotary Club and Chamber of Commerce dinners. These are hard-working folks, and they deserve a pat on the back from time to time. Pity you choose to do it with flattering half-truths. If you were a wee bit more responsible you would tell them that Trump is a half-wit robbing and wrecking the joint. It wouldn't make you the hardy-hardy-har hero of the moment. It will build the reputation for sense, perhaps even wisdom, on which the long-term success of your practice depends.
Do you want to be popular now, or do you want to build a professional practice to pass on to your children? Do you want applause now or your name on a firm that will be respected for thought, good judgement and vision a generation from now?
Trumpism will give you the first of these. Thinking it through is harder work, but it gives you a shot at the second.
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