Political Crossfire Forums

I doubt they'll pass anything significant at all. These guys are terrible at governing.

IDK why they are reporting the stock market is reacting to this news (other than to cause fear) because no in in their right mind has valued a company's stock higher because they really think the 20% rate is going to go through.

Probably because it indicates the GOP can't even agree on a feasiblke plan internally much less expose it to public scrutiny and the legislative process, which does not bode well for Donald dealmakers yuge reform.

Yeah I think that's right. Their messaging is shit right now, Donald is throwing bombs on everything, and tax reform in general is a huge undertaking. Market is reacting to GOP unable to do anything at all. Also...I bet there actually is a lot of speculative investment in companies that people expect to benefit a lot from the "tax reform."

When all is said and done, the rich still rich, the poor still poor.

I think that'd have knock on effects on the lower classes as well. Upper middle class employs gardeners, goes out, spends money, etc.

But corporations will douse the country in jobs.