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I disagree with your propaganda take on this because after i read this i finally understood the tax shelter piece (but maybe i'm naive). I do agree with everyt
by mholmes680 9y ago
I disagree with your propaganda take on this because after i read this i finally understood the tax shelter piece (but maybe i'm naive). I do agree with everything else you said though.
If I couple this with Warren Buffet recently advising that the Dow will go to 1 million in 100 yrs [0], I can read between the lines (as you always need to with Warren) that big money already knows it can keep its big money for a very long time. Getting value consolidated into a) a few really large companies; in b) preferably the US; c) quickly; seems to be the bet.
I also agree that jobs is the target here. Special dividends and buybacks will be the way to extract this money back to the US economy (unless your a foreign rich investor who already sees this and starts pulling money out of oil and into the US - still a win for the US?). And then we get some more case studies in whether trickle-down works or not. If it does, we've created a (more?) solid small business climate, where theoretically more innovation and growth comes in. (?) If it doesn't, well, we'll continue to see the middle class disappear.
At least that's what i think i see, but who knows on timeline and i'm not a finance guy. All I know is that this current tax plan puts about $60/month back in my pocket using my 2016 numbers, so if i invest that $60 into AAPL i'm most likely going to have more than $60*12 at the end of the year.
[0] https://www.google.com/search?q=buffet+dow+10k https://www.google.com/search?q=buffet+dow+10k - and thats 1000000 in points, not dollars... (!)