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STOCKMAN: Tax plan ‘dead on arrival’ and Wall St. ‘delusional’ for believing it

May 1st, 2017
Categories: News

Link: http://investmentwatchblog.com/stockman-tax-plan-dead-on-arrival-and-wall-st-delusional-for-believing-it/

David Stockman former director of the Office of Management and Budget under President Reagan:“Wall Street is totally misreading Washington,” and President Trump’s promises of tax reform will be “dead before arrival.”Of the proposed tax bill announced this week, he said, “It’s a wonderful fantasy…but there’s no way to pay for the $7.5 trillion cost of the main features.”

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