This video is a simple 10 minute explanation of why Trump’s tax plan won’t work, why reducing corporate taxes doesn’t stimulate job growth, and why our situation today is completely different from the Reagan era from David Stockman, RONALD REAGAN’S BUDGET DIRECTOR as broadcast on the FOX BUSINESS NETWORK.
(…and what should have been done instead.)
Money quote, speaking about Steve Mnuchin & the advocates of the GOP Tax Plan:
“These people are total fakes. I’ve never seen anything that was as content free, as substance-less, as this 9 pager that came out.”
Stockman: Here’s Why Trump’s Tax Plan Won’t Stimulate the Economy Like Reagan’s