Apr 20 2018
Opinions on Lowering Taxes
Lowering taxes like lowering rent is good for profits, thus expansion hopefully in hiring. But the downside is bigger annual debt adding to long term deficit (now $20 trillion), resulting in government as a borrower facing rising interest to get funds, causing real estate developers and other borrowers to pay higher interest, reducing profits or hurting deals.
We’ll see.
Peter Dwares