The Real Side - Senate and House Headed to Conference Over Tax Bill
Show Notes:
David appears @ 138:05
- David touches on the roots of Thanksgiving as a holiday in the United States.
- While the House passed the Tax Plan, the Senate and House need to conference to reconcile their differences.
- As it stands, it will be a 1.5 Trillion dollar cut for businesses.
- The bill is unclear if it will benefit the average American.
- Steve Forbes said the bill is not what President Trump campaigned on.
- There is a $4,000 tax break. However, there will be no more medical, adoption, electric motor vehicle, tax preparer, moving expenses, student loan interest, and theft deductions.
- Benefits the wealthy.
- If they add pass thru's for LLC's, it should really stimulate the economy.
- The previous week was the 3rd largest sell off in the Bond market ever.