Steve Moore of the Committee to Unleash Prosperity said “Trump economist Kevin Hassett was right — “Thanks to the booming economy, Trump’s tax cuts are well on the way to paying for themselves. The Laffer Curve is at work!” Below is his latest Wall Street Journal piece debunking the liberal myth that the Tax Cut and Jobs Act is blowing up the deficit. The following commentary appeared in the Wall Street Journal on 9/19/18. The Corporate Tax Cut Is Paying for Itself Faster-than-expected growth has produced a revenue windfall. Kevin Hassett, chairman of President Trump’s Council of Economic Advisers, caused a brouhaha…
Author: Charles Tassell
Tax Reform Was Passed, Signed & Delivered Congress Says It’s a Christmas Gift for us….But, is it? by Charles Tassell As there has been a great deal of hype on all sides of tax reform, let’s see if we can dig into the issues with more light and less heat. Hopefully you find this helpful and instructive on items that will no doubt have lasting ramifications and unintentional consequences for many years. The summary: The reforms should be good for real estate, with tax advantages for pass-through entities improving. Before making decisions based on tax reform, please be sure to…