TAX REFORM

[HairOfTheDog]

It will not fail.

Yeah.........as we've stated repeatedly, we know it's very likely to pass the congressional vote (for all the wrong reasons, in my opinion).

If it passes the vote, as expected, and does not deliver on its unsubstantiated claims of creating enough job, wage, and consumer spending growth to cover the resultant debt/deficit...... it will be a fail. It will have meant long term gain for the wealthy, long term loss for everyone else, and further erosion of the middle class by having increased income inequality.

I hope the bill fails to pass congress, but expect that it will pass. If it does pass the vote, I hope it succeeds in delivering on its promises. However, I don't expect that it will.