Larry Kudlow was on “Newsmakers”, on CSpan, this pm.
FYI, saying that the Trump Repatriation capital is coming in for 2018,
at 750 BILLION DOLLARS!
Kudlow couldn’t recall, off hand, what the Joint Tax Committee’s numbers were, but said that amount “has got to be 3x what they projected”!
He added “that money, by the way, is going back into Wages, Bonuses, Dividends, Share Buy Backs and Capital Spending”.
He disputed that the US economy is on some kind of “sugar high”, when Nancy friggin’ Cook (a Politico reporter) said... Won’t the tax reductions and regulations all Peter out????? (Gawd)
The Repatriation is Permanent, and to remember all of this was/is conceived over a term of FIVE years, not One or two. He said our current First Quarter is a little soft, due too the Government Shut Down that he called a “ glitch”, but the stock market is good, consumer confidence is up, the value of the dollar is high. etc.
“Trump Threatens SNL With Federal Investigation”
Per headline... the Drudgery Report..
RitaOK, it’s so nice to see you! I thought I was the only living soul in here FESTIVAL.
BTW, great post!