It’s always fun to hear Rush and a caller discuss a topic that neither of them get right- in this instance the effect on real estate by the Tax Reform Act of 1986.
Dunno why Rush is so averse to interviewing people who actually know a subject instead of engaging in muddled discussions with a caller. Here’s the gist of the issue:
Donald Trump testified before Congress back in 1988 on this very subject. It’s on youtube. You get to see just how good Trump was in discussing a very detailed subject without notes.
Unfortunately, I missed that part of the show - must have been in Whole Foods. Rush is out of humor today because of his tax returns, I guess. I’m sure he’s got tons of cash stashed away in the Caymens and in Swiss bank accounts, don’t you think?