Don’t know if I would believe Forbes. He speaks with his heart more than his head.
I do think some form of tax relief is going to pass.
What exact form it takes, I don’t know.
He is exactly right that there should be cuts at all levels. The idea is to free up more money for the private sector, sparking massive new economic growth.
Even if some folks only use it to make purchases, that also sparks new higher levels of economic activity.
What sense does it make to cut taxes for 50% of us, then raise them for the other 50%? That would nullify any increased private sector growth.
I want to see the death tax eliminated entirely.
Citizens invested their whole lives with after-tax moneys to purchase homes, property, and other assets. The government already got it’s pound of flesh.
Killing off family wealth is a massive sin.