Since at its core, yesterday's 1-page "tax plan" was a Goldman creation - and was presented to the world by two former Goldman employees - who better to explain what Trump had in mind than Goldman Sachs itself, which it did overnight in a far lengthier note from its chief Washington analyst Alec Phillips.
Via CaseyResearch.com,
It was the worst article I’ve ever read. The piece was titled “Could It Be Time To Deny White Men The Franchise?” In it, the author argued why white men should no longer be allowed to vote.
(The Huffington Post has since pulled the original article down claiming that the author “cannot be traced and appears not to exist.” Luckily, we were able to track down the original article. You can read it here.)
After already flipping on funding for the border wall to help avert a government shutdown, The Hill is now reporting that Trump is also willing to cave on Obamacare subsidies.
#BREAKING: WH tells Dems it will keep paying ObamaCare subsidies https://t.co/QflYmFxGFp pic.twitter.com/bFX75FTtKP
— The Hill (@thehill) April 26, 2017
Having promised "the biggest tax cut in history," and seemingly desperate for a win (given his folding on the funding of the wall), one wonders why President Trump has delegated the announcement of his Tax Reform plan to Treasury Secretaty Steven Mnuchin and Chief Economic Advisor Gary Cohn. Reduction, repatriation, simplification, and de-itemization appear to be the cornerstones.
2017 Tax Reform for Economic Growth and American Jobs
The implementation of the Greek pension reform of 2016, will lead to the sudden death of incomes for widows, and as KeepTalkingGreece reports, will push a large portion of population further into poverty. Widows’ pensions will be cut down to 50% of the deceased’s pension and new more restrictive age-based criteria will go into effect this month.