Jim, lower tax rates and the end of double dividend taxation are the only arrows left in the quiver. The FED has nothing left, and let me tell you, the retired people I know, the ones who played by the rules all these years and worked hard, paid their taxes and saved for a rainy day feel like they have been shived.... They have been sacrificed at the cd & money market altar of the gimme-credit generation(s). And we musn't forget the states are going to increase taxes like crazy, so a federal cut may be moot. And look how much NYC taxes are going up!!
This then begs the question, whom does this really benefit, and will it help or are things so far gone we become a doa economy such as Japan?
All of this doesn't matter to me, I will make a few coins whatever happens. But these are things I like to talk about, and you always, always have good input, and I appreciate it! On that note, STEM, a rat bottom fish, up over 100% since that day I fished for it :-> |