I am hearing that there is going to be a great tax cut, maybe even the greatest tax cut of all times. Unfortunately, that is the limit of what I hear of any substance. I guess I am expected to reflexively believe that a tax cut of any kind is good and that the current taxes people pay are excessive and unwarranted.
Since I get no details, I might as well go ahead and comment on what we know very little about. I hear politicians and political pundits do that daily and as best I can tell, they don’t know much about what they are talking about either.