I just read Owen's blog, which today talks about the wily Trump's real purpose behind his plan to reduce the corporate tax rate to 15%, from 35%. The following news item seems to complement Owen's post, especially when you learn one of the proposals to pay for this cut, which will add $2 trillion to the U.S. debt, is by making substantial changes to the 401k plan which, as I understand it, is roughly equivalent to Canada's RRSP.
Predictably, it looks like Trump's most ardent supporters, a.k.a. 'the little guys,' will be paying a very heavy price for their allegiance to the Orange Ogre.
The Gullibillies take it in the neck. They'll still remain loyal to Trump. Tales of the vivisectionist's dog.
ReplyDeleteVery apt, Mound. Very apt.
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