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Trump Tax Plan Will Intensify the Race Between Growth and Debt

From bloomberg.com

The broad outlines of a bold tax plan the Trump administration presented Wednesday marked a step toward validating what stock markets have already priced in. Whether this tax reform can make it through Congress, and whether it evolves into the “historic” and meaningful accomplishment that the administration is targeting, will depend on its impact on overall economic prosperity. Although not enough information has been released to allow for a proper assessment -- including details of the proposed measures and related funding plan and the specific legislative strategy -- here are eight early takeaways: There are two ... (full story)

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