Q: Hey Mish, a first glance the house/Trump tax plan looks pretty good. We now know the…

Q: Hey Mish, a first glance the house/Trump tax plan looks pretty good. We now know the brackets/cutoffs. An analysis?
A: I wrote an article on this. The problem is the target keeps moving. In general, I see more winners than losers. People expect there to be no losers. I would just put in a small flat tax and kill all deductions. Supplement with a consumption tax - but not on food or medecie.

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