Russian President Vladimir Putin is also responding to the Trump Tax Reform. Putin has also taken a step to promote the repatriation of capital from abroad. He is now proposing that only a 13% tax on funds retrieved should be abolished. Additionally, he is proposing that there should once again be an amnesty for Russian […]
China has responded to global competition that is exploding in the wake of the Trump Tax Reform. While domestic news in the USA continues to bash the tax reform on class warfare, the rest of the world is trying to come to terms with what Trump has set in motion. China’s response is to allow […]
QUESTION: Mr. Armstrong; Up here in Canada, the politicians seem to not even talk about the NAFTA agreement being changed by Trump. Has something taken place behind the curtain that they are not even worried about that issue? CB ANSWER: While playing a front row seat during the 2016 Election in the States, the truth is […]
COMMENT: Martin, It’s not just to make up for taxes lost because electric car use is up. Rockwall, Texas has become one of the highest income per capita counties in Texas because of flight from income taxes states, especially California. Real estate prices have exploded because of growing business presence in the Dallas/Ft. Worth and flight […]
QUESTION: Mr. Armstrong; Did Donald Trump take your Tax Reform Proposal you submitted to Congress back in the nineties? RK ANSWER: I know a lot of people have been asking that since his original corporate tax rate was 15%. What I can say is that the notion to eliminate deductions for State income tax has […]
While the American press keeps pushing the class warfare along with the Democrats, outside the USA there is a major panic taking place on a grand scale. I have been called into meeting in Europe and even in Asia all deeply concerned about the loss of competition with the United States due to the Trump Tax Reform. Naturally, […]
The House just passed the tax bill in a final vote after a procedural hiccup relegated the bill back to the floor for a second vote. The Senate passed the bill early Wednesday morning along party lines. The tax bill is on its way to President Trump’s desk now, slating the tax overhaul package to […]
COMMENT: The Trump Tax Cut,… Having read your blog now for a couple years, it seems that the problem is squarely upon “why” we have or need Government. To that end, it all hinges on the relationship of Person to Government. What we have now is: People are subservient to Government. There will be no solution […]
QUESTION: Hello. You mentioned that the tax cut will allow many companies to expand and hire more staff. At a WSJ forum, Gary Cohen asked a group of CEO’s if they would expand or hire more workers with the corporate tax cut and less than a dozen raised their hands. Some have commented that the savings […]
QUESTION: Hi Marty, I have been reading your blog daily for the last few years, as well as the archives. I just read your explanation of the difference between the house and senate versions of the tax cuts. The only thing that baffles me is not including charitable giving as a deduction. It seems to […]
