Stockman: We’re Borrowing Our Way To Economic Disaster – 04.18.17

  • David Stockman joined the Fox Business and the show Mornings with Maria to discuss the tax reform highlights for the current White House and GOP platform and what he views as a real threat of economic disaster in the U.S. During the discussion Stockman highlights what to expect from a border adjustment tax possibility, the creation of jobs and the impact on Wall Street in the age of Donald Trump.
  • Stockman takes to point the cause of tax reform in the current White House. He begins the segment noting,
  •  “I think the border adjustment tax will come out of the retailers margin – and it should. We do need revenue. We need to have a consumption tax, or a value added tax or a border adjustment tax – so that we may reduce taxation on wages and income.

Read more at:Stockman: We’re Borrowing Our Way To Economic Disaster

Source: dailyreckoning.com

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