Trump trumpets Trump accomplishments

In a brief public statement, the Don modestly stated that his administration had accomplished more in the first six months then any administration in history, other than perhaps that of FDR. It has been historic he said. The Don did not bother to list those accomplishments, that was because time would not allow. The Don did express his disappointment that he has had nothing to sign lately because he really likes to sign things. Luckily, he is allowed to do so without reading them.

Later, he said that one of the Goldman Sachs guys would explain his tax program but briefly outlined that plan. Under it, everyone would get a reduction in taxes but it would be revenue neutral. Corporations would pay a far lower tax rate, immediately expense capital items but lose all their exemptions and deductions, sometimes called tax loopholes. It was explained that those who currently pay no income tax because they make so little would also get a reduction in the tax rate. It it was explained that it would be well received by those because they would now be not paying tax at a much lower rate. These across the board tax reductions would be fully paid and more by the incredible stimulating effect calculated by modern double dynamic scoring.

A CEO of an international mix conglomerate was asked about how these tax changes would affect his business. He was elated. If our company pays less taxes we will have money available for stock buybacks, which will result in my stock options becoming more valuable. When asked his opinion of the the strategy of a loss of tax loopholes as an offset to lower rates but resulting in the same amount of tax being paid, the CEO said" what good would that do me"? But, after further reflection he said we could immediately get our lobbyists at work in creating a new set of tax loopholes which they are nearly always successful in getting passed and we end up ahead. So, this tax reform is a good idea.

House Speaker Ryan when asked about this sketched out tax reform plan stated that it was not nearly complicated enough resulting in people being able to actually understand its effect. We need a border adjustment tax as part of the plan because nobody really understands it well or has any idea of what the consequences might be. That's why it is my baby.