2020 Books in Review
This 3rd annual book review is another short one. But I hope the quality of the books compensate for quantity.
Category: Economy
Don’t blame buybacks
Do corporate share buybacks expose consumers to the business end of a bull market? Reasonable observers can find a lot to criticize about the 2017 tax reform bill, but an increase in corporate share buybacks shouldn’t be one of them. I outline five reasons why.
Tax bill uncovers wider Republican issues
The House and Senate take action on tax reform legislation. I view the bill as a net positive, but it’s far from perfect. Ultimately, voters need to improve the quality of our legislators to ensure better outcomes.
Showdown at Gucci Gulch
Tax reform is well underway in Washington. The House passed its plan last week, and the Senate aims to vote on another version after Thanksgiving.