David Stockman: “Trump’s 1500-Word Airball” Tax Plan

“Stated differently, after nine months of work these geniuses have come up with $6 trillion of easy to propose tax rate cuts and virtually no plan whatsoever to pay for them.”

“In all, this plan is so embarrassingly weak that Mnuchin and Cohn should be fired on the spot.

Actually all of these Rothschild puppets did exactly what they were told to do!

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Trump’s 1,500-word Airball:

The Donald’s strong point isn’t his grasp of policy detail.

The nine page bare-bones outline released this week is nothing more than an aspirational air ball that lacks virtually every policy detail needed to assess its impact and to price out its cost.

It promises to shrink the code to three rates (12%, 25%, 35%), for example. But it doesn’t say boo about where the brackets begin and end compared to current law.

Needless to say, a taxpayer with $50,000 of taxable income who is on the 15% marginal bracket today might wish to know whether he is in the new 12% or the new 25% bracket proposed by the White House. After all, it could change his tax bill by several thousand dollars.

Similarly, to help pay for upwards of $6 trillion of tax cuts over the next decade, it proposes to eliminate “most” itemized deductions. These “payfors” would in theory increase revenues by about $3 trillion.

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45 Trillion Reasons Why Gary Cohn Has Recused Himself From All Goldman Matters

45 Trillion Reasons Why Gary Cohn Has Recused Himself From All Goldman Matters

consistent with the stringent ethics rules established by the Trump Administration, Mr Cohn will recuse himself from participating in any matter directly involving his former employer, Goldman Sachs. He will also recuse himself from any matter or potential rulemaking before the CFTC in which Goldman Sachs has participated.”

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Gary Cohn’s Parting Gift From Goldman: An Accelerated $124 Million

Gary Cohn’s Parting Gift From Goldman: An Accelerated $124 Million:

Leaving Goldman Sachs to work for the government has always been a lucrative career move: eight years ago, it allowed former Treasury Secretary Hank Paulson to sell $500 million in Goldman stock tax free, and now its the turn of Gary Cohn, Goldman’s former COO and president, who is leaving to join Trump’s cabinet, who is departing with an “accelerated” gift.

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Goldman President Gary Cohn Accepts National Economic Council Director Role Offered To Him By Donald Trump

Goldman President Gary Cohn Accepts NEC Director Role:

As reported last week, Trump had offered Goldman Sachs president and COO the job of his top economic advisor, as Director of the National Economic Council Director. Moments ago CNBC reported that, as expected, Cohn has accepted the role.

From CNBC:

Goldman Sachs executive Gary Cohn is expected to accept the directorship of the National Economic Council “at any moment,” a source told CNBC on Monday.

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Rothschild Puppet Trump Picks Goldman President Gary Cohn To Be Chief Economic Advisor

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Related info:

Rothschilds Caught Orchestrating US Election Outcome – Trump, Like Clinton, Is A Rothschild Puppet

More info down below.


Trump Picks Goldman President Gary Cohn To Be Chief Economic Advisor:

It appears that vampire squids are quite adaptable to living inside the swamp that Trump promised to be draining.

Following the appointment of former Goldman partner Mnuchin as Treasury Secretary, NBC News reports that Goldman Sachs President and COO Gary Cohn has been selected as National Economic Council Director.

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Donald Trump has offered Goldman Sachs executive Gary Cohn a key economic post, which would add to the administration another veteran of the powerful firm he bashed during his campaign, sources close to Cohn told NBC News.

As NBC adds, Cohn, Goldman’s president and chief operating officer, has been offered the directorship of the National Economic Council and assistant to the president for economic policy, the sources said. It is unclear if Cohn will accept the post, but he reportedly had discussions late last month about leaving Goldman.

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Goldman’s President Gary Cohn Said To Be Considering Departing Firm

Goldman’s President Gary Cohn Said To Be Considering Departing Firm:

Just a day after Goldman COO Gary Cohn unexpectedly met with Donald Trump, he is now said to be “weighing a future outside the firm” the WSJ reports. According to Dow Jones, the bank’s “Number 2”, who met with Trump on Tursday, has had conversations in recent months about leaving the bank.

As reported yesterday, Cohn, who has been CEO Blankfein’s top deputy for a decade, met with Donald Trump Tuesday. It isn’t clear whether the president-elect is considering Mr. Cohn for a position; Politico reported Wednesday that Mr. Cohn could be a contender to head the Office of Management and Budget. A possible position in the Trump administration comes at a time when Mr. Cohn’s role at Goldman has already been in question. The 56-year-old president and chief operating officer has had conversations in recent months about leaving the bank, according to people familiar with the matter.

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