Do you listen to The Daily? It’s usually good, often great. I thought this one — about what effect the Trump tax cut actually had, and on whom and what — was pretty great. (If infuriating.)
Or if you’re not a listener, you could read the transcript.
(Bottom line: it was largely Fred Smith’s idea — the kid who famously founded FedEx — and it failed in most ways, though not for FedEx, which went from a 33% tax bracket to paying no tax, so it worked out well for Fred.)
Have a nice day.
Quote of the Day
It's unbelievable what happened, said Jack Brod, who has operated Empire Diamond and Gold Co. in New York's Empire State building for over 50 years. When gold was over $700 an ounce and silver over $40 everybody wanted to buy it. Today nobody does.~August 12, 1981 Deseret News
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