Mark Levin’s points below are well taken. If the issue is “liquidity”, we have yet to have it explained to us why this plan is the only means of addressing it. As Mark notes, the elimination (or – hopeless bipartisan squish that I am – dramatic reduction) of the corporate income tax would be a sober, credible move that would reverse all those Dow “plunges” we keep reading about.
Yet it’s not even on the table.
Curious that. Would it be unreasonable after a decade of Republican dominance of Washington to expect US corporate tax rates to at least be competitive with the socialist paradise of Sweden?