About the GOP’s proposed tax reform…
The talk is all about how we need it to stimulate investment and therefore boost the economy.
To this, I have one question: When is the last time you handed out money, no strings attached?
If you want a particular result, you hand out the money with conditions. We call these “performance guarantees.” Look at any contract, you’ll see them there. Nobody in their right mind makes large financial commitments or investments without firm guarantees that their money will be dedicated towards producing the agreed-upon result.