Vanity Fair - Tax Cut View

https://www.vanityfair.com/news/2019/12/gary-cohn-triesand-failsto-defend-the-trump-tax-cut?utm_source=nl&utm_brand=vf&utm_mailing=VF_Hive_121619&utm_medium=email&bxid=5be9c9ce2ddf9c72dc1731f9&cndid=48649301&hasha=a28e2a5db422a1da1f486a14c7e8ef9f&hashb=ce972dbb9829554942635064efb4bb3f1e5023d0&hashc=59743b8ce0f1d09cd5550c04ce54991ec35beae942bce691b6897a9a494c43c7&esrc=hivenlpg&utm_campaign=VF_Hive_121619&utm_term=VYF_Hive#



As a global person, I suggest that the logic is that taxes matter and if you are a business and have similar tech and expenses, if you get to keep less of your earnings, you'll have less to invest and competitors will eventually drive you from the market.

This article ignores basic logic because the bias is to have money for social goals. 

As you might know, if you have two companies in the same business and one gets to pay a higher dividend than the other, you'll invest in the company paying the higher dividend (i.e. low taxes equal more cash to distribute).

Any other tax related blah, blah has to focus on the anti-growth counter-factual of the tariff plans. So, tax cuts encourage investment and tariff policies discourage investment. Thus, econometrically, any article like the Vanity Fair one is evident of an economically bereft intellect.