Let further note, that Obamacare will largely remain.
You really think congress is going to pass a clean repeal, resulting in record high rates of uninsured Americans?
Political suicide.
The exchanges may be turfed; but costs will remain, employer health plans will remain; and if insurance is no longer mandatory, costs on the residually insured will rise.
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Trump has lowered no taxes as yet; and last I checked there was still a US Federal deficit.
Which program is he going to sack? How high will he run the debt?
The truth his he may well cut some tax rates; but this will be paid for by eliminating deductions, and/or corporate subsidies; and again, he has to get that passed first.
The current gross Corp tax rate in the U.S. is 43%; in Ontario its 26.5% for large business [[incl Fed. rate) and 19.5% for small business.
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