I am extremely happy that today is my birthday. I have been observing it in what is the annual ritual of the birthday month celebration. Even though I am closer to the end by far than the beginning, I am so blessed for each day.
Administration: The best thing that has happened is that Mr. Obama is gone. President Trump has lots to do and lots to learn, like being Presidential and to stop campaigning. His Cabinet picks are a bit unusual but he gets the benefit of the doubt. Washington has a way of winnowing them out. Dumping TPP with out trying to improve it is a mistake but not surprising given his anti-trade stance. He gets a passing grade for now Grade: Starting at C.
Senate: Republicans are in the drivers seat but there are back seat drivers. The venom from the liberals is not productive for the county. Going to take some time to get started but with control, no excuses. Grade: Grade B
House: The results of the election means pent up legislative frustration will be forthcoming. Look for lot of activity as the House is in anti-regulation mode. Tax Bill and what to do with the ACA are huge issues. Upgraded Grade : Grade B
I have developed a three-part series on what is wrong with the tax system and suggestions to fix it. Not your usual plan but one making choices to improve the system. Become tax czar with me for a day and suggest your changes with some unexpected ideas.
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Mr. Nutter was previously Tax Counsel to the US Senate Finance Committee and has been involved in several US presidential campaigns.
He has been in private law practice and worked in the former Soviet Union, Europe and Africa for 15 years on private investment and government projects.
He holds a Master of Laws (taxation) from Georgetown University Law Center and a Doctor of Jurisprudence from the University of Arizona College of Law. He has been published in numerous tax journals and magazines.
Reach Jack by e-mail here.