Mohacsy's Safe Portfolio Member Forum

[DewDiligence]

We do disagree vis-à-vis the Trump tax cut. To reiterate, in #msg-171978792 I said:

…many smaller and midsized companies (including several in my portfolio), who lacked ex-US revenue, far-flung subsidiaries, and the ability to execute complex tax-avoidance strategies, paid income tax at the statutory 35% rate (plus state income tax) prior to the Trump tax cut.

Your reply in #msg-171981011 acknowledges the above, but you nevertheless favor rescinding the Trump tax cut for reasons that have to do with the taxation of large companies. The bulk of your post is thus non-responsive to the point I’m making—i.e. that rescinding the Trump tax cuts would be devastating to the valuations of many small and midsized companies, including some in my portfolio.