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Law as it was going into place. we knew that they weren't closing loopholes which meant that the tax rate was not going to come out to 21%, it was going to come out to lower than that and knew that the stimulus effect that the president thought this was going to have was overstated. >> that's absolutely right. those who paid attention to the structure of the tax cut in 2017, it was pretty clear instead of reforming the corporate tax system as a lot of people were calling for, they were simply cutting corporate taxes and that meant we were going to continue to see a lot of companies getting awa...

Import products produced in another country because of lower wages in china or mexico, that still creates huge benefit for american consumers and to the extent that they save money on buying imports that freeze up money that they spend on other goods and services, so there could be the stimulus effect that are hard to identify, but again -- mark: you are saying it's a complex world out there. when you're looking product for product, that's not the way to look at it. you may import something that resonates beneficially to the american consumer, the american consumer may spend money on this indu...

Import products produced in another country because of lower wages in china or mexico, that still creates huge benefit for american consumers and to the extent that they save money on buying imports that freeze up money that they spend on other goods and services, so there could be the stimulus effect that are hard to identify, but again -- mark: you are saying it's a complex world out there. when you're looking product for product, that's not the way to look at it. you may import something that resonates beneficially to the american consumer, the american consumer may spend money on this indu...

Investors today predicting very good things on the gdp front, looking forward to maybe 4% growth in the coming year. if we get that, if you can combine this wonderful, fundamentals we are starting to see with the economy and higher wages for people that are working, that would have a very big stimulus effect. that's the key. can you get wages higher in this environment right now? unemployment is certainly low but we need those wages higher. we'll be watching. you can watch every day 2:00 p.m. monday through friday on the fox business network. i am not done here. i will see you tonight at 7:00 ...

Got done were tax breaks for the wealthiest americans and something that hurt the middle class. those are the kind of ads that people are going to run. >> we'll see what the economy does. you know, reagan passes his tax cuts during -- you know, there's a recession, and the economy comes back. it's morning again in america. you know, donald trump is betting on the fact that this is going to have a stimulus effect, that it's a supply-side stimulus, that it's going to create growth and more jobs. >> but the business -- the business folks have been on panel after panel, have been in forum after fo...