QT trickle-on economics update

News Item: The U.S. Senate released a revised health-care plan Thursday that maintains some tax cuts on the wealthy but allows health insurers to offer skimpier plans. . . .”
So the wealthiest might not see all the tax cuts they want.
Or put it another way.
Note to the rest of the nation:
The muggers take your wallet.
But you get to keep your watch.

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