Subject: Feeling optimistic about tax reform?
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 31 Aug 2017 05:03:19 -0400 (EDT)

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}A daily digest of opinions and analysisTrump Will Fail at Taxes, TooSorry, everyone; we know your hopes were high. But after watching Donald Trump’s speech on tax reform Wednesday, Joe Nocera is confident the issue will be Trumpcare redux, with Congress and the president butting their heads and getting nowhere. Place your bets now, folks. At the same time, Ramesh Ponnuru notes that by dropping their proposed border-adjustment tax, congressional Republicans have given themselves even less room to maneuver.Hungry Harvey Victims Have the Law on Their SideIs stealing a loaf of bread to feed your family a crime? What if a hurricane’s raging as you steal it? As some worry about disorder in post-hurricane Houston, Stephen Carter argues that “looting” from an empty supermarket is no offense, legally or morally. Meanwhile, Conor Sen considers how the city might reinvent itself after the disaster, while Virginia Postrel examines how households can best recover.How Not to Tweet During a Natural DisasterNote to companies: A hurricane isn’t the best time to hawk your hash browns. But expressing sympathy and offering aid to victims — thoughtfully — can build goodwill for your business. Kara Alaimo explains how companies can avoid public-relations disasters when real disasters strike.Americans Are a Little Too Relaxed About NukesA majority of Americans say they’d be fine with dropping a nuclear weapon on an Iranian city. Wait, what? Faye Flam examines worrisome new research on the apparently fading “nuclear taboo.”Before it’s here, it’s on the Bloomberg Terminal. Find out how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. Learn more.Ritholtz’s ReadsS&P 500 panic attacks since 2009 (Yardeni Research)The key to America’s success: Government investment (Yeah, But ... Thoughts on Economics)Harvey’s test: Businesses struggle with flawed insurance as floods multiply (Wall Street Journal)(Read Barry Ritholtz’s full daily news roundup here.) Bloomberg GadflyCool your hopes for a post-Kite cancer-deal boomJack Daniel's can toast its gains but still have regretsWake up, China banks. The bull market’s back, for now.(Read more from BV’s sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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