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Tax cuts, bonuses and miracles
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2017-12-21 10:01:58
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}A daily digest of opinions and analysisRepublicans Don't Need the Tax Bill to Be Popular Sure, the GOP tax overhaul is larded with irresponsible gimmicks, and the general public likes it even less than the tax hikes of yesteryear. That probably still won't make a huge difference at the ballot box in 2018. As Jonathan Bernstein explains, the economy matters to voters — but not always in the way you'd expect. AT&T's Tax-Cut Bonus Isn't Just a GimmickThe telecom says it will celebrate tax cuts by giving $1,000 bonuses to 200,000 workers, although cynics have been quick to call the move a stunt. But Justin Fox says the move isn't just a lobbying ploy: It's an economic inevitability.The Statistician Who Believed in Miracles While Enlightenment heroes made the case for disbelief, one 18th-century minister went in a very different direction. Faye Flam explains why Thomas Bayes had the right idea — and how his thinking influences scientists to this day. Melania Trump Really Should Escape WashingtonShe may pine for a "deserted island," but the multilingual first lady would be better off taking a jaunt to South America, Asia, Africa or Europe. Public-relations expert Kara Alaimo says a tour abroad would give a much-needed boost to her public profile (and possibly her mental health). Ritholtz's ReadsDave Nadig's 2018 bold ETF predictions (ETF.com)The real price of Brexit begins to emerge (Financial Times)Bloomberg Businessweek's 2017 Jealousy List (Bloomberg Businessweek)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyCoal's resilience will be its downfallBitcoin as money? Here's how it'll happenElon Musk is a bad role model for a utility boss(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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