Looking beyond health care to tax reformThe answer, I suspect, is that markets are looking past the health care bill to the next step. If health care was hard, tax reform could be easy. Tax reform also has the benefit of being much more clearly beneficial to the economy and the markets. While the costs and benefits of the health care reform bill were always technical and subject to argument, tax reform can offer meaningful and material benefits: higher corporate earnings and higher consumer paychecks. Mind you, I beat this drum in March, the first time the health care bill was pulled.

Source: Forbes July 18, 2017 21:33 UTC