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The backdrop, the strong economy, that is leading to a surge in travel, period, but tax reform doesnt go through then what . Lets go to scat martin who has been crunching numbers on the then what possibilities, what happens then, scott . Neil, i think we see a pullback and i think we see a pullback and a surely equity prices, anticipation of tax reform, Regulatory Reform to some degree we have seen and equity prices have responded positively and youre also going to see pullback in consumer spending. The nice thing Going Forward for us is the following, 401 k balances are on record, great year that makes you confident and probably more confident in your job than a year or two ago, thats likely going to make you take out the wallet as you go to holiday spend, without fax reform, that momentum likely doesnt continue. Neil a couple of different reads on this. Youre probably tak ....
It was his dismissive tone to people paying taxes. That is essentially what he said to maria. And many tax cuts are going to people that dont pay taxes. Were not minimizing what they do pay, payroll taxes and like, but when it comes to income tax relief, the folks paying a big part of bill are not getting benefit from the bill, despite what you hear. Saying that to that crowd at Economic Club in new york, already wincing losing very big deductions their way. By the way that roped in a lot of middle class taxpayers as well, people are stepping back, concluding, weve got some problems here. Were on tom for the next two hours. Whether youre on left or right, democrat or republican here, there do seem significant differences between a house plan that thes out and senate plan coming out today. A senate plan that were told keep a lot of overthemes you hear from the house and trying to make sure that we get some tax relief but it might be ....