Financial Expert Dan Celia Says Markets Could be Affected if Tax
Reform Plans Lag Much Longer
PHILADELPHIA, Pa.—A vote on the amended American Health Care Act (AHCA) is expected this week, and is dominating the attention of both lawmakers and the media.
But financial expert and nationally syndicated radio and television host Dan Celia wonders where all the tax reform talk has gone, especially when the markets jumped after the announcement of President Donald Trump’s significant tax reform plan.
“When was the last time we heard about tax reform from lawmakers?” Celia asked on yesterday’s “Financial Issues” program. “We’ve heard a lot about the wall being built, we’ve heard about getting money allocated for the budget so the government doesn’t shut down, and we’re now hearing once again that there could possibly be a vote on the repeal of Obamacare on Thursday. Republicans are saying that if all things stay exactly as they are today, there’s a very good possibility that we could see a vote in a few days. We’ll see.
“But health care is not my main concern—taxes are,” Celia continued. “We heard a lot in the early parts of last week about tax reform, including plans from the Oval Office, and business confidence was on the upward swing. But talk from lawmakers has tapered off dramatically. Even with the health care vote dominating attention, we must see some real action behind tax reform, which will be good for the markets.”
Celia leads Financial Issues Stewardship Ministries (FISM, www.financialissues.org). Read more about Celia, FISM and the “Financial Issues” program here.
Visit the Financial Issues Stewardship Ministries web site at www.financialissues.org, its Facebook page, on YouTube at Financial Issues with Dan Celia or on Twitter @financialissues. Download the new Financial Issues app here.
To interview Dan Celia of Financial Issues Stewardship Ministries, contact Anna Price, 610-584-1096, x100, Media@HamiltonStrategies.com, or Deborah Hamilton, 215-815-7716 or 610-584-1096, x102.