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Dec 30, 2017

The tax bill’s reshaping of the American economy

How fast will the effects ripple through the economy?

Weekly Wrapby Adriene Hill
Copies of the Tax Cuts and Jobs Act Conference Report sit on the dais of the House Rules Committee at the U.S. Capitol in Washington, D.C.
Copies of the Tax Cuts and Jobs Act Conference Report sit on the dais of the House Rules Committee at the U.S. Capitol in Washington, D.C.
Chip Somodevilla/Getty Images

Linette Lopez of Business Insider and Sudeep Reddy of Politico join us to break down this week’s economic and business news. We’re already seeing the effects of the tax bill the first week after it was passed. We take a look at companies like Goldman Sachs and CitiGroup that are taking earnings hits, and people lining up to pay their property tax early. We discuss if the bill will encourage companies to repatriate money from abroad. How fast will all the effects ripple through the economy? 

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