TaxUSDr Lacy Hunt of Hoisington Investment Management his partner, Van Hoisington, produce a quarterly letter aimed at the investment community in the United States. In this edition they write how in their view proposed US tax reforms will face enormous headwinds that were not there during previous tax-reform eras. This might mean that the benefits that Republicans think will accrue are likely to take longer to appear and be less than expected, which will mean that it is going to take more than what is presently proposed to jump-start the economy. Read more