Instead of an income tax replacement, as Trump has repeatedly described them, the data suggests the costs of tariffs have been primarily shouldered by U.S. companies and consumers. For American small businesses in particular, the backbone of the economy, there is less flexibility to diversify their operations or absorb costs and tariffs have completely rewritten the script, with massive implications for the national economy.
Thing two is that SEC enforcement has seriously declined under the Trump administration and probably is going to continue to decline. The SEC just has been declining in power generally over the last, I would say 20, 30 years. So we don’t really have an enforcement mechanism. One of the things that has been known for a while is you’ll see in pharmaceutical stocks around certain big conferences, the shares trade before the abstracts of studies are released. So somebody knows what’s in those abstracts and they’re trading on that information before it becomes public. This is a really well-known phenomenon and no one has done anything about it. So those are two things that are involved.，更多细节参见爱思助手下载最新版本
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