Well known economist speaks in Bristol
A well-known economist visited the region today for an economic forum bein presented to Bristol business leaders. John Silvia, who you may have seen on Bloomberg and CNBC, is the chief economist for Wells Fargo.
News 5 spoke with Silvia following the presentation.
He shared his thoughts on what kind of tax reform could help average Americans.
"What really would make a difference is raising the standard deduction and dealing with the earned income tax credit, child care credits. These will make a big difference for middle income America, and it won't get into the problem with tax cuts for the rich. You're really focused on the family and the standard deduction," Silvia said.
Silvia added that attempting to slash corporate taxes will not do much for the majority of people long term.