OF COURSE the Trump tax plan is working. Working just the way it was intended. Rob from the middle class. Rob from the U.S. treasury. Squeeze more blood out of the already exhausted middle-class turnip. Transform Democratic deficit reductions into new record Republican budget deficits.
Take all that money and move it into the pockets, investment funds and offshore tax havens of the few richest elites who already have the most.
The same old “trickle down” scam that has never worked for most of us works just great for the few richest elites at the top. “Give us all your money and some of it will trickle back down to you” — and there are some voters stupid enough and gullible enough to sucker for that scam.
Trickle down works just the way they designed it — to REDISTRIBUTE the wealth produced by middle class working people to the few richest elites who already have the most while pretending it is supposed to help working people and the middle class.
President Calvin Coolidge and the Congresses of the 1920s thought corporate prosperity would lead to prosperity for every citizen.
Look how wrong you can be. Un-taxed & unregulated, businesses soon gave us a worldwide depression and another world war.
Coolidge said; “After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
The 1%ers propaganda version still used today is The business of America is business.
America is the richest country in the world because Americans make it so. Almost all of us are being taken in by the pyramid scheme of big business.
We are the base that produces all the goods, services, and labor, and our children are the “new recruits”. We earn just enough to keep going, while the 1%ers at the top get more $ than they could spend in 1000 lifetimes.
It doesn’t have to be this way. Prosperous business can succeed when their employees prosper with them. The rich will still be rich — just not on the grotesque scale that has become “normal”.
The idea that the tax breaks GIVE money to the wealthy is wrong. Tax breaks reduce the amount the wealthy owe for supporting the government services they use more than anyone else. Thus the republicans tax cuts defunds the government creating operating deficit spending and increasing the total debt. At this point, if many sources of revenue were increase, even to past levels, It might well take 45 years to bring the debt down to reasonable (which is debatable what is reasonable) levels. Before Bush 2 was coerced to give the wealthy even more tax breaks, it was estimated the debt could have been reduced significantly in ten years.
DD Wiz Premium Member about 5 years ago
OF COURSE the Trump tax plan is working. Working just the way it was intended. Rob from the middle class. Rob from the U.S. treasury. Squeeze more blood out of the already exhausted middle-class turnip. Transform Democratic deficit reductions into new record Republican budget deficits.
Take all that money and move it into the pockets, investment funds and offshore tax havens of the few richest elites who already have the most.
The same old “trickle down” scam that has never worked for most of us works just great for the few richest elites at the top. “Give us all your money and some of it will trickle back down to you” — and there are some voters stupid enough and gullible enough to sucker for that scam.
Trickle down works just the way they designed it — to REDISTRIBUTE the wealth produced by middle class working people to the few richest elites who already have the most while pretending it is supposed to help working people and the middle class.
Dtroutma about 5 years ago
Well, the perfect plan, for some.
• Thomas about 5 years ago
President Calvin Coolidge and the Congresses of the 1920s thought corporate prosperity would lead to prosperity for every citizen.
Look how wrong you can be. Un-taxed & unregulated, businesses soon gave us a worldwide depression and another world war.
Coolidge said; “After all, the chief business of the American people is business. They are profoundly concerned with producing, buying, selling, investing and prospering in the world.”
The 1%ers propaganda version still used today is The business of America is business.
America is the richest country in the world because Americans make it so. Almost all of us are being taken in by the pyramid scheme of big business.
We are the base that produces all the goods, services, and labor, and our children are the “new recruits”. We earn just enough to keep going, while the 1%ers at the top get more $ than they could spend in 1000 lifetimes.
It doesn’t have to be this way. Prosperous business can succeed when their employees prosper with them. The rich will still be rich — just not on the grotesque scale that has become “normal”.
https://ourrevolution.com/issues/big-money-in-politics
Gypsy8 about 5 years ago
Income disparity has become the social problem of our era.
The TM about 5 years ago
But let’s hope the empty treasury is under a real audit.
William Bednar Premium Member about 5 years ago
Well, yes it’s working, No wonder Trump, and his stable of lawyers, is stone walling Congress on giving up copies of Trump’s Tax returns.
Masterskrain Premium Member about 5 years ago
100% ACCURATE, Tom!
Teto85 Premium Member about 5 years ago
Pulitzer worthy.
Diat60 about 5 years ago
Shouldn’t “OUR” be the underlined word rather than TAX PLAN?
Frankfreak about 5 years ago
The idea that the tax breaks GIVE money to the wealthy is wrong. Tax breaks reduce the amount the wealthy owe for supporting the government services they use more than anyone else. Thus the republicans tax cuts defunds the government creating operating deficit spending and increasing the total debt. At this point, if many sources of revenue were increase, even to past levels, It might well take 45 years to bring the debt down to reasonable (which is debatable what is reasonable) levels. Before Bush 2 was coerced to give the wealthy even more tax breaks, it was estimated the debt could have been reduced significantly in ten years.
Radish the wordsmith about 5 years ago
Crooked lying Trump building a wall of money while destroying the government.
grenjello about 5 years ago
I wonder how long it is before he and his cronies start blaming the Democrats for the deficit.
robnvon Premium Member about 5 years ago
Shouldn’t there be a third box where he can practice sawing Melanie in half?
Radish the wordsmith about 5 years ago
There are still several outstanding scandals regarding Trump campaign funds.
Trump thinks like a money laundering crook.
Radish the wordsmith about 5 years ago
Trump told reporters today, “Nobody disobeys my orders.”
Umm. Dude, the only reason you haven’t been frog-marched out of the Oval yet is because nobody obeys you.