Jeff Stahler for June 10, 2021

A lot of chatter around the internet about how this is really no surprise, just business as usual. Which is sad but true. Or maybe maddening and true. MAYbe (but not probably imo) this will kick us off the mark toward some reforms.

The Republican strategy of REDISTRIBUTION:

Trickle-down fraud is really all about the corporate feudal conservative plan for CLASS WARFARE against working people by REDISTRIBUTING middle class wealth from working people to the few richest elites. Give all the wealth to the few richest elites who already have the most and promise the rest that the crumbs will “trickle down” to the rest of us.

Their plan: REDISTRIBUTE middle class employment income by OUTSOURCING (or off-shoring) their good American (union) jobs to cheap child slave labor overseas and keeping the difference and then, when they can’t keep up their payments, REDISTRIBUTE their houses to the same banks bailed out by these working people (foreclosure or evictions), REDISTRIBUTE their cars to finance companies (repossession) and REDISTRIBUTE their retirement savings to the Wall $treet market manipulators who PRODUCE NO TANGIBLE WEALTH but gave us hedge funds, program trading, nanosecond digital speed trading, derivate investment “instruments” and credit default swaps by which they bet against middle class investors.

The few richest elites who already have the most want the middle class to WORK HARDER for LESS MONEY on which we pay a HIGHER TAX RATE, so they can WORK LESS (or not at all) for MORE MONEY on which they pay a LOWER TAX RATE on their investment profits (or none at all through loopholes, deductions, exemptions, exclusions, shelters, corporate welfare, Cayman Islands tax havens or just eliminating taxes on investment gains).The real CLASS WARFARE is really all about the corporate feudal conservative plan for REDISTRIBUTING middle class wealth from working people to the few richest elites.

And pay and pay, and pay even more !

Tax code full of loopholes, put in place by crooked politicians, for the benefit of their rich donors.

Trickle down: for every $100 a rich person gets, he gives back a penny.

Not a new game. Been played as most of us have for decades.

“A strange game. The only winning move is not to play. How about a nice game of chess?” says Joshua, a top secret super-computer which has complete control over the U.S. nuclear arsenal. From WarGames (United Artists, Sherwood Productions – 1983).

Not only the middle class pays, but us on the lower end, too. Prior to Dump’s tax revision where the rich got tax cuts, I got all my taxes back. But, with the tax code changed, I now, though my retirement income is just above poverty level, pay taxes. Admittedly, it isn’t much and I like paying my fair share, but why aren’t the rich paying their share? We really do need a wealth tax.

Its part of the republicans tax breaks for billionaires game.

Republicans give billionaires tax breaks, then the billionaires kick back money to the republicans in the form of ‘donations’ then the republicans carve more tax breaks out of the American middle class so billionaires can get richer.

It’s not broke. It’s just how the plutocrats created and nurtured it over the centuries.

This country would collapse if all us middle class taxpayers found ways in which we wouldn’t have to pay any taxes. All I want to see is everybody paying their fair share, but that isn’t happening.

Very well explained.

Yeah, they’ve made up all the rules to play that game… but they can’t force us to play it…

Must be a game from the 1980’s. Thanks Reagan.

We’ve known this since the 80s when Reaganomics was introduced with the help of guys like Arthur Laffer. We all remember Laffer; was part of the Reagan Admin and his supply side economics that said tax cuts will generate revenue for the federal government. He’s trending these days as the guy who went on Fox News and said young people, less educated, and minorities don’t deserve $15 min. wage. Don’t think Laffer believes in the concept of inflation unless it leads to personal profit gain for him.

https://www.independent.co.uk/news/world/americas/us-politics/art-laffer-minimum-wage-trump-b1863428.html

Trickle down economics didn’t work, but trickle down tax increases and inflation will happen.

And pays…and pays…and pays………….

No Shiggity…

Ted Cruz: “To America’s watch-me-woke-it-up CEOs I say: When the time comes that you need help with a tax break or a regulatory change, I hope the Democrats take your calls, because we may not.”

They probably bought the game from amazon.

https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax

During the course of my working close to 40 years. My income always rose while Republicans were in power and lower while Democrats held forth?