Have you ever noticed that whatever they officially name a bill, it always does the opposite. It is if it is by design. lol
Have you ever noticed that whatever they officially name a bill, it always does the opposite. It is if it is by design. lol
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I have noticed that, and commented on it often.
Also, their stated goals. For example, they touted Fannie/Freddie policies to provide affordable housing for low income people. Results:
1. First housing costs soared(less affordable)
2. Financial crisis resulting in foreclosures and people losing their homes.
3. Home prices are now very affordable, but most people can’t get them due to no job, poor credit rating etc. Course wealthy people can snap them up easy.
2cnd example: Buffet Rule to ask the wealthy like Buffet to pay a little more. Likely result:
1. Probably won’t impact Buffet’s income tax paid to any material amount.
2. Buffet keeps his salary comparatively low: $100 thousand salary, and $75 thousand for director fees. (less than $200 thousand).
3. A lot of his expenses are paid by the company: Corporate Jet travel etc. and other than that he lives frugally in a modest home.
4. Taxing his net worth might work, but there is no way that’s happening.