Skip to comments.Democrats’ tax plans reflect profound shift in public mood
Posted on 02/03/2019 3:45:57 AM PST by C19fan
From the outset, several top-tier Democratic presidential candidates are pushing for new taxes on the wealthiest Americans and attempting to portray themselves as best positioned to fight the countrys yawning inequality gap. It is an indication of how much the Democratic Party is shifting and how far the candidates are willing to go to appeal to the partys energetic liberal faction. The debate over wealth particularly with billionaires in the field and Democrats challenging a president whose riches helped get him to the White House is a dominant theme of the early primary season.
Among the first advisers the candidates are consulting are not foreign affairs veterans or domestic policy experts, but economists.
(Excerpt) Read more at msn.com ...
I’m sure the small print will include all sorts of super-sized exemptions for Leftist billionaires.
The propagandists at the Washington Post want you to believe that loser radical leftists are really the “public mood”. Amazing that people pay to be lied to like this.
I find it poetic justice that Democratic politicians are biting the hand that feed them.
The middle class... Farmers, small businessmen...
Not so much.
Of coarse the leftist billionaires that fund the party and the socialist billionaire politicians who became rich on the public dime are all exempt. Those who are out of the loop will once again pick up and leave close their companies and go to foreign lands leaving the economy back to Obama’s years or worse
The Bezos Post will make sure the new Dem tax bill is properly structured to soak any potential Amazon competitors.
The Dems will protect Rich Liberals, so they will get richer...
Envy use to be a sin. Now it’s a major donkey plank.
But the proportion of Republicans who believe the system is unfair has dropped significantly from 51 percent in 2014 to 36 percent now while it has increased among Democrats, from 71 percent to 84 percent.
This is the most interesting and accurate part of the article because it reflects how the party in power affects public sentiment due to government being far too large. The Democrats playing race you to the top of the wealth confiscation hill is from a profound shift within the mood of their public, not the entire public. While Her Heinous successfully rigged her way to the Democrat nomination in 2016, it wasn't lost on those who couldn't stop her (and more than a few of her supporters) that Bernie and his socialist policies really carried the day on their side.
Back to the polling. You would expect that in 2014 the Democrat number would be lower with Bathhouse Barry in the White House. However, despite him doing his level best to destroy everything, the presence of even the feeble Republican Congress was enough to cause them distress. The change in the numbers to now reflects President Trump taking over, though I suspect that the Republican number is on the rise and the Democrat number slightly dipping as the country is exposed more and more to having Democrats run the House.
Matt Viser is trying to convince himself the Demon Rats are loved.
The income inequality is not a simple factor of those with higher incomes have too much, or that CEOs pay as increased over the decades as a multiple of the average workers pay.
What HAS shifted is to where has the granting of higher pay gone most (what jobs) - as an increase over past decades, and where has the rate of pay increases slowed.
The data has been sifted and in most industries CEOs today are not getting higher multiples of their average employees wages than past decades. However, it is also seen that wage growth in most job sectors has slowed.
What accounts for seeming income inequality? The computer technology sector and technology related jobs, technology jobs whether in the computer technology sector or not.
That sector and jobs related to it have obtained a larger share of wage growth (much larger) from prior decades over just about every other sector, or every other kind of job within other sectors. Take that sector and jobs related to it out of the data and wage growth has been slow but similar just about everywhere else. Leave their data in and the total appears to represent a “total” inequality gap.
Just like some extremes at one end can skew an average, extremes in one economic or job sector can alone skew what the total income picture looks like.
The man in the movie The Graduate was wrong when he told the Dustin Hoffman character that the future was in plastics; it would instead, in reality, be in computer techology and jobs related to or working with it.
It is humorous how “income inequality” animates the politics of the progressives so much while those working where the “unequal” data has bulged upward the most is in the sectors with the biggest love affair with the progressives - the computer technology sector and the communications sectors employing it.
Taxing the wealthy is like herding cats.
They can hire world-class tax accountants who have an endless list of ways to shelter assets, income, whatever...
That is why all “tax the wealthy” schemes eventually morph into higher taxes on the middle class—because that is where the real money is.
Never, ever, got a job from a poor man....
Exactly. It fits like hand and glove. Politicians corrupted by playing gate keeper and deep pocketed billionaires willing to pay for influence. They get rich and richer. Ordinary people are left unemployed.
What it reflects is that the Bolsheviks, I mean Democrats, don’t care what the public really thinks - and are willing to ‘change’ the public via forced demographic shifts and illegal voting in order to achieve their agenda and consolidate their power.
If I was a Democrat formulating a law, I would fully exempt money placed in qualifying foundations (like the Gates Foundation or Ford Foundation). The billionaires would still be able to bend the spending to their globalist whims, but wouldn’t have to pay a penny in taxes for it. Win win.
Communists always claim to go after the rich but always hit the middle class.
The democrats get help from their billionaire friends when writing the laws so that the uber rich don’t get taxed.
There are a lot of dim lawmakers that are also uber rich.
It is all for show.
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