Posted on 12/18/2020 5:01:37 AM PST by Oldeconomybuyer
confiscatory taxation is theft. In a rational country, even the rich have a natural right to private property
“...The facts do not lie... Trump’s tax cuts trickled down into every economic metric in a positive fashion...as advertised....”
Yep. It created a juggernaut of an economy that unless stopped, guaranteed the man’s re-election. The communists had to pull out all the stops to kill it any way possible. Thus, they likely colluded with the CCP on the Fauxi-engineered, planned virus release. That killed our economy, thousands of people, then they went full bore of ballot fraud to take him completely just to gain back power. I outright despise the corrupt bassturds for it. There are a lot of folks that need to be hanged...publicly.
I think you hit the nail on the head, the big lie of “free trade” was a devastating hit on the American middle class. I am all for truly free trade but we have never had that just Americans taking in in the ass as we were sold out by both parties.
Tax cuts work if government will stay out of the way except and not pick sides when businesses compete. If tax increases work so well how come we were not at 3% GDP in the obama years?
Another bon mot from the LSE.
Surprise, surprise.
This is the problem with publicly-traded corporations—they orient every financial decision towards shareholders and executive compensation, while wages either stagnate or shrink in relation to cost of living; but they spend megabucks on advertising some BS “corporate caring” program that extorts from the consumer to benefit a few and provide a tax write-off.
It’s a problem of ethics.
10 years old and it still rings true.
(Yeah...You Tube, but it’s not on Rumble)
If there’s a scintilla of truth in this, then it is more a reflection of the skill set and behavior of those at the bottom of the income chart than it is of capitalism and low tax rates.
The failure to consider human nature is the major problem of these starry-eyed leftist social engineers and their never-ending plans to legislate Utopia for all.
Re: 1982 Reagan tax cut
Two observations...
(1) Since 1982, we have imported 60 million Third World immigrants and their American born children.
(2) Half of the USA working age population receive more government benefits than they pay in taxes.
Billionaire Bezos' Amazon warehouse employees depend on food stamps in 9 states
The U.S. laws allowing incorporation and public shareholding were probably a good idea at the time, but these huge corporations have become a major distortion of purpose. The leaders of companies whose executives are multi-billionaires and can literally buy an election have no conscience.
There used to be an informal rule of thumb that a corporate president should make no more than 6 times the salary of the lowest-paid employee. Now look, with executive yearly compensation in the millions, and their stock portfolios increasing on top of that; one-sixth of only one million dollars is around $167,000. What janitor or warehouse clerk gets paid anywhere near that?
As John Adams pointed out at our Founding, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”
Dang I can’t find anything in the CBS story that proves socialism in working any place in the world.
Isn’t that cute! They pick a nice, round 50-year interval ending before the current administration. No cherry picking there! No sir!Of course 1965 came immediately after the famous Kenndy tax cuts, and 2015 immediately before the Trump tax cuts. But we had blindfolds on when we picked that ’65 - ’15 interval using a dart board. Honest!
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