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There are two ideas of government. There are those who | 2024-03-09 | 10 | - | 1 | 2 | tax |
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========== There are two ideas of government. There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests upon them. William Jennings Bryan, 1896 https://en.wikipedia.org/wiki/Cross_of_Gold_speech Bimetallism quickly came and went, but the fundamental difference between protecting the ruling class from the masses, vs protecting the masses from the ruling class, hasn't changed a bit. GOP politicians won't usually say, right out loud in public, that their primary job is to protect the wealth and power of their megadonors; they usually say the opposite in public of what they tell their megadonors in private. So if they wanted to stop illegal immigration, they'd set up barb wire concentration camps in the hot Texas sun - and put their megadonors who hire illegal immigrants there. But they don't want to stop illegal immigration - they'd lose a vital campaign issue, and their megadonors would lose their supply of cheap docile exploitable labor and respond by funding somebody else in the next primary. That's why decades of hard-wrought bipartisan compromise immigration reform proposals never get taken up by Congress. In a similar vein, if the GOP wanted to do something about the budget deficit, they'd repeal their 2017 megadonor tax cut bill. But all the talk about balanced budget is just code for eliminate medicaid, obamacare, medicare, and social security. Just like States rights has been code for, successively, Slavery, Segregation, and Suppression of voters, especially the formerly enslaved and segregated. Not all taxes are levied by government, and it's a principle of GOP that taxes should be levied by megadonors on the masses, by time-honored means such as monopoly pricing, union busting, deregulation, and putting the dirty work in or near poor neighborhoods. So their goal is do God's work of rewarding the virtuous rich and powerful by taxing the lazy and improvident. And if that doesn't accord with the scripture YOU read, rest assured that they have clerics on board who will explain it their way. Tax cuts never work the way they said they would. That's no surprise to anybody - just about every serious economist knows better - and says so. But as with clerics, there are economists who can be bought/brought on board to supply a side of Lafferble arguments - https://en.wikipedia.org/wiki/Laffer_curve Trump promised one thing in the 2016 campaign but gladly signed the opposite - https://www.one-flat-tax.net/ Trump doesn't have the attention span or knowledge or interest for the nitty-gritty of working out the details of legislation, so he just let McConnell and Ryan come up with something/anything he could sign. Just as with installing a reactionary Federal judiciary to defend minority rule, Trump's role was messenger boy between Leonard Leo and Mitch McConnell. The 2017 megadonor tax cut was the highlight of Paul Ryan's legislative career. He was so proud of what he did for the masses that he tweeted about it. https://www.cbsnews.com/news/paul-ryan-deleted-tweet-tax-150-pay-increase/ And then he concluded that it wasn't such a good message for the 2018 elections after all, as far as influencing voters. But it worked as intended for influencing megadonors, who got a lot more than $1.50/week out of it. https://www.bloomberg.com/opinion/articles/2024-03-04/america-s-big-tax-cut-wasted-almost-2-trillion #PS1tax ===== comments 1 impact 166 impactrate 1 negative 0 posted 2024-03-09 ratio 3 react 3 reactrate 0 sharesrate 0 sumclicks 2 title There are two ideas of government. There are those who topic tax wordrate 2 words 552 audclicks 2 commentsimpress 1 epoch Lifetime ID 796251102549500 impress 19 matchedlinkclicks 1 matchedotherclicks 1 pageid 534332363577954 pagename "Political scrapbook" posted "03/09/2024 16:03" rcs 1 reach 10 title "America Blew Almost $2 Trillion. Make It Stop." type Link URL https://www.facebook.com/politicalscrapbooknet/posts/796251102549500