The top 1% have created The Divided States of America
In my opinion the The Most Important things that have put our country in a state of civil unrest are:
1. Citizens United which has allowed the rich to corrupt our government.
2. Corporate Media that only cares about their ratings! Journalists who have integrity will be leaving.
3. Simple Minded people who swallow Trump’s Verbal Diarrhea instead of listening to the experts in their fields.
4. The collapse of the once Conservative Republican Party who are now MAGA.
For a true picture of America today and a historic capture of how we got here, everyone should read Heather Cox Richardson’s Substack from Saturday , April 13th.
Trickle down economics is like saying, “Yes, we see you are starving but we’re not going to give food to you. Instead we’ll give it to people who already have food so that their plates overflow and then you can have what falls off their plates (if anything does).”
It has NEVER worked and has ALWAYS been just another obvious lie by Republicans so they can give more to those who already have.
If the current system of taxation is not substantially, modified, the ultra wealthy will continue to suck up most of the available money, which means the purchasing power of the rest of us. If that occurs, anything the day is coming when the consumers on which are capitalistic consumer driven society is based, will be unable to purchase anything but their bare necessities. Given that our version of “capitalism off the rails” depends on consumption of unnecessary goods, there is a risk that the system will tumble down in the same way, though for different reasons as the Soviet union crumbled seemingly overnight. In other words, if the foundations are no longer strong, it will not be able to hold up an unsustainable form of capitalism.
Professor Reich: the reason the poors protect the wealthiest peoples' wage and productivity theft is because the poors operate under the lie that hard work = big wages. i was just attacked online this morning on this very issue: according to the white man who attacked me, the wealthy are wealthy because they worked hard, and if i don't like it, i can work harder too.
It's time to enlist in the class war started by the rich in 1980. They've been gaslighting us for more than 40 years, even accusing the working poor of waging a class war against them, those self-righteous maddafakkas. Tax their asses! They've concentrated all the wealth up at the top, and the country is falling apart. We need infrastructure, research, and basic human services like affordable health care and education. Tax their asses!
The tax on the wealthy needs to return to at least 1979 rates to propel the USA into the 22bd Century economically via infrastructure for modern transportation for cars & high speed rail can be built as well as complete the circle for non carbon non polluting energies for homes businesses etc.
Big carbon’s and her murderous benefactors grip on the world economies needs to end! They’ve created & caused enough pain & suffering ,…
In order to bring the country under control... the government... has to take control...which it can't do because it is underfunded. The guy/politicians who has/have the power to launch WWIII should have the "power and intelligence" to maintain the guard rails that "control" and "guide"the the economy. The government should set policy, regulations, code of ethics, and have the funding to afford to enforce the laws which should protect us against the threats both foreign and domestic... it does not. It is hopelessly underfunded.
Tax funding is supposed to protect the majority of the population although those taxes are not fairly regulated, when the few hold all the $'s. And thanks to Citizens United and the many other policies that favor the wealthy, our government is impotent, powerless, and no longer concerned for the people or controlled by the people.
Right you are, Prof. Reich! Indeed, you've pointed to the main economic trend over this past half century around the entire world: the filthy rich getting even richer. But I'm predicting that the climate crisis of global boiling will turn things around for us Democrats this summer. Why, we've just witnessed the 10th consecutive month (this past March) of intense heat all over the planet, from water rationing in Bogotá and breakbone fever in Buenos Aires to sinking islands in the Pacific and Indian oceans, from sewage filled rivers in England to starvation in Sudan and Gaza, flooding, excessive heat, etc., etc., etc. So when Trumplestiltskin cries "drill, baby, drill!", Americans will recall that the last time he was in power over 1 million MAGA-deaths occurred due to his stupidity in refusing to follow sound scientific advice. And they'll also feel on their skins, from the scorching sun and searing winds caused by heat-driven hurricanes coming from the ocean that if he has another chance there'll be 1 billion MAGA-deaths all over Earth from globl boiling. Go Joe and Kamala! We'll soon have an issue that's much more powerful than abortion to guarantee your relection and the Democrrats retaking control of both houses of Congress this November.
I've known trickle-down was a lie for decades, and I'm sure many others have, too, but we're not being heard, or if we are, we're ignored. American is now a country designed only for people with money. The rest of us, especially seniors, are being left behind. We aren't even close to being able to keep up with current prices in this overpriced market.
Poor people especially the working poor are burdened with a disproportionate share of taxes .
Trumpet 🎺 reviled he paid 1,500 ( one thousand five hundred dollars in federal taxes ) while I paid a similar amount my taxable income is less than 50k a year .
This tax system is a joke if a rich guy like trumpet 🎺 Chan chisel his way out of paying taxes but the working poor are the true foundation of this society are are doomed to die tired.
Trumpet 🎺 gave tax breaks to those who can more easily pay the taxes and retain a great deal of their disposable income .
Very popular guy with the well off because of his tax cuts that lit off the 8% true inflation currently under reported…
If I were rich I guess that explains trumpets 🎺 popularity with some individuals .
We should tax the $9,184 Trillion in payments made each year instead of our income.
If we taxed payments at 0.25%, we'd no longer have to pay any income taxes, Social Security taxes, sales taxes, or property taxes! Collectively we earn $22 Trillion, only 0.28% of the total payments in the economy. We're taxing the wrong thing when we tax income.
Why hasn't the Alternative Minimum Tax calculation worked? For several years, my wife and I got hit with AMT even though we weren't swimming in income and enjoying a lot of deductions. How about reforming that so it doesn't allow the wealthy (like the Quadefendant) to avoid paying their fair share, or in fact, having their lifestyles subsidized by the rest of us? Also, how about making sure it doesn't apply to middle class folks who are paying plenty?
This whole "trickle down" economics is a complete and total failure!! We are constantly drawing in our purse strings even tighter than before!! I wish that the richy rich would follow the example of Mark Cuban who paid a huge amount in taxes. He hasn't whined about it or tried to use loop holes to maneuver out of it. He just paid it! If the richy rich would stop being so selfish and greedy and started to pay their fair share, we would be a lot better off.
Wrong then, wrong now..... always wrong. End Citizens United and end the free flow of cash to buy elections. End elelctoral college to make every citizen's vote count. Pass Voting Rights. Viva the return to democracy.
On the same day that Most people have to pay their fair share I am happy that today is (hopefully) the beginning of citizen trump having to also pay up - once his trial is concluded by being found guilty of his felonies.
Plus, the do-nothing House is now scraping their plans for bs voting for freedom for appliances of all things now that Iran attacked Israel and finally looking at passing “something”. Ukraine goes through this type of bombardment almost daily but they don’t seem to care about them. Citizen trump put us in this mess by pulling out of the pact that kept Iran from enriching itself but the republicans seem to not remember that.
"Sell what you have and give to the poor", said Jesus of Nazareth, a Samaritan immigrant. "But when the young man heard that saying, he went away sorrowful, for he had great possessions." Greed, arrogance, and a corrrupt sense of entitlement in America's top 1% are indefensible according to the teachings of Jesus.
The top 1% have created The Divided States of America
In my opinion the The Most Important things that have put our country in a state of civil unrest are:
1. Citizens United which has allowed the rich to corrupt our government.
2. Corporate Media that only cares about their ratings! Journalists who have integrity will be leaving.
3. Simple Minded people who swallow Trump’s Verbal Diarrhea instead of listening to the experts in their fields.
4. The collapse of the once Conservative Republican Party who are now MAGA.
For a true picture of America today and a historic capture of how we got here, everyone should read Heather Cox Richardson’s Substack from Saturday , April 13th.
Trickle down economics is like saying, “Yes, we see you are starving but we’re not going to give food to you. Instead we’ll give it to people who already have food so that their plates overflow and then you can have what falls off their plates (if anything does).”
It has NEVER worked and has ALWAYS been just another obvious lie by Republicans so they can give more to those who already have.
If the current system of taxation is not substantially, modified, the ultra wealthy will continue to suck up most of the available money, which means the purchasing power of the rest of us. If that occurs, anything the day is coming when the consumers on which are capitalistic consumer driven society is based, will be unable to purchase anything but their bare necessities. Given that our version of “capitalism off the rails” depends on consumption of unnecessary goods, there is a risk that the system will tumble down in the same way, though for different reasons as the Soviet union crumbled seemingly overnight. In other words, if the foundations are no longer strong, it will not be able to hold up an unsustainable form of capitalism.
Professor Reich: the reason the poors protect the wealthiest peoples' wage and productivity theft is because the poors operate under the lie that hard work = big wages. i was just attacked online this morning on this very issue: according to the white man who attacked me, the wealthy are wealthy because they worked hard, and if i don't like it, i can work harder too.
It's time to enlist in the class war started by the rich in 1980. They've been gaslighting us for more than 40 years, even accusing the working poor of waging a class war against them, those self-righteous maddafakkas. Tax their asses! They've concentrated all the wealth up at the top, and the country is falling apart. We need infrastructure, research, and basic human services like affordable health care and education. Tax their asses!
The tax on the wealthy needs to return to at least 1979 rates to propel the USA into the 22bd Century economically via infrastructure for modern transportation for cars & high speed rail can be built as well as complete the circle for non carbon non polluting energies for homes businesses etc.
Big carbon’s and her murderous benefactors grip on the world economies needs to end! They’ve created & caused enough pain & suffering ,…
In order to bring the country under control... the government... has to take control...which it can't do because it is underfunded. The guy/politicians who has/have the power to launch WWIII should have the "power and intelligence" to maintain the guard rails that "control" and "guide"the the economy. The government should set policy, regulations, code of ethics, and have the funding to afford to enforce the laws which should protect us against the threats both foreign and domestic... it does not. It is hopelessly underfunded.
Tax funding is supposed to protect the majority of the population although those taxes are not fairly regulated, when the few hold all the $'s. And thanks to Citizens United and the many other policies that favor the wealthy, our government is impotent, powerless, and no longer concerned for the people or controlled by the people.
Right you are, Prof. Reich! Indeed, you've pointed to the main economic trend over this past half century around the entire world: the filthy rich getting even richer. But I'm predicting that the climate crisis of global boiling will turn things around for us Democrats this summer. Why, we've just witnessed the 10th consecutive month (this past March) of intense heat all over the planet, from water rationing in Bogotá and breakbone fever in Buenos Aires to sinking islands in the Pacific and Indian oceans, from sewage filled rivers in England to starvation in Sudan and Gaza, flooding, excessive heat, etc., etc., etc. So when Trumplestiltskin cries "drill, baby, drill!", Americans will recall that the last time he was in power over 1 million MAGA-deaths occurred due to his stupidity in refusing to follow sound scientific advice. And they'll also feel on their skins, from the scorching sun and searing winds caused by heat-driven hurricanes coming from the ocean that if he has another chance there'll be 1 billion MAGA-deaths all over Earth from globl boiling. Go Joe and Kamala! We'll soon have an issue that's much more powerful than abortion to guarantee your relection and the Democrrats retaking control of both houses of Congress this November.
I've known trickle-down was a lie for decades, and I'm sure many others have, too, but we're not being heard, or if we are, we're ignored. American is now a country designed only for people with money. The rest of us, especially seniors, are being left behind. We aren't even close to being able to keep up with current prices in this overpriced market.
Poor people especially the working poor are burdened with a disproportionate share of taxes .
Trumpet 🎺 reviled he paid 1,500 ( one thousand five hundred dollars in federal taxes ) while I paid a similar amount my taxable income is less than 50k a year .
This tax system is a joke if a rich guy like trumpet 🎺 Chan chisel his way out of paying taxes but the working poor are the true foundation of this society are are doomed to die tired.
Trumpet 🎺 gave tax breaks to those who can more easily pay the taxes and retain a great deal of their disposable income .
Very popular guy with the well off because of his tax cuts that lit off the 8% true inflation currently under reported…
If I were rich I guess that explains trumpets 🎺 popularity with some individuals .
The rich get richer the poor get babies…
We should tax the $9,184 Trillion in payments made each year instead of our income.
If we taxed payments at 0.25%, we'd no longer have to pay any income taxes, Social Security taxes, sales taxes, or property taxes! Collectively we earn $22 Trillion, only 0.28% of the total payments in the economy. We're taxing the wrong thing when we tax income.
see https://www.thefoundationforabettereconomy.org/
Why hasn't the Alternative Minimum Tax calculation worked? For several years, my wife and I got hit with AMT even though we weren't swimming in income and enjoying a lot of deductions. How about reforming that so it doesn't allow the wealthy (like the Quadefendant) to avoid paying their fair share, or in fact, having their lifestyles subsidized by the rest of us? Also, how about making sure it doesn't apply to middle class folks who are paying plenty?
This whole "trickle down" economics is a complete and total failure!! We are constantly drawing in our purse strings even tighter than before!! I wish that the richy rich would follow the example of Mark Cuban who paid a huge amount in taxes. He hasn't whined about it or tried to use loop holes to maneuver out of it. He just paid it! If the richy rich would stop being so selfish and greedy and started to pay their fair share, we would be a lot better off.
Wrong then, wrong now..... always wrong. End Citizens United and end the free flow of cash to buy elections. End elelctoral college to make every citizen's vote count. Pass Voting Rights. Viva the return to democracy.
On the same day that Most people have to pay their fair share I am happy that today is (hopefully) the beginning of citizen trump having to also pay up - once his trial is concluded by being found guilty of his felonies.
Plus, the do-nothing House is now scraping their plans for bs voting for freedom for appliances of all things now that Iran attacked Israel and finally looking at passing “something”. Ukraine goes through this type of bombardment almost daily but they don’t seem to care about them. Citizen trump put us in this mess by pulling out of the pact that kept Iran from enriching itself but the republicans seem to not remember that.
"Sell what you have and give to the poor", said Jesus of Nazareth, a Samaritan immigrant. "But when the young man heard that saying, he went away sorrowful, for he had great possessions." Greed, arrogance, and a corrrupt sense of entitlement in America's top 1% are indefensible according to the teachings of Jesus.