That's funny! I know many people who just got pay increase! HOW'S THAT POSSIBLE?
3
points
2
points
90% gains to the rich are justified if you throw some scraps to the workers. according to Fromwithin Oh, the Nancy Pelosi, "just crumbs" bullshit. Some of what it looks like you do not understand is what it means to be rich. Rich people do not have their wealth in gold bars in their closets. Their wealth is primarily in the form of workplaces for other people. Microsoft constitutes the vast majority of Bill Gates wealth. The same goes for Zuckerberg and Facebook. Most of the Walton family's wealth is whatever Wal-mart is worth. This goes on and on. The less these folks and heir companies are taxed, the more capital they have to invest. Most is going into reinvestment in facilities, machinery, and other capital expenditures. This translates to jobs. Some of this tax savings is going to stock buybacks, which increases the stock value, helping all the folks with 401k plans, including many of their employees. 1
point
Ah so the estimated 2.7 trillion in offshore accounts and the cost of all of their private estates are just my imagination. Youre leaving out all of the people who operate merely as investors. Youre leaving out hedgefund managers and payday loan lenders. The prior just manipulate money to make more money and the later exploit lower middle and lowerclass people with predatory loans. This tax break affects more than just those who actually produce. And the waltons still make an obscene amount of profit off of their business so dont just absolve them. They deserve absolutely 0 savings in taxes. None. Zip. Zero. Corporate profits are at an all time high. This tax break couldve easily been a huge middle class tax break off of the backs of the corporate class, but its not. It PRETENDS to be that. But it does its job so inefficiently that it regresses backwards the other way. 1
point
90% gains to the rich are justified if you throw some scraps to the workers. according to Fromwithin Oh, the Nancy Pelosi, "just crumbs" bullshit. Some of what it looks like you do not understand is what it means to be rich. Rich people do not have their wealth in gold bars in their closets. Their wealth is in the form of workplaces for other people. Microsoft constitutes the vast majority of Bill Gates wealth. The same goes for Zuckerberg and Facebook. Most of the Walton family's wealth is whatever Wal-mart is worth. This goes on and on. The less these folks and heir companies are taxed, the more money they have to more capital they have to invest. Most is going into reinvestment in facilities, machinery, and other capital expenditures. Some of this tax savings is going to stock buybacks, which increases the stock value, helping all the folks with 401k plans, including many of their employees. Oh, the Nancy Pelosi, "just crumbs" bullshit. Bullshit? Trickle down economics has been debunked by pretty much every serious economist and finance academic in the entire world. Why don't you look up the work of Professor Ed Herman for further reference? Some of what it looks like you do not understand is what it means to be rich. Rich people do not have their wealth in gold bars in their closets. Their wealth is in the form of workplaces for other people. I think it is you who does not understand it. Being rich is a social construct. It has real consequences, but it is a social construct in that the definition of it depends on the divide between you and others, not how much wealth you have. No matter how much wealth you have, if most other people had that same amount, you would at best be average, not rich. It is a way for people who wish to be powerful to exercise their dominance over others and that is the only purpose it serves to our existence. When a workforce sees a cut in the tax deductions taken from their wages it gives them the stimulus to increase productivity which automatically boosts their employer's profits. Most good employers will return a fair percentage of these increased profits to their employee's pay packets. 1
point
1) https://www.nationalrighttolifenews.org/news/wp-content/uploads/2017/09/2017Trumpbadmedia.jpg 2) https://standupforamerica.files.wordpress.com/2009/08/media-bias-pie-chart.gif 3) http://t0.gstatic.com/images?q=tbn:ANd9GcQSpntJw-E2yY79wPt9m9oY09410u-RvZyg7K3Aa8PYjbnoKJjOQ 4) https://www.studentnewsdaily.com/wp-content/uploads/2015/05/mrc-chart-820x493.jpg 5) http://3.bp.blogspot.com/44b4JEQnkPs/TUw1Xa2o88I/AAAAAAAAAKY/7dF16NtoBUQ/s1600/MBBChart1A.jpg 6) 7) https://images-na.ssl-images-amazon.com/images/I/41baESRpMCL.ACUL320SR214,320.jpg 8) https://archive.mrc.org/biasbasics/images2005/MBBChar2E.jpg 9) https://archive.mrc.org/biasbasics/images2005/MBBChart1C.jpg 10) https://i.pinimg.com/736x/93/72/c9/ 1
point
Balrog, I went from making $2,400 a month take home pay to $2,670 a month Good for you! My take home pay is about $210 more per month as a direct result of the tax reform. By contrast, my take home pay dropped by about $300 dollars per month when Obamacare started up. My paycheck tells me clearly who is actually looking out for the little guy. It turns out it is the billionaire. |