Tag: tax
VOICES
C-Span offered a vibrant discussion about socialism v capitalism in Congress today. The USA is mega capitalist. Here is an informative perspective
FAST TALK AND FUDGE
As I watch Katy Tur interview Byron Donald on MSNBC on 1/26/2023, one appreciates her attempts to clarify his rhetoric. Especially strained is Mr. Donald’s statement that we must never cut taxes on the oligarchs, because they are the money makers (paraphrase). If that statement held water, the USA would not have a large national debt. Mr. Donald talks fast, possibly to avoid clarity or explanation.
WHEN COMPETITION IS AMONG CONSUMERS
The topic of the awkward Trump tariff has roiled in one’s mind for some time, and it is mystifying that few others notice this albatross around the neck of the US public. Typically a tariff is imposed in order to balance American imports and exports to enhance exports over imports to accomplish the end of cash flowing into the USA rather than out of the USA. The US governing body duopoly of Democrats and Republicans have collaborated over years to send manufacturing and jobs overseas. And so to place a tax upon imports accomplishes nothing other than further taxing the US consumer. One has heard bureaucrats ‘splain away the Trump tariff by saying it was implemented for geo-political reasons. This charmingly snarky ‘splanation is typical of the jargon that passes for news these days. And too many of the public smiles and nods and says “oh, okay”.
SHIP OF FOOLS
To provide relief to targets of predatory debt and educational institutions, mirrors similar approaches by government to the disease-care industry. In both scenarios the middleman is protected at the expense of the targets and byway of politicians bought into public “service” via Citizens United who are deft at maintaining the structure which is capitalistic hierarchical Establishment that in another place and time could be called dictatorship, and that has little to do with free market principles.
FINE THE POOR OR TAX THE RICH?
The money to run government must come from somewhere. Citizens United seems an apt system in which Pyramid Schemes thrive.