@founder; In America the tax system benefits the wealthy collusion of business..

avatar for CJKent (Banned)
CJKent (Banned)
Title couldn’t say it all.

@founder; In America the tax system benefits the wealthy collusion of business and politicians along with celebrities (1%).

This system of taxation, without real representation or benefits, is stealing our hard-earned money from us.  We have to give it up, because we have no choice.

Comments

last comment
I couldn't agree more.

Do you know what the biggest corporation in America is?
Walmart is more than double any other American corporate entity
There's a bigger one
In America? What American Corp does over 400 billion?
@founder;

The United States Government Is the largest corporatocracy in the world.
^Probably took this dumb ass a half hour on google
At least he figured it out
If you want to consider the us gov a corporation they lose money so their value is for shit sorry that’s not even accurate
avatar for RandomMember
RandomMember
.
5 years ago
I've posted about Trump's corporate tax cut several times -- maybe the only important legislation passed during Trump's three years in office.

It was supposed to stimulate business investment but it didn't, just as predicted. It helped increase our deficit substantially and the tax cut went into stock-buybacks and into the pockets of those payed primarily with stock (CEOs and top execs). So the @OP has a valid point.

And we have lots of older guys on a forum like this who will need SS and Medicaire to get by in old age. The deficit will surely be used to cut entitlements if Trump gets a second term.
avatar for RandomMember
RandomMember
.
5 years ago
*used as an excuse
Such a RandumbMember! Your so stupid you don’t know what you don’t know. You just think you know.

Always have this reminder of how stupidly bias you are, and you should wish in one hand and shot in the other to see which one fills up first. There’s a mountain of shit all in our hands as you type, Randumb!
"In America the tax system benefits the wealthy collusion of business and politicians along with celebrities (1%)."

No shit, Sherlock. In other news, the Dead Sea is salty.
The leaders of Walmarts are not elected. The leaders of our government are.

Our government plays a role which no private corporation ever could. Wrong to ever look at our government as something like a business.

During our years of greatest growth and greatest advancement for working people, our top marginal tax rate was 90%.

JFK lowered it to 70%, and that also seemed to work well. That is probably what we need to go back to.

Reagan gutted our progressive income tax, cutting off brackets above 40%. And so less money is there to keep the middle of economic scale alive. The money instead gets used to inflate the stock and real estate markets. We are dividing into the poor and the very rich.

We have allowed a Financializer Class to take hold, and so the labors of our nation serve only them. This is entirely unjust and counter productive.

Just two nights ago I saw someone wearing a "MATH" cap. I asked him if that was for Andy Yang, and it was, so we talked. We both agreed that Supply Side Economics was always a fraud.

SJG
Want to post add a comment?Join Now