on May 5, 2025, 10:25 am
No, it's not about the election. It's about so called "tax cuts."
What a lot of people don't seem to realize is that tariff hikes are actually TAX HIKES on those less able to pay them. While dt says "Tariffs are going to make us rich" and that little girls may have to go from "30 dolls to two dolls"... one should think about WHO will benefit from his schemes, and at whose expense.
I tried to explain this to Scott on the yellow board. But then I started thinking about other ways that this administration is declaring war on those less fortunate with all the cuts they are making to other programs like SS, Medicare, Medicaid, USAID, FEMA, Education, etc.
Perhaps you could more accurately call what they are doing "The War on the Impoverished"?
Anyway, Scott was crying about taxes, so here is what I wrote to him.
"Tariffs = taxes
There may be a place and a time for some tariffs, but as Warren Buffet said today... "We should be looking to trade with the rest of the world, and we should do what we do best and they should do what they do best. Trade should not be used as a weapon."
Some more information for you...
Greed equals waste, fraud and abuse... WRIT LARGE!
America's top 1% have 40% of the nation's wealth, and bring in 24% of the income. CEOs make 380 times that of their average worker.
America's 1% hasn't had this much wealth since just before the Great Depression.
Who do you think should be paying more taxes in order to balance the federal budget? Those least able to pay, or those more able to pay?
Another snippet...
"The U.S. ranks high in terms of income inequality compared to other developed countries, particularly when considering wealth inequality. Before accounting for taxes and transfers, the U.S. ranks 10th in income inequality globally. However, after considering these factors, the U.S. has one of the highest levels of inequality, second only to Chile."
Think about this. Nobody likes to pay taxes, but in the US, the rich typically find ways to shift the burden of taxes to those less able to pay."
Message Thread
- Sia May 5, 2025, 3:39 pm
« Back to index | View thread »
RETURN TO MESSAGE INDEX PAGE
Board Moderators are Sia, Pikes Peak 14115, Amadeus, Poppet and
Trish