Eventually trickle up poverty
Not sure who they think is going to be buying what they produce, but we will see revenues declining eventually and the gdp take significant hits as the consumer market dries up
MAGAs will love it right up until the day they need medical care. Then, and only then, will they take notice. And when they do, they will blame Biden. How do we deal with such idiocy?
So likely 1000+ by 2029
(and Musk first trillionaire)
We need 10% minimum tax rate on billionaires
and billion dollar corporations
no matter what tricks they use to pay zero tax
always 10% minimum regardless
no cuts needed
I have an idea!
@rbreich.bsky.social
Dems aren’t afraid of DJT & EM. Repubs seemed terrified to vote against DJT out of fear of retribution. Any moderate, reasonable Republican should change parties and start voting with the Democratic caucus to stop the madness. Can any be convinced to switch?
Criminal Trump is not cutting government spending. He is redirecting to Elon Musk's businesses & Criminal Trump is getting a cut.
The Nation dept will be increasing & Criminal Trump will show smok & mirrors to fool people.
We need to keep track of Trump's looting.
The National Debt as of
today.
I know people who qualified for the Medicaid expansion. They are extremely stressed out, worried they are going to lose their only Healthcare & not any insurance because the ACA is closed until the end of the year.
What are those people supposed to do about their $500, $800 prescriptions?
In plain English, "They are killing Americans."
Every action they have EVER done was to intentionally harm or kill Americans. Legislately, justice wise, financially, pharmaceutical wise, FOOD WISE, laws wise, Constitutional wise, weapons wise, etc.
It's time to removed #Despotism from America.
it's time democrats started finding ways to take oligarcks monies by the trillions and not giving it back don't care if it is by legal means or not just start fucking them over seriously
This needs to be an ad in every newspaper, on every social media site, and on every telephone pole. Democrats need to share the hell out of this! How do we get this to the people who aren’t paying attention or are being lied to on their “news source”?
If the tax on Social Security was completely abolished, the average American would gain roughly $200 - $300 per month based on current average earnings, but this can vary depending on individual income levels and employment status. Would you be against Robert just because its Trump idea?
Your “ idea” favors the wealthy in so many ways & hurts society in so many ways. Not everyone is a wage earner. These payroll taxes also fund Medicare. How many people are hired after age 65 to maybe, just maybe get health insurance through their employer? I’ll let Mr. Reich explain it from here.
Im sure I missing a lot but They said it would not be on the table until they reduce the federal debt. They did not give an amount other than their target of 2 trillion. They are supposably at 560 billion right now that they can reduce on the next budget.
Sorry, but the GOP has always wanted to completely undo the social safety net for a variety of reasons. I suggest you go to Robert Reich’s YouTube channel and click on his explanations.
First off, Robert doesn't agree with your notion.
Second, the problem isn't your taxes... the problem is your income. Your employer should pay you more, and the executive staff should make less.
If you think SS should pay more or start earlier, I’m totally on board with you. The GOP has been reducing its value for a while. But eliminating it is not an option. SS has reduced poverty by 30%-40%, which is far more important than an extra $250.
Keep exposing them when will the people in the “red states” catch on? Stop this overthrow of democracy we don’t want an oligarchy… We don’t want to be Putin’s puppets.
It was middle age voters who did it…50-64. A lot of older people get their news from fox and you know what that means And just like everything else happening you cant be happy about harming the 50% who voted and campaigned against him too…
In my state of Oregon, this food program they want to cut, also can help pay for a seniors lunch when on a fixed income and/or disabled. People do pay with cash but there are different ways to pay for the Meals on Wheels. It's not just one way or the highway!
When do we hold The Heritage Foundation accountable? At this point the organization should be considered a terrorist organization and a hostile domestic entity bent on this coup and destroying the U.S. Government!
They are trying to get MAGA support by not taxing tips & over time, while taking away childcare tax credit, mortgage interest deduction, and head of household. Smoke & mirrors. I hope they don’t fall for it!
So how many people do we need to see die, go bankrupt, be homeless and hungry before we get some idea if our elected officials have a plan to do something about this?
Do we wait until March 1st when none of our senior citizens get Social Security or sit tight for the March 15th government shutdown?
Disgusting tactics. I keep thinking his base knew not what they voted for. If I believed that they actually did understand what he was going to do, I would no longer believe in the basic kindness of people. To think cruelty is now the norm is a mental space I cannot embrace.
Plots like this one ought to be on the front pages of newspapers, not just photos of the bandits picking the American people’s pocket with some anodyne headline about “dynamic change” and “shaking up bureaucracy”
It’s right there in front of your faces. Now what are you going to do about it? Red states, you’d better sound off because you’re the bottom of the barrel and will definitely feel this the worst!!!
Serious question. What should we average citizens be doing with our money? My parents were depression kids. They told horror stories about their parents losing their money. Help!
For every billion taken away from average people to feed Billionaire tax cuts, there needs to be another Luigi moment. Fewer billionaires = less need for average people to suffer.
Every little bit helps! If every American loses just one dollar, then that’s $350 million that could go into the pockets of the billionaires in this country!
If they deport the pool of cheap workers, it becomes necessary to replace them with similarly poor and desperate people who will accept any low ball, high risk job. This becomes easier either the 1970 OSHA Act repealed. So, ordinary Americans are downtrodden into exploitable labor.
Support the economic boycott day of February 28th! Don't buy anything and protest the Republicans sacrificing elderly middle class workers, Vets, and working poor!
The good old Republican playbook as they lie to the voters election after election. How many times do we have to go through this before people wise up?
Voters don’t understand numbers and statistics. Somehow we have to show them that they specifically will be affected. Reporters should hit them with concrete examples.
We need to test to vote. They wouldn't let a kid fly a plane. They shouldn't let people with the intellectual capacity of 3rd graders vote for our future.
This is the Heritage Foundation run amok. They are the true threat and the ones who need to be outed and stopped. The money driving this is more dangerous than the politicians executing the Heritage Foundation plans. #NoShadows #OutTheFascists #EndHeritageFoundationCabal
Thank you. That is what it's about..., not federal employees, not the Kennedy Center board, not inequitable NYC congestion pricing, not elite journalists bucking CNN and the WaPo, not even Donald Trump, and especially not the goddamned Democratic Party establishment that imploded last year.
We have to stand up to this garbage - we have to look out for eachother! This cannot happen! Can someone with a big following organize us to raise our voices, in unison, against this tyranny?!!!!!!
Republicans in Congress are cracking!
After being beat up in town halls.
Phones won't stop ringing.
Wondering what would happen to they if they stoop up.
Call them, visit their local office.
Keep up the pressure!
Today do something!
Pick up your phone.
You have power.
More than you know.
Use it!
Action Required:
Put pressure on Republicans. Call them everyday!
The power is in your hands, our hands!
You are strong!
What you can do today AND everyday!
Call your representatives in the House and Senate
Local and Federal.
Especially if they are Republicans.
Everyday a different subject.
💙🇺🇲💙🇺🇲💙
Elon is using his puppet Trump to finance a trip to Mars and Trump will get the money from all the workers that have been fired and all the benefits that have been taken away from Americans. Guess who is stepping from billionaire to trillionaire
99% sure I know at least 5 people who'll be on that list without food and healthcare. They're not lazy... some times life is just a nightmare for a while.
The 1%->99% trickle up with the 134,216,000 households* is
1.1e12/(134216000*0.01)=$819574 in tax cuts per 1% household, & 1.1e12/(134216000*0.99)=$8278 in service cuts per 99% household.
Well, specifically republican voters b/c they always fall for trickle-down (that's what happens when you don't read) and let's not forget those "both sides are the same so why bother voting" nonvoters. Their nonvote 100% counts as a vote for this.
Trickle up is when you stimulate the economy by giving money to the bottom, who will actually spend and stimulate. The top is *supposed* to work for it to trickle up, but when you are so stupid as to fail to tax profits, the top just raises prices, and you get inflation instead.
Mr. Reich, how about taking on Elon Musk's latest false narrative: “The actions that we're taking ... are what will save Medicare, what will save Social Security. Because if the country goes insolvent ... there's no money left for anything. That's the reason I'm doing this."
Someone should figure out that these people who have no reason to help the less fortunate are setting the less fortunate for total annihilation. Tyrants know that genocide will keep them in power. It’s a weapon of fear and entitlement. Just saying
Comments
Not sure who they think is going to be buying what they produce, but we will see revenues declining eventually and the gdp take significant hits as the consumer market dries up
Apparently over 850 now
So likely 1000+ by 2029
(and Musk first trillionaire)
We need 10% minimum tax rate on billionaires
and billion dollar corporations
no matter what tricks they use to pay zero tax
always 10% minimum regardless
no cuts needed
@rbreich.bsky.social
Dems aren’t afraid of DJT & EM. Repubs seemed terrified to vote against DJT out of fear of retribution. Any moderate, reasonable Republican should change parties and start voting with the Democratic caucus to stop the madness. Can any be convinced to switch?
Sometimes that system doesn't work out so well for the elites.
The Nation dept will be increasing & Criminal Trump will show smok & mirrors to fool people.
We need to keep track of Trump's looting.
The National Debt as of
today.
What are those people supposed to do about their $500, $800 prescriptions?
What about over time?
Oh yeah....
Every action they have EVER done was to intentionally harm or kill Americans. Legislately, justice wise, financially, pharmaceutical wise, FOOD WISE, laws wise, Constitutional wise, weapons wise, etc.
It's time to removed #Despotism from America.
Second, the problem isn't your taxes... the problem is your income. Your employer should pay you more, and the executive staff should make less.
Seniors overwhelmingly vote Republican.
Fuck it.
Make those cuts! They deserve it.
FAFO
It they touch SS, then it's a trip to Washington.
They started with offering up complicit federal and #SCOTUS judges with #Bush. Picking the cabinets of DJT #45 and #47.
Then they fabricated #PresidentialImmunity via semantics.
Pull yourself up to the Economically Viable pose.
Coming next week, Peasant Pilates.
Do we wait until March 1st when none of our senior citizens get Social Security or sit tight for the March 15th government shutdown?
While FDR gave us #TheNewDeal with social safety nets and an infrastructure to ease poverty, Trump is inflicting us with
#TheRawDeal
Bilking millions out of their economic security
#BlueCrew
https://youtu.be/6G8fu50VRXo?si=YKdp8QBRkawXuXqr
THE PLAN IS TO DO WHAT HITLER DID.
Are you hearing this?
THE PLAN IS TO DO WHAT HITLER DID.
Hello? Listen, Linda.
THE PLAN IS TO DO WHAT HITLER DID.
Wake up! Yes, YOU!
THE PLAN IS TO DO WHAT HITLER DID.
Here, see for yourself...
https://www.tiktok.com/t/ZP8YbmQgV/
Fascists want cuts to Medicare/Medicaid & KetaMusk is diddling SocialSecurity.
This is EUGENICS!
Millions die & MAGA FASCISTS brag about saving money.
#AutoGenocide
It's not cuts to Medicaid; it's the elimination of Medicaid.
We are talking SERIOUS FUCKING crime waves when you take their money and food away!!!!!!!!!!!!!!!!!!!!!!
They will rip cities to pieces.
After being beat up in town halls.
Phones won't stop ringing.
Wondering what would happen to they if they stoop up.
Call them, visit their local office.
Keep up the pressure!
Today do something!
Pick up your phone.
You have power.
More than you know.
Use it!
Put pressure on Republicans. Call them everyday!
The power is in your hands, our hands!
You are strong!
What you can do today AND everyday!
Call your representatives in the House and Senate
Local and Federal.
Especially if they are Republicans.
Everyday a different subject.
💙🇺🇲💙🇺🇲💙
99% sure I know at least 5 people who'll be on that list without food and healthcare. They're not lazy... some times life is just a nightmare for a while.
1.1e12/(134216000*0.01)=$819574 in tax cuts per 1% household, & 1.1e12/(134216000*0.99)=$8278 in service cuts per 99% household.
+$819,574 for the 1% versus -$8278 for the 99%
* 2024 per https://census.gov
https://bsky.app/profile/rbreich.bsky.social/post/3lin6q6vrtx2d
Let's have tax down economics. Or
No billionaire should exist taxation.