Yeah, 1% tax break and 25% tariffs, kinda like the snap and ssi programs, 1 step forward and a marathon backward, $2 raise, and 30 people increase the poors basic needs by $3. Messed up arithmetic, it doesn't need to be cut. It needs fixed to reflect reality.
A 4% Wealth Tax on total hoardings over $400 million, until national debt drops to less than $1 trillion. Then 2% from $1 trillion to $100 million. You know, give plutocrat money hoarders a goal and some hope.
Let's call it something pithy: "The Trickle Down Assurance Tax of 2026"?
Removing the cap on Social Security makes more sense than privatizing. I will never be able to live on the 60$ a month from my 401k. But isn't that what billionaires want?
If we’re cutting taxes, we need to cut Trump’s golf outings and renovations to the White House. If we can’t afford to feed kids, we can’t afford his trivialities.
He believes he's a different "we" than you. To him, $3M for a weekend of golf makes sense, it's important, he's the President. Your kids are not important, they provide funds for his golf and feeding them, that's your problem.
Seriously, "trickle-down economics" has to be one of the two biggest lies in the whole of recorded history – right up there next to "the divine right of kings".
THIS 👆🏿
The start of the original government PONZI SCHEME. Introduced by Ronnie Reagan as president, it was one of the nearly 60% of Reagan administration's policy agendas that came directly from the #HeritageFoundation 's ultra conservative think tank.
.
(aka "voodoo economics")
BUT. If we gave money to the poor, it would immediately trickle up as those poor bought goods and services that they couldn’t afford without government help.
Giving to the poor ACTUALLY HELPS the economy.
Wonder why the Inflation Reduction Act was so effective in helping the US economy bounce back?
We don’t have to eat ALL the rich. Just publicly fry up one billionaire, served on a stick like a carnival corndog; and I think that the rest might get the message.
Well, maybe fry up 2 or 3… but certainly not all. 😬
Here’s an idea. Why don’t we look at services the government can provide with our tax dollars that relieve or eliminate some financial burden else where.
This is their only agenda, tax cuts for the super, super, super rich. The only way they can get ordinary people to vote against their own interest is with the ridiculous culture wars. Rinse. Repeat.
It’s far worse than this. A revenue loss of 0.5 trillion per year removes benefits amounting to $4000 per household per year (on average, roughly independent of SE status). You lose unless your taxes are reduced by more than $4K! Only the top 20% see that net benefit.
Money DOES NOT Trickle Down, it Trickles Up and will stay there unless TAXED. "He who dies with the most money, IS STILL DEAD"- words by Right Wing Radio Host Dave Ramsey in one of his more Lucid Moments.
Let's be real. If Republicans give EVERYONE a 5% tax cut. Anyone making $50k would get a break of $2500. $100k would get $5k.
Every billionaire would get $50m FOR EVERY BILLION DOLLARS.
5% tax cut. And for $2500 you get to lose police, fire, health, weather, clean air, water, land, housing. Deal?
To get this, they cut Social Security, Medicare, Medicaid, help Putin, abandon NATO, fire air controllers, weather, cancer, alzheimer, scientist and researchers, leave your roads and traffic where it is. To begin with. And gift Elon Musk and friends.
It's actually worse than that in reality, because the regressive tariffs constitute a tax on the bottom 3 quintiles that will more than offset any benefits from their tax cuts. For the 4th quintile, it's probably a wash at best.
Facts. You can’t beat FACTS. You people who voted for Trump who are not in the Billionaire class. Look what you’ve done to yourselves. Yeah we got hit but we clearly saw ours coming. What the hell were your brain’s working on?
The rich can’t even imagine the losses they incurred by believing in trickle down. Trickle Up theory would have made this country massively rich a long time ago and them even richer
Shit.. There when all our programs that keep us safe, prosperous, and healthy..
All on the left column. All because a bunch of despotic fascists want more power.
The proof is that in the last 40 years, trickle down has made millionaires into billionaires and the middle class into the working poor. The money is not trickling down. Yet the poor working class magots defend this s***.
If you are a British citizen and believe that the United Kingdom should rejoin the European Union, please sign this motion on https://Change.org. It seeks to call for a new Brenter referendum to be held.
Exactly!!! And they end up bailed out and the public pays the price--twice !! So if you wonder why the Elites keep doing this to us, just remember-- It cost THEM nothing. Meanwhile, Poor people and immigrants get the blame. https://www.youtube.com/watch?v=TvGKCZvCUh8
65% of veterans voted for Trump, backing policies that hurt others. Now, many face the consequences. The right calls the left 'snowflakes,' but it's the right who complain the most. At least the left fought for a better life for everyone.
You see, professor… if we give money to poor people it will trigger inflation, so we let the rich keep all the money nice and safe. This helps the working class. 😉
They chose the word “trickle” because even then they had to make clear no real money was going to go down to the middle class. It’s punishment for not being born rich.
I’ve said it before but the last ”tax cut “ increased my taxes and I’m a single, public school teacher who moonlights in a prison as a tutor. I guess I’m just a “woke target” being punished for my fancy online graduate degree. /s
Trickle down assumes there is something that has $ value to trickle down but in this case, the rich keep all the money and the poor and working classes get nothing from them.Nada.Zilch.
In theory, it looks good. Give the money to the top 1%, and they will pass it down to the rest of us. Human greed says, "Give them the money, and they will just keep it.""
Trump threatens Canada with 250% tariffs on dairy and lumber, possibly causing economic instability.
This may exacerbate risks of financial market turmoil, delay consumption, and investment decisions by people and businesses, and prompt lenders to tighten the credit supply.
Thought gravity defying initiated 40 years ago under President Reagan? And it's going to change direction on this PINO's order? Perhaps I've got that wrong⁉️
Comments
And trump is eliminating the Department of Education.
All we'd lose is the parasites feeding off them and screwing the rest of us.
Let's call it something pithy: "The Trickle Down Assurance Tax of 2026"?
I oppose Income Tax
I oppose Sales Tax
SAF-T [Simple And Fair Tax]
eliminate all current taxes
Tax NET WORTH of all entities at same rate
No deductions. No exceptions.
Rate = 105% last year's budget / total net worth of nation
0.15% lowers taxes for nearly all, produces surplus
Tax rate nearly 3 times what I said
I went back and recalculated
U.S. Net Wealth of individuals in 2023 ~ $135T
corporations ~ $515T
churches ~ $232.54T
US Federal budget = $6.16T
$6.16T x 1.05 = $6.468T
6.468/747.54 = 0.865%
Still, HUGE savings for nearly all
And budget surplus
Wouldn’t be this way if the working class MAGA stop voting against their own interests.
#TrickleDownTricklesUp
Give the poor money and they will circulate that money back into society.
The start of the original government PONZI SCHEME. Introduced by Ronnie Reagan as president, it was one of the nearly 60% of Reagan administration's policy agendas that came directly from the #HeritageFoundation 's ultra conservative think tank.
.
(aka "voodoo economics")
Giving to the poor ACTUALLY HELPS the economy.
Wonder why the Inflation Reduction Act was so effective in helping the US economy bounce back?
Well, maybe fry up 2 or 3… but certainly not all. 😬
Void Space x contracts
Cancel Tesla truck order
but it's slim to nothing if that happens
it's a Coup
2017 tax changes hurt people
The rich write off & fake donations
Believing in Santa Claus is more sensible.
It’s just tax cuts for the rich, tax increases for the poor.
Your messaging is bad and only caters to a niche audience that frequently does not vote for democrats
Pain and misery will trickle down.
#resistance
#wethepeoplearepissed
Every billionaire would get $50m FOR EVERY BILLION DOLLARS.
5% tax cut. And for $2500 you get to lose police, fire, health, weather, clean air, water, land, housing. Deal?
The wealthy paid to have the rules written,
everything that increases wealth does not count as income
SAF-T [Simple And Fair Tax]
eliminate all current taxes
Tax NET WORTH of all entities at same rate
0.15% lowers taxes for nearly all, produces surplus
Unconstitutional Illegal Presidency
https://youtu.be/CcUzoe6eXvw
Amnesty law
play from begining
All on the left column. All because a bunch of despotic fascists want more power.
By GOVERNMENT
they are NOT self made
It’s a Reverse Jesus Policy
Don’t tell me Republicans are Christians
#checks&balances
I'm thinking of President Carter right now . . .
... people like him are becoming fewer and fewer.
💠 😔 💠
I learned so much about Carter that I didn’t know in the many moving tributes after he passed.
https://chng.it/YhzMhxHp9W
Would LOVE to re-join.
Unfortunately, the scope for further uncertainly during a referendum followed by a humiliating ‘non’ is palpable.
The only way is to negotiate and be guaranteed an acceptance if voted for in a referendum.
The EU, should invite us back.
Sh_tuff always trickles/flows downhill!!
😉
When will people realise that ‘trickle down’ policies only make the wealthy, wealthier.
The plan is crash the economy.
Take all the Jobs
Call working people lazy
Blame minorities, immigrants.
Screw Arthur Laffer💩
https://www.youtube.com/watch?v=TvGKCZvCUh8
Calling all veterans!
Time to suit up, so they shut up!
https://www.tiktok.com/t/ZP8228cbk/
https://www150.statcan.gc.ca/n1/daily-quotidien/230704/dq230704a-eng.htm
Trickle Down. Shit still rolls downhill.
This may exacerbate risks of financial market turmoil, delay consumption, and investment decisions by people and businesses, and prompt lenders to tighten the credit supply.
That man is crazy!!!