This is why we have debt. It’s tax cuts for the wealthy not programs for tbe poor. There are more sources and you can find them easily online. www.americanprogress.org/article/tax-... - ThreadSky

decodingfoxnews.bsky.social • 59 days ago

This is why we have debt. It’s tax cuts for the wealthy not programs for tbe poor. There are more sources and you can find them easily online.

https://www.americanprogress.org/article/tax-cuts-are-primarily-responsible-for-the-increasing-debt-ratio/

Comments

naturerulesus.bsky.social•59 days ago

📌

bozmania.bsky.social•59 days ago

Agreed, and these tariffs are just another form of regressive tax, like a sales tax, disproportionately hitting those with less wealth!!!

crockettx2.bsky.social•58 days ago

If tax rates were raised a few percentage points on the $600,000 and above income earners, that would be a game changer.

stoutpotentials.bsky.social•59 days ago

I’m afraid they want more than just tax cuts.

Germany wasn’t enough for Hitler.

China was/is too small for their dictators.

Russia is too small for Putin.

America is too small for Trump and Musk.

They are addicted to having POWER. Never enough.

billwalter.bsky.social•58 days ago

Unlike true capitalism, which creates prosperity by rewarding those who create real benefits for others, fascism is a "zero-sum-game" system, of taking prosperity. From "enemies."

Eventually internal "enemies" to take from are exhausted.

It's why Putin had to invade Ukraine.

billwalter.bsky.social•58 days ago

He could only extract so much prosperity out of the ground in the form of oil and gas, while the country right next door was beginning to truly thrive in a multitude of ways. Dictators can't stand freedom and the prosperity it creates. It makes them look really bad.

stoutpotentials.bsky.social•58 days ago

So, so true. Unfortunately so.

ps.wtf•59 days ago

I'm not saying I'm pro-guillotine, but I would point out that two centuries later you don't see billionaires trying to steal the french people's retirement benefits.

satanclaws.bsky.social•59 days ago

I don’t like having to sift through the bullshit

gnomeledy2.bsky.social•59 days ago

Yes, and he left the first ones in place long after he was out of office.

dabnmsf80.bsky.social•59 days ago

dabnmsf80.bsky.social•59 days ago

+ 6,7 TRILLION under Biden in 4 years

aff417.bsky.social•59 days ago

Trump is terrorizing his own people with firings & cuts to essential programs in order to fund tax cuts for corporations & wealthy donors. Fucking insane

derek-the-viking.bsky.social•59 days ago

I love Gary's Economics for simple messaging:

https://youtube.com/shorts/1T_98c1rpeI

writingwoman7.bsky.social•59 days ago

📌

derek-the-viking.bsky.social•59 days ago

That one is only a minute long 😁

writingwoman7.bsky.social•59 days ago

I was in a place where I couldn't listen.

derek-the-viking.bsky.social•58 days ago

Dang. So how does that pin thing work? Does it send a ping to you later or something?

writingwoman7.bsky.social•58 days ago

"One popular feed, created by Bluesky developer Jaz, is 'my pins.' This handy feed shows you all the posts you've replied to with a pin emoji (📌), so it acts as a simple bookmarking service." https://www.howtogeek.com/bluesky-terms-explained-skeets-lists-feeds/

paulthorley.bsky.social•59 days ago

Thanks for sharing. That's an interesting article with a lot of useful relevant information. And common sense too. You balance your budget by managing income and expenses.

dayzee634.bsky.social•59 days ago

I agree! I was responding to a since-deleted post with no source attached. It looked like a meme.

lskmuse.bsky.social•59 days ago

Trickle down, trickle, trickle, trick….

lskmuse.bsky.social•59 days ago

Trickle down? Down, down, down….I am not paying one federal dollar if we are putting Lauren Sanchez’s boobs before hard working, unfortunate people - veterans, disabled, the poor…..trick trick trickle down….

porphyrylives.bsky.social•59 days ago

If we follow the money and reasoning, it appears that the elite class is siphoning most capital from our economy to enrich themselves while saddling the rest of us with debt. Is the ultimate goal to transfer all value from the US to parasites who will move onto a new host once the existing one dies?

dabnmsf80.bsky.social•59 days ago

estimate transfer of 51 trillion dollars to the 10% from the 90% since 1980. As Warren Buffet has said..."we are engaged in class warfare...and my class is winning"

porphyrylives.bsky.social•59 days ago

Well put. What that class does not realize is: this state of inequality hurts everyone, including them. The course we are on is not only unsustainable, it is clearly self-destructive. The reality is, no one is winning. We need a new path.

indiscreetmuse.bsky.social•59 days ago

Ronald Reagan is burning in hell waiting for heaven to "trickle down."

dirigoblue.bsky.social•59 days ago

But, but - tax cuts pay for themselves!

peteolski.bsky.social•59 days ago

For 45 years, we've replaced taxing the rich with selling the rich interest-paying bonds to make up for lost tax revenue. What a sweet deal for the rich!

jofromeurope.bsky.social•59 days ago

America needs a second job.
Taxing the rich.

llfarm.bsky.social•57 days ago

https://bsky.app/profile/llfarm.bsky.social/post/3liz22nx2rc2w

warren-gates.bsky.social•59 days ago

FACT. You are absolutely correct.

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