President Trump called to speak on air to one of his most
loyal fans yesterday and told Rush Limbaugh "outside of Washington you
have the greatest people in the world."
Share |
This is a rare instance of Trump being accurate, given that
he and the other swill in his Administration now reside in the Washington
area. However, Limbaugh stated
You know, I do understand it. I understand the bond that
those people attending your rallies have with you and you with them. I’ve seen
it. I know why it exists. And you are consistent. Things you said during the
campaign are things you still say today. You haven’t given anybody reason to
doubt you. You haven’t betrayed anybody or made them think that you’re going
to.
During the campaign, Trump often was vague and gavecontradictory indications about his tax plans. On n May 8, 2016 he explained
his tax proposal on Meet the Press and stated "business might have to pay
a little bit more. But we're giving a massive business tax cut." However,
(slightly) more clearly said "the middle class has to be protected.
The rich is probably going to end up paying more."
He never intended that to be the case:
The Corporate Tax Scam of 2017 conferred the vast majority of its benefits upon the wealthy. Evidently, that was not enough for the scoundrels of the swamp because now
He never intended that to be the case:
The Corporate Tax Scam of 2017 conferred the vast majority of its benefits upon the wealthy. Evidently, that was not enough for the scoundrels of the swamp because now
The Trump administration is considering a change to tax
deduction rules that analysts say would amount to a $100 billion capital gains
tax cut for the wealthy.
Aides said Treasury Secretary Steve Mnuchin has not decided
whether to pursue a change that would allow Americans to take inflation into
account when determining capital gains taxes – and whether the administration
could do it unilaterally, bypassing Congress.
"There's been a great deal of interest in this
provision for a long time. The treasury is currently evaluating the economic
impact to see whether or not it requires any legislation," said White
House spokesman Hogan Gidley.
Officials are also looking at how such a change might take
effect.
"If it can’t get done through a legislation process, we
will look at what tools at Treasury we have to do it on our own and we’ll
consider that,” Mnuchin told The New York Times. “We are studying that
internally, and we are also studying the economic costs and the impact on
growth.”
While the White House continues its assault on both the
safety net and workers, the wealthy are well taken care of. And so when Rush Limbaugh tells President
Trump "you haven't betrayed anybody," it's accurate- as long as
"anybody" is defined as "the top 1%."
Share |
No comments:
Post a Comment