Reaganomics was all about not taxing the rich and
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Posted On: 02/15/2023 7:00:13 AM
Reaganomics was all about not taxing the rich and corporations. Look where it has gotten us… I don’t care that it initially expanded the economy. As the world market became more and more the normal standard. Corporations took their manufacturing over seas and the rich that were not taxed didn’t creat jobs any longer. Instead the rich became importers and made billions on larger markups of all products imported. Ask the Waltons of Walmart and Bezo’s of Amazon how they became super wealthy. The whole time they were untaxed. The last 25 years since corporations were allowed to sponsor political campaigns with unlimited donations. The politicians were bought and paid for. A government for the people by the people has no longer existed. Many changes need to happen and the biggest is campaign finance. Where politicians were once grass root funded and worked for the people again. The democrats are more likely to be those people to change the finances as some already do not take corporate donations.
Times have changed in a world economy and letting the rich and corporations not being taxed for many years now has only put us further and further in National debt. Unless you see another way of not paying the Federal Reserve interest like a credit card for the annual bills… we will only drop further and further in debt. The only way out of debt is to change the tax structure to tax the rich and the corporations. This 15% minimum tax is just the beginning. I don’t know if we need to tax as heavy as FDR did at 70% on the wealthy but we need them to pay a fair share of our debt they helped to create by getting rich untaxed.
If you can’t see this is because the bought and paid for politicians are telling you that no taxes is a great thing. People need to wake up and realize who is being a corporate puppet and who is not. The tax structure is the first hit for change. The campaign finance reform needs to happen in order for the people to take back control. We need a new 3rd party that is funded only by the people and re-take over our government to change this. A party for the people by the people. A democracy that doesn’t allow corporate donations to politicians and puts campaign donation caps to minimize donations of the rich and quit seeing all these bought and paid for politicians. Our government is messed up with both parties and neither one is going to cut their own umbilical cord of campaign donations by corporations or wealthy rich people donation. We will have to have a 3rd party in order to overcome this is my prediction.
The fact is Reganomics got us here with the no tax the corporations and the rich and they both took the extra monies and got all political and changed the laws of campaign finance to stay in control. Reganomics was a joke from the start and the bought and paid for republicans have played that card every time when elected. Not one damn time has it helped payed down our National debt.
The big question is… is this how you handle your personal finances? With high credit card debt? With no income to support your credit card bills and keep borrowing to pay the interest? How long will this type of economy work before it collapses? When the republicans say they will let us not pay our bills and will see the world economy collapse. What the hell are they thinking? It’s very un-American and a blackmail that they will own because Biden and his administration will not allow them to control the budget.
Bottom line is we get nowhere without taxing to pay down our debt as a nation. We need to rebuild our failing infrastructure and until we get a hold of our credit debt this won’t be possible. I say tax the rich bastards and tax the corporations to start the change. It’s the beginnings of making our country great again. Not like Trump the treason weasel says and lies to your face. It’s just the opposite of what Trump says. If you can’t see this then the blinders are getting bigger and bigger and you can’t tell the difference in politicians that are bought and paid for.
Times have changed in a world economy and letting the rich and corporations not being taxed for many years now has only put us further and further in National debt. Unless you see another way of not paying the Federal Reserve interest like a credit card for the annual bills… we will only drop further and further in debt. The only way out of debt is to change the tax structure to tax the rich and the corporations. This 15% minimum tax is just the beginning. I don’t know if we need to tax as heavy as FDR did at 70% on the wealthy but we need them to pay a fair share of our debt they helped to create by getting rich untaxed.
If you can’t see this is because the bought and paid for politicians are telling you that no taxes is a great thing. People need to wake up and realize who is being a corporate puppet and who is not. The tax structure is the first hit for change. The campaign finance reform needs to happen in order for the people to take back control. We need a new 3rd party that is funded only by the people and re-take over our government to change this. A party for the people by the people. A democracy that doesn’t allow corporate donations to politicians and puts campaign donation caps to minimize donations of the rich and quit seeing all these bought and paid for politicians. Our government is messed up with both parties and neither one is going to cut their own umbilical cord of campaign donations by corporations or wealthy rich people donation. We will have to have a 3rd party in order to overcome this is my prediction.
The fact is Reganomics got us here with the no tax the corporations and the rich and they both took the extra monies and got all political and changed the laws of campaign finance to stay in control. Reganomics was a joke from the start and the bought and paid for republicans have played that card every time when elected. Not one damn time has it helped payed down our National debt.
The big question is… is this how you handle your personal finances? With high credit card debt? With no income to support your credit card bills and keep borrowing to pay the interest? How long will this type of economy work before it collapses? When the republicans say they will let us not pay our bills and will see the world economy collapse. What the hell are they thinking? It’s very un-American and a blackmail that they will own because Biden and his administration will not allow them to control the budget.
Bottom line is we get nowhere without taxing to pay down our debt as a nation. We need to rebuild our failing infrastructure and until we get a hold of our credit debt this won’t be possible. I say tax the rich bastards and tax the corporations to start the change. It’s the beginnings of making our country great again. Not like Trump the treason weasel says and lies to your face. It’s just the opposite of what Trump says. If you can’t see this then the blinders are getting bigger and bigger and you can’t tell the difference in politicians that are bought and paid for.
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