Jump to content
  • Sign Up
Treebeard

Paul Craig Roberts unveils the horrifying truth: Trump/GOP Tax Plan is Plunder Capitalism

Recommended Posts

After all the assets of your government and your countrysides are in the
hands of the .0001%, they will declare your currency worthless, and you
will wonder how it happened... it happened because you believed in liars,
and did not perceive what they were really doing. Stealing the planet.
Stealing your ability to resist absolute slavery.

  • Like 2

Share this post


Link to post
Share on other sites

How many people will read it and understand it?  All going according to plan.  It amazes me how easy it is to manipulate and control the masses.  Trump is a expert magician.

Share this post


Link to post
Share on other sites
notgoingtorespond

There was once a saying..all men are created equal!

Now that should apply to taxes, but it doesn't. If you make more money like in the 1 percenters they pay less taxes on percentage of income than everyone else.

That is why I say if we are going to pay taxes it needs to be a consumer tax, that way we are all created equal and no one escapes it. If you buy anything it's taxed, then the higher cost something is(like million dollar houses and auto) there would be a luxury tax added.

Share this post


Link to post
Share on other sites
4 minutes ago, God Man said:

How many people will read it and understand it?  All going according to plan.  It amazes me how easy it is to manipulate and control the masses.  Trump is a expert magician.

He would seem an expert only to the ignorant, and given no other choice,
the masses have no political solution whatsoever. No political solution.

Share this post


Link to post
Share on other sites

This guy has been yelling "the sky is falling" for years.  I followed his advice and bought a lot of gold at $1,600 an oz.  Who's the sucker?

  • Like 2

Share this post


Link to post
Share on other sites
2 hours ago, Picklesnout said:

Just because someone says a thing is or is not of value, does not make it true.

example: designer handbags. Pfft!

Yep,  Smart phones, smart tvs, etc    And the list goes on and on

  • Like 1

Share this post


Link to post
Share on other sites
6 hours ago, TheToolman said:

This guy has been yelling "the sky is falling" for years.  I followed his advice and bought a lot of gold at $1,600 an oz.  Who's the sucker?

but it doesn't change the fact that he's right about this.

"What we are witnessing in the US and indeed throughout the western world is the total failure of capitalism. Capitalism is now merely a looting machine. The financial sector no longer supplies capital for production. What the financial sector does is to turn discretionary consumer income into interest and fee payments to banks. Aggregate demand can only grow through debt expansion, and the consumers reach a point where they cannot expand their debt."

 

  • Like 1

Share this post


Link to post
Share on other sites
1 hour ago, Ronin said:

but it doesn't change the fact that he's right about this.

"What we are witnessing in the US and indeed throughout the western world is the total failure of capitalism. Capitalism is now merely a looting machine. The financial sector no longer supplies capital for production. What the financial sector does is to turn discretionary consumer income into interest and fee payments to banks. Aggregate demand can only grow through debt expansion, and the consumers reach a point where they cannot expand their debt."

 

BINGO!

Share this post


Link to post
Share on other sites
1 hour ago, Ronin said:

but it doesn't change the fact that he's right about this.

"What we are witnessing in the US and indeed throughout the western world is the total failure of capitalism. Capitalism is now merely a looting machine. The financial sector no longer supplies capital for production. What the financial sector does is to turn discretionary consumer income into interest and fee payments to banks. Aggregate demand can only grow through debt expansion, and the consumers reach a point where they cannot expand their debt."

 

He's right, but the market doesn't follow reality.

Share this post


Link to post
Share on other sites

He's basing everything on this.

Quote

The neoliberal economists who are the shills for the rich, Wall Street, and the Banks-Too-Big-Too-Fail claim, erroneously, that by cutting the corporate income tax rate to 20% all sorts of offshored profits will be brought back to the US and lead to a booming economy and higher wages. This is absolute total nonsense. The money won’t come back, because it is invested abroad where labor costs are lower, if invested at all instead of buying back the corporation’s stock or buying other existing companies. After 20 years of offshoring US manufacturing and professional tradable skills and the incomes associated with the jobs, who is going to invest in America? The American population has no income with which to purchase the goods and services from new investment, and the American population’s credit cards are maxed out.

Now that Trump has his tax cuts he needs to bring in some tarrifs to force US manufacturing again and he will get his boost to the economy. Wait to see this play out over the coming months if not years. We are already starting to see a resurgence in US manufacturing.

  • Like 1

Share this post


Link to post
Share on other sites

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.