politics steve mnuchin Trump

In Brazen Move, Trump Considers $100 Billion Tax Cut For The Wealthy – Without Congressional Approval

In the simplest possible terms, this is a perpetual motion machine for increasing inequality.

In the simplest possible terms, this is a perpetual motion machine for increasing inequality.
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10 comments on “In Brazen Move, Trump Considers $100 Billion Tax Cut For The Wealthy – Without Congressional Approval

  1. Error404

    Face it: the country is a kleptocracy. That’s a ‘k’, as in Koch.

    • Anonymous

      Exactly. The Kochs actually spent $82M to deny healthcare to poor people. 20 million Americans thrown off their health insurance wasn’t enough, they wanted more. I guess since there are machines now to mine coal, useless poor people should just get sick and die.

    • Well, apparently the Donald and the Kochs are having a little spat. Maybe a few billion in largesse from Uncle Sam will smooth things over.

  2. Even though I’d be one of the beneficiaries of such a reform on capital gains tax, this is utterly evil. We have a growing inequality problem due largely to bad tax policy and it is precisely this inequality rise that placed this bozo in the presidency. If it continues to worsen (which it will under current tax law), then in another 2-3 presidential election cycles, we’re going to long for the days of Trump because he will seem reasonable compared to the radical whack jobs that the electorate will start to take seriously.

  3. For what it’s worth… I wonder if the pansy-assed millennials will even notice.

  4. Ugh…..i feel literally sick. I knew it was convoluted via stock ownership, and i knew about the share repurchasing with tax cut funds, but this is truly evil. To make it all worse, the CEOs are pumping (repurchase announcements) and dumping on the retail investors at this very moment.

    I guess as the asset bubble grew, and the capital gains grew, they put their heads together and made things happen. I guess they are planning on cashing out soon.

    Many of Trump’s low income supporters do not see the filthy corruption behind the veneer. I would like to mail this article to every citizen of the United States 🙂

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