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She’s Coming For The Millions You Don’t Have
Admittedly, I don't have a lot of patience for the tax debate in America.
Maybe I should say I don't have a lot of patience for the debate as it plays out online and across social media.
The number of Americans who purport to be aggrieved at the prospect of higher taxes for corporations, high-earners and the rich is wildly disproportionate to the number of people who should care, where "should" means you own lots of stocks, earn lots of money and/or control lots of wealth.
That discrepancy's
We know trickle down is very limited effect. The spending impulse from a tax increase is not figured into the math. S&P profits may increase to some degree.
It irks me that the very wealthy do not pay for the armed forces that protect their wealth.
Old Orange Hair is a perfect example.
I’m more anti-M&A rather than anti-tax. Having been through many RIF (reduction-in-force events) either as a layoffee or “survivor”, I have no sympathy for corporations that claim to need cost-cutting.
Corporations want to cut costs because it’s by far the easiest way to increase profits in the short run. It just occurred to me that C-Suite guys (most guys) are the bombardiers of the corporate world. They don’t have to see their victims die while they collect the spoils of their actions. Anyone ever met a nice cost cutter?