How to start? Ah, let’s make it simple. It is interesting that when that phrase is uttered it is not uttered to wealthy folk or corporations that make billions in revenue.
- The Republicans (and democrats in the past), cut taxes. For whom you might ask? For the massive corporations and the uber-wealthy. Not you.
- In 2017 the Republicans made cuts to corporations permanent but householder cuts will be reversed in 2027.
- And now, the Republicans are going to cut Medicare and Social Security. Who is that going to affect the most, you might ask? You, not them.
- Mr Bezos, Mr. Musk and Mr. Buffett paid federal taxes of 3.4% of $401 billion. How much do you pay? The first paid less tax every year than a nurse or police officer.
- Good news: 200 millionaires at Davos last week urged the attendees to, “tax the ultra-rich” to help relieve the cost of living strain off ordinary households.” Yay! See how they make their point.
I don’t care how much money business people make, as long as they and their corporations pay a reasonable amount of tax. Defining what ‘reasonable’ means cannot be left up to bought politicians and corporations or their owners. Wider segments of a population need to have a say in what tax cuts do to them and the gap between those who make little in comparison to these others, as the junior Bush called them, ‘the have-mores’ needs to be lessened. That would be a just outcome; it might even prevent a revolution.