I’ve always thought that
at its inception and by design the United States of America, our beloved
country, is distinguished from other lesser aspiring nations by its lack of a caste
or class system among its people. We are all equal under the law as the founding
documents provide.
No royals; no aristocracy
no wealthy, first or upper class, for example. No bourgeois; no proletarian; no
second, modest income or middle class. No peasants; no serfs; no third, poor or
lower income class. Oh sure, there are differences in the amounts of material possessions
among us but that fact is not supposed to determine class – not in the USA.
Of course we all know
that the opposite is true – equality among the people is a myth -- we’re full up
to our eyeballs with three categories of American class crap.
If you doubt that just
look at all the current news today from our parasite politicians about federal income
tax reform. It’s all about class. The president wants to cut taxes and reform
the tax code to benefit primarily the “middle class.” Both Democrats and Republicans
in Congress are prepared to fight about whether or not the tax reform might
benefit (gasp!) not just the “middle class” but the “wealthy upper class” too. Neither
is talking about the “lower class” because they don’t pay federal income taxes
anyway.
Their bickering might
end up killing tax reform altogether. No
Democrats will vote for tax reform no matter what is proposed unless the “wealthy
upper class” gets no benefit. Some Republicans won’t vote for it or will try to
water it down because they simply don’t like the President and don’t want him
to succeed. They stupidly forget that
tax cuts usually benefit all Americans at all income levels.
The fact is that a tiny
minority of American taxpayers -- the hated “wealthy upper class”-- pays the
overwhelming majority of the income and business taxes in America so that the
other two “classes” may benefit. They are the ones who should have their taxes
cut because they are the ones who create the new jobs and investments that make
our American economy boom.
John F. Kennedy
succeeded with tax cuts across the board in the 1960’s. The American economy
boomed. Everyone at every income level benefited. Ronald Reagan succeeded with
tax cuts in the 1980’s. Again, the American economy boomed. The markets enjoyed
the longest bull market in history. Everyone at every income level benefited.
Just in anticipation of our current president succeeding, the economy is
starting to boom. Millions of jobs are being created. Wages are moving higher. Government
revenue is higher when taxes are lower. Everyone at every income level is benefiting.
So if the foolish political
parasites in Congress kill tax reform this time because of their idiotic
bickering, all because they hate wealthy successful people – the golden goose
of our nation -- there will be Hell to
pay. The stock market will crash. The
economy will stagnate. Government
revenue will dry up. Everyone at every
income level will suffer.
That is the result of American
class crap.
Trickle down never worked , never will , we need to raise taxes on the rich.
ReplyDelete