17 Republicans need to remind Wall Street that elections and fraud have consequences. We need to threaten to let Dems raise taxes if the rich don't stand up for Donald Trump. posted 138 days ago by Bidenisacommie 138 days ago by Bidenisacommie +18 / -1 L e v e r a g e - Do you get it? 10 comments share 10 comments share save hide report block hide child comments Comments (10) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 2 ▼ – PedeElect 2 points 138 days ago +2 / -0 Taxes do not touch the rich. With enough wealth all of your assets are offshore, and you don't earn "income", so income tax hikes do nothing. That is why so many support Dems. Higher taxes decimate the middle and upper-middle classes, they cement the 1% in place and make it harder for the 99% to gain any upward mobility. That's why the richlist in places like Europe rarely changes. permalink save report block reply ▲ 2 ▼ – macrolinx 2 points 138 days ago +2 / -0 THIS. Additionally any corporate taxes, fees or fines are simply passed downline to the consumer. Businesses make money, that's what they do. When their cost goes up, so does their price. permalink parent save report block reply ▲ 2 ▼ – PedeElect 2 points 138 days ago +2 / -0 This Pede gets it. This is not a "rich vs poor" battle, the true enemy is the poisoning of the free market by the State. The enemy are the slimy corporatists and the corrupt politicians who collaborate to cement their wealth. There are plenty of rich who had to work extremely hard to get where they are, and who disdain corrupt state intervention. Trump's core business is hospitality, the scamdemic COVID laws against hospitality businesses was a direct attack on his net worth. permalink parent save report block reply
Taxes do not touch the rich. With enough wealth all of your assets are offshore, and you don't earn "income", so income tax hikes do nothing.
That is why so many support Dems.
Higher taxes decimate the middle and upper-middle classes, they cement the 1% in place and make it harder for the 99% to gain any upward mobility.
That's why the richlist in places like Europe rarely changes.
THIS. Additionally any corporate taxes, fees or fines are simply passed downline to the consumer. Businesses make money, that's what they do. When their cost goes up, so does their price.
This Pede gets it.
This is not a "rich vs poor" battle, the true enemy is the poisoning of the free market by the State.
The enemy are the slimy corporatists and the corrupt politicians who collaborate to cement their wealth.
There are plenty of rich who had to work extremely hard to get where they are, and who disdain corrupt state intervention.
Trump's core business is hospitality, the scamdemic COVID laws against hospitality businesses was a direct attack on his net worth.