Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it.
It is hard to overstate how damaging trickle-down economics has been for the American economy/society. It has eviscerated our tax code and empowered a class of oligarchs that dominate our political system. Making income inequality much worse; it’s not red team, blue team, but class warfare.
It has been objected that upon the abolition of private property, all work will cease, and universal laziness will overtake us.
According to this, bourgeois society ought long ago to have gone to the dogs through sheer idleness; for those of its members who work, acquire nothing, and those who acquire anything do not work.
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braindead Premium Member about 7 hours ago
All magats still believe in trickle down.
Always have.
dotbup about 7 hours ago
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Louisiana lawmakers pass income and corporate tax cuts, raising statewide sales tax to pay for it.
It is hard to overstate how damaging trickle-down economics has been for the American economy/society. It has eviscerated our tax code and empowered a class of oligarchs that dominate our political system. Making income inequality much worse; it’s not red team, blue team, but class warfare.
Pickled Pete about 6 hours ago
Gonna be OK now!
The Donald is gonna fix America… REAL GOOD too!! – trust me!
DangerBunny about 2 hours ago
Wait a minute….. where’s Lucky Ducky’s “Gotcha”? Can it be that he’s not so lucky after all? Was it just a dream?
meetinthemiddle about 2 hours ago
Forget Pickety… Adam Smith in The Wealth of Nations (the capitalist bible) advocated for taxing the rich
gawaintheknight 40 minutes ago
It has been objected that upon the abolition of private property, all work will cease, and universal laziness will overtake us.
According to this, bourgeois society ought long ago to have gone to the dogs through sheer idleness; for those of its members who work, acquire nothing, and those who acquire anything do not work.
kenharkins 20 minutes ago
This pre-supposes no upward mobility. Forbes mag published a report that 60% of American millionaires were 1st generation wealthy.