POLITICO MONEY PODCAST
Treasury secretary: Pass a tax bill or markets will tank
Things have gone from, “No absolute tax cut for the upper class.” last November - full election bullshit mode; to, “So when you’re cutting taxes across the board, it’s very hard not to give tax cuts to the wealthy with tax cuts to the middle class. The math, given how much you are collecting, is just hard to do.”
And it’s tooooo hard to figure estate tax without an accountant so we’re just going abolish that one.
Just to get these out there: Trickle down economics, job creators, deficits are good for the economy, voodoo economics, Reaganomics, pizza a month for the middle class, and all that jazz from the 80’s. Stockman admitted it was all a give-away to the rich.
“That’s a nice stock market you’ve got there. Be a shame if anything unfortunate were to happen to it.”
If “anything” were to “happen”, it would be correctly characterized as “correction”. Because the current numbers have nothing whatsoever to do with fundamentals.
Greenspan had it right 20 years ago.
Yeah, the whole “it’s way too complicated to cut taxes for the middle class, so we’re just gonna cut taxes for the rich” is pretty funny. There goes Donald Trump, standing up for the little guy against the coastal elites again! Hey, they tried to help the middle class for about five minutes, but gave up when they remembered that Republican voters are dolts.
I’m shocked, SHOCKED that Trump would try and pass a tax cut for the rich. He told us he was a man of the people!! Who can you even trust these days, if not the PRESIDENT OF THE US of A!?!?
Because a $5.5M estate can’t afford to pay an accountant to fill out the 706, you know.